Source: https://fintech.ph/listing/encash

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# ENCASH

The Philippines' first independent ATM deployer

[Financial Inclusion](https://fintech.ph/category/financial-inclusion) [Payments](https://fintech.ph/category/payments) [Fintech Infrastructure](https://fintech.ph/category/fintech-infrastructure)

[Visit website](https://www.encash-ph.com/)

- **Founded**: 2006
- **Headquarters**: Makati City, Philippines
- **Stage**: Series A
- **Total raised**: ₱109M. From recorded rounds
- **Licences**: 1. BSP

## Overview

Electronic Network Cash Tellers, Inc. (ENCASH) is the Philippines' first independent ATM deployer (IAD), founded in 2006 by Eric Severino. It installs privately owned, white-label ATMs in rural and underserved areas overlooked by commercial banks, partnering with rural banks, cooperatives, MFIs and merchants. ENCASH has rolled out 1,500+ terminals across 700+ partner sites in over 440 towns, and operates its own MegaLink-connected transaction switch plus a hand-held ATM/POS (KitaKit). It is a BSP-registered Operator of Payment System. Around 2012 it raised about PHP 109M (US$2.57M) from Rural Impulse Fund II and responsAbility.

### Mission

To bring convenient cash access and basic financial services to the rural and underserved communities that traditional banks overlook.

### Products

- White-label ATM deployment (IAD)
- ENCASH SuperPOS / KitaKit hand-held ATM-POS
- Transaction switching (Encash Network Service, MegaLink-connected)

### Serves

Rural communities Banks

## Funding and ownership

Total raised

₱109M

Sum of recorded funding rounds

Stage

Series A

### Investors and shareholders

Rural Impulse Fund II S.A. responsAbility Ventures I Services AG

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

## People

- Eric Severino Founder & CEO

## Licences and certifications

- [BSP-registered Operator of Payment System (OPS)](https://fintech.ph/licence/payment-system-operators) [Check: BSP list of registered operators of payment systems](https://www.bsp.gov.ph/PaymentAndSettlement/COR.pdf)
- SEC-registered Certification
- BSP-supervised Operator of Payment System Certification

Something out of date? [Suggest a correction](https://fintech.ph/contact)

## Contact and links

[encash-ph.com](https://www.encash-ph.com/)

- [facebook](https://www.facebook.com/EncashInc/)
- [linkedin](https://www.linkedin.com/company/electronic-network-cash-tellers-inc-)

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[More in Financial Inclusion](https://fintech.ph/category/financial-inclusion)

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From fintech.ph, an independent directory of fintech companies in the Philippines, as of October 27, 2026. Please link to https://fintech.ph/listing/encash when citing this page.