Founded in 2017, Uploan is South East Asia’s leading fintech provider of salary linked financial services. Its platform offers employees affordable loans, salary advances and insurance products. It also provides free emotional support and financial education. Its money deducted payments are transparent and visible to both the employee and their HR specialist.
Savii
Savii (previously known as Uploan) is a financial technology company that empowers employees with salary-linked solutions. It partners with employers to offer their employees access to salary loans, advance payments, extra support, and other salary-linked benefits. This helps reduce the burden of financial stress on their employees, while allowing them to use their salary wisely and avoid the risk of debt default. In a virtual media briefing, the Savii team highlighted how this service is beneficial to both employers and employees.
The Savii app enables employees to access their loan balances and repayments through their dashboard. The application process is straightforward and simple, requiring minimal documentation. Employees can also contact customer service through the platform to resolve any concerns or queries. Additionally, the app has a convenient feature that allows employees to book a meeting with a Savii representative to discuss their personal finance concerns.
In addition to helping employees with their immediate financial needs, Savii offers a variety of other services that help improve their overall financial health. These include financial education programs, savings and rewards programs, and cashbacks. The Savii app also provides an option to transfer funds between accounts, making it easy for users to manage their money. It is also a good way to save for emergencies and other future expenses.
Founded in 2017, Savii is a fintech company that offers holistic solutions for salaried workers. Its savii uploan products include on-demand learning, mental health support, relevant free insurance protection, and same-day salary-deducted loans. Its headquarters are located in Makati City, Philippines. Its investors include Credit Finance and Lendable.
Savii has received positive reviews from users across the country. Its ease of use, user-friendly interface, and competitive interest rates make it an ideal lending solution for individuals in need of a quick and affordable loan. The platform is available in multiple languages and is backed by a comprehensive online support system.
One of the most popular Savii features is the ability to submit MCO claims through the app. This can save employees a significant amount of time, as it eliminates the need to visit the bank or MCO office. This is a huge benefit for employees who have limited mobility or are dealing with medical or emotional distress. It also increases employee satisfaction and engagement, which is an important aspect of any organization. The platform also allows employees to access their salary statements and other related documents on demand, ensuring that they are always aware of their finances.
Uploan ph
Founded in 2017, Uploan Asia Ltd is the leading salary linked financial services provider in the Philippines. Through a B2B2C model, it partners with large global corporations to offer employees financial services including loans, salary advances, insurance and education tools to enhance employee well-being and loyalty.
Using an innovative approach that leverages data from HR departments, Uploan’s digitized platform is able to underwrite better loans by considering income and other key data points. This allows them to provide affordable loans to people who often have no credit files. Furthermore, they can ensure that repayments do not put a strain on customers’ cash flow. In addition, they can help improve the financial literacy of their customers by providing educational tools and trainings.
To apply for a loan, customers need to fill in personal information such as age, work and income. Once they have verified their identity, they will be given a loan limit and terms. They can choose to pay their loan in full or over a period of up to 12 months. Once approved, their money will be credited to their account within 24 hours. The company is a certified business and works in accordance with the laws of the Philippines.
Uploan’s unique model is a welcome solution for Filipinos who are struggling to make ends meet during the pandemic. The company has managed to navigate the challenges of the Covid-19 crisis, including two debt repayment moratoriums and one of the world’s longest quarantine lockdowns. As a result, they have grown their customer base to more than 300,000 and are able to avoid a spike in non-performing loans. Lendable is proud to support them with this long-term facility and looks forward to supporting them as they scale.