Cashalo

Fast, affordable, and legit digital credit for Filipinos

Lending Buy Now Pay Later Financial Inclusion

Founded: 2018
Headquarters: Metro Manila, Philippines
Stage: Private
Total raised: ₱4.2B; From recorded rounds
Licences: 2; SEC

Overview

Cashalo is a Philippine fintech lending platform operated by Paloo Financing, Inc. that offers fast, collateral-free digital credit to unbanked and underserved Filipinos. Launched in 2018 as a joint venture between Hong Kong-based Oriente and JG Summit's Express Holdings, it provides cash loans and buy-now-pay-later installment financing through its mobile app, using alternative data and AI-based credit scoring for approvals in as little as minutes. Cashalo was acquired by US fintech Empower Finance (rebranded "Tilt" in 2025) in April 2024 and continues to operate under the Cashalo brand.

Mission

To provide accessible credit solutions for the underbanked Filipino population.

Products

Cash Loans
Buy Now Pay Later (Installments)
Alternative-data Credit Scoring

Serves

Underbanked FilipinosOnline shoppersConsumers

Funding and ownership

Total raised

₱4.2B

Sum of recorded funding rounds

Stage

Private

Parent organisation: Tilt (formerly Empower Finance, Inc.), USA — acquired Cashalo April 2024

Investors and shareholders

Empower Finance / Tilt (parent, since 2024)Oriente (former)JG Summit / Express Holdings (former)Community Investment Management (debt)

Figures are calculated from the funding rounds recorded for this company.

People

Warren HogarthCo-founder (Tilt, formerly Empower; parent company)

Licences and certifications

SEC Financing Company (Paloo Financing, Inc.) — Reg. No. CS201800209, Certificate of Authority No. 1162 Check: SEC lists of lending and financing companies
NPC-regulated; reports to the Credit Information Corporation (CIC)

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