MANILA, Philippines — FEdCenter, an umbrella association of finance teachers and students known for promoting financial knowledge, and JuanHand, an online ca sh lending platform, are partnering to launch an app-based education platform meant to increase financial literacy by making it fun, rewarding and convenient.
With over 24 million downloads and over P21 billion worth of loans disbursed, JuanHand has become a preferred online cash lender of those seeking reliable, fair and quick financial solutions.
It has been instrumental in expanding financial inclusion in the Philippines and now wants to serve the country even more by democratizing financial literacy.
FEdCenter aims to assist JuanHand by providing engaging content in the soon-to-be-launched financial literacy platform and by promoting its use through their other partners such as the Junior Confederation of Finance Associations – Philippines (JCFAP) and the Finance Educators Association (Fin.Ed).
JCFAP and Fin.E D are composed of 16,000 individuals from over 160 universities and organizations in the country.
The partnership officially commenced in January 2024, which aims to revolutionize not only financial literacy but also transform the fintech landscape across the nation.
The partnership signing ceremony was held last April 21 during the National Finance Summit in Le Pavillon Pasay.
This marks a significant milestone in the history of both companies, as a testament to their dedication to financial literacy a nd inclusion. Filipinos now have something to look forward to in the coming months: a financial literacy platform expected to create a movement that will impact the present and future generations.
For more information, visit www.juanhand.com, download JuanHand app at Google Playstore or iOS Appstore or contact [email protected].
Editor’s Note: This is a press release f rom JuanHand. It is published by the Advertising Content Team that is independent of our Editorial newsroom.
MANILA, Philippines — Digital entertainment firm DigiPlus Interactive Corp. (DigiPlus) recorded a net income of P2 billion in the first three months of 2024.
In a disclosure on Wednesday, the firm attributed the “sustained profit momentum” to the “robust performance of its digital retail segment.”
DigiPlus reported a significant 226% surge in revenues, totaling P13.6 billion, attributed to the increased user traffic on its platforms BingoPlus and ArenaPlus.
Meanwhile, the firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) also saw a remarkable 313% year-on-year increase, reaching P2.1 billion.
The company introduced several new digital platforms, one of which is the “Perya Game,” drawing inspiration from the traditional Filipino mini-carnival.
The games include Color Games, Pusoy, Lucky 9, Tongits, and “Pa Pula, Pa Puti.”
“We intend to sustain our growth momentum by continuing to invest in innovation and new technologies to enhance user experience and adding new digital offerings traditionally well-loved by Filipinos. By delivering innovative, fun, and accessible digital offerings, we aim to continue revolutionizing the entertainment space in the Philippines,” DigiPlus President Andy Tsui was quoted as saying in a disclosure. — Ian Laqui