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Plentina raises $2.2M to accelerate credit access in Southeast Asia

Published April 16, 2021, 1:54 PM Many startups have attempted to unlock financial services in Southeast Asian emerging markets, where credit card penetration is under 10%. Consumers in the Philippines have lost trust in a system rife with illegitimate and predatory lenders. A new fintech startup, Plentina, is leveraging machine learning and retail partnerships to help rebuild that trust. Plentina closed a seed round of $2.2M after successfully launching a service for large-scale merchants to s...
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Source: mb.com.ph

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