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7-Eleven Philippines enables "buy now pay later" with Silicon Valley fintech Plentina as it launches its online grocery – Manila Bulletin


Published February 17, 2021, 11:45 AM
Plentina, a Silicon Valley-headquartered Filipino-led startup that provides alternative credit scoring and digital financial services to brands and retailers, forms a strategic partnership with Philippine Seven Corporation, the operator of 7-Eleven in the Philippines.  It is the country’s largest retail store chain and the leader in the convenience store category with over 3,000 stores nationwide. 
With Plentina, customers can avail CLiQQ Wallet Credits from the Plentina app on a loan and pay back 14 days later. CLiQQ Wallet Credits can be spent in 7-Eleven stores and at CLiQQgrocery.com, 7-Eleven Philippines’ newly launched online grocery. With an all-digital application process and its proprietary credit assessment technology using artificial intelligence, loan approval happens within a matter of minutes. Payments can be made easily through the Plentina app using GCash, GrabPay, or over the counter via 7-Eleven. ....

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US-based Pinoy lending startup taps 7-Eleven for 'buy now pay later' online grocery


US-based Pinoy lending startup taps 7-Eleven for ‘buy now pay later’ online grocery
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A newly launched Silicon Valley-headquartered digital financing startup has tapped convenience store chain 7-Eleven to introduce what it called “buy now pay later” scheme for online grocery in the Philippines.  
Plentina co-founder Earl Valencia
Plentina, whose mobile app is now available in Google Play,  provides alternative credit scoring and digital financial services to brands and retailers. Aside from 7-Eleven, Plentina has also partnered with local telco Smart Communications.
Filipino tech entrepreneurs Kevin Gabayan and Earl Valencia, who were classmates 13 years ago at Stanford University in California, teamed up in 2019 to form Plentina. ....

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Spotlight on Day 2 of World Fintech Festival Philippines


Published December 10, 2020, 8:24 AM
Following the introduction of the efforts being made to create smart cities, to strengthen e-banking, and to usher in a more inclusive board of tech leaders in Day 1 of the World Fintech Festival (WFF), Day 2 of the virtual event on Dec. 8 saw panelists do a deep dive into the more technical but crucially important regulatory actions that serve as both the backbone and the lifeline for a sustainable fintech future in the Philippines.
Data-Driven Infrastructure and A New Cloud Economy To Spur Economic Growth
Adoption of a data-driven infrastructure and integration into a new cloud economy can hasten the country’s post-COVID economic recovery. Alibaba Cloud Intelligence Country Head Allen Guo recognizes the fast growth of the PH economy (its GDP rising higher than others in SEA the past five years), and is committed to investing 200B CNY to build new-generation data centers. ....

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