Cashalo, supported by the Gokongwei Group, said Monday it is expanding its presence in the Visayas with the introduction of its pioneering Shop Now, Pay Later service in Cebu to support the growing demand for financial technology services in the region.
Cashalo teamed up with Robinsons Department Store-Fuente Cebu, Robinsons Department Store-Galleria Cebu, Gear Up-Jakosalem Cebu, Spyder-SM Cebu, Moto Inspira-SM Cebu, SM Department Store-Seaside City Cebu and SM Department Store-Consolacion to initially roll out Shop Now, Pay Later in Cebu.
“Cebu is a very important market for Cashalo and we view it as our next frontier. We see a huge growth opportunity in Cebu’s very vibrant market. Our expansion in Cebu also reflects Cashalo’s optimism in the Visayas region, and down the line, in Mindanao,” Cashalo general manager Chino Flor said.
“This initiative also strengthens our commitment of enabling more Filipinos to gain access to financial tools and services that were previously unavailable to them,” he said.