Billease nets P840 million, to infuse P1 billion into banking arm

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June 11, 2026 | 12:00am

MANILA, Philippines —  Consumer finance and buy-now-pay-later platform Billease booked a net profit of P840 million in 2025, marking its third straight year of profitability as it moves to expand beyond digital lending and build up its regulated banking business.

In a statement, the company said its audited consolidated revenue grew by more than 80 percent year-on-year to P9.3 billion last year, supported by a sharp expansion in its consumer lending portfolio.

 Billease’s consumer loan portfolio grew by more than 75 percent to about P11.9 billion in 2025, while the platform continues to onboard more than 100,000 new customers every month. To date, Billease has disbursed P130 billion in loans. 

Building on its profitable lending operations, Billease said it has injected P500 million in fresh capital into its banking arm, the Rural Bank of Sta. Maria – Ilocos Sur (RBSM), with another P500 million committed by the end of the year.

 This will bring the total capital infusion to P1 billion and raise the bank’s total capitalization to more than P1 billion.

 Dennis Valdes, president and CEO of the bank, said the capital infusion would help support the bank’s transition into a digital-first financial institution. 

“We are deeply encouraged by this strong vote of confidence at a pivotal moment in our transformation,” Valdes said.

 “We are in the midst of a comprehensive upgrade of our core systems as we prepare to launch our banking services. This capital provides the foundation to accelerate the rollout of new products that build on the Billease group’s promise of fast, safe and reliable financial access for millions more Filipinos,” he said.

 The company acquired RBSM as part of its plan to expand beyond consumer credit and eventually offer broader financial services, including savings, deposits and other digital banking products.

 Since the acquisition, Billease said management has undertaken a comprehensive transformation of the rural bank by establishing governance committees, strengthening risk and compliance processes and modernizing its core systems and platforms.

 The fresh capital will be used mainly for core system modernization, capital strengthening, governance improvements and product innovation.

 Billease co-founder and CEO Georg Steiger said the company’s next phase of growth would be anchored on serving customers beyond lending. 

“We have built a strong, profitable digital lending business but our customers need more than credit. The bank gives us the foundation to serve them better, with savings, deposits and a fuller set of everyday financial services,” Steiger said.