PH Digest: Jungle secures lending licence; JoyRide to foray into food delivery

The Philippines’ financial technology space welcomes another player in Jungle, a purchase lending startup, while motorcycle-taxi firm JoyRide announces its plan to venture into food delivery.

Fintech startup Jungle secures lending licence

Jungle, a point-of-sale financing startup, announced that it has secured a lending licence from the Philippine Securities and Exchange Commission (SEC), allowing it to offer buy now and pay later scheme to consumers.

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