Honey Loan Integrates with LenderLink to Expand Philippines Operations

Online lending platform Honey Loan has partnered with the credit data network LenderLink to support its expansion within the Philippines.

As a subsidiary of the global financial technology firm Ecofinance, Honey Loan’s launch in the country represents the parent company’s first foray into the Southeast Asian market.

The integration allows Honey Loan to access LenderLink’s consent-based data exchange, which currently contains over 36 million borrower records.

The platform can now review borrower repayment histories from across the network’s participating lenders.

This broad access enables the system to make more informed, real-time approval decisions

Such an integration allows digital lenders to preserve their rapid processing speeds. At the same time, it significantly lowers the risks associated with fraud and repeat defaults.

Kirill Kalashnikov, General Manager at Honey Loan, emphasised the company’s focus on responsible operations, stating,

LenderLink’s infrastructure is designed to help financial providers securely share verified consumer information.

As the shared data pool grows, lenders can easily identify reliable borrowers whom traditional scoring methods might otherwise overlook.

Over time, this enhanced visibility allows financial providers to offer these individuals much better loan terms.

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