M

    M Lhuillier

    Kwarta Padala, Palaging Sigurado

    Founded
    1992
    Headquarters
    Cebu City, Philippines
    Stage
    Private
    Licences
    1
    BSP

    Overview

    M Lhuillier Financial Services, Inc. is one of the Philippines' largest non-bank financial institutions, operating the ML Kwarta Padala remittance network through more than 3,000 branches nationwide. Founded in Cebu City in the 1980s by Michel J. Lhuillier, the company grew into a nationwide money-services business. Today it offers domestic and international money transfer (including a Western Union partnership), pawning and quick cash loans, foreign exchange, bills payment for 1,000+ billers, micro-insurance, and the MCash/ML Wallet mobile wallet. It is supervised by the Bangko Sentral ng Pilipinas (BSP).

    Mission

    To make secure, convenient financial services accessible to every Filipino community.

    Products

    • ML Kwarta Padala
    • MCash / ML Wallet
    • Money Changer (Forex)
    • Bills Payment
    • Quick Cash Loans / Pawning
    • Micro-insurance

    Serves

    ConsumersOFWsFamilies

    Funding and ownership

    Stage

    Private

    Investors and shareholders

    Lhuillier Family

    People

    • Michel J. LhuillierFounder & Chairman
    • Michael Llamas LhuillierPresident & CEO

    Licences and certifications

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