Cashalo launches new feature “pre-approved digital credit” via app



Cashalo a digital lending service company that is known for pioneering "online to offline (O2O) consumer basket financing" or digital credit solution focused on transparency. And they give chance to every Filipino to borrow money for their funding needs to improve their lives and financial well-being.


Last Year, They've introduce Cashacart, which you can borrow money up to PHP 19,999 for your shopping to any of their partnered stores - Robinsons Appliances, Robinsons Department Stores, Handyman, OPPO, Cherry Mobile, and Memoexpress. The process of application can start when you approach any of their Cashalo staff present at their partner stores.


This 2019, Cashalo is now introducing a new service which you can borrow money, get approval in an instant and you get to do it via their Cashalo app.

Here are the details:

Cashacart’s new feature allows you to get pre-approved digital credit right within the Cashalo app, giving you even greater convenience, financial confidence, and purchasing control. You can apply for digital credit in the comfort of your home, and shop in any Cashalo retail partner whenever you want. Cashalo has a growing network of over 300 merchant partners including Cherry Mobile, Memoxpress, Robinsons Appliances, Robinsons Department stores, Blade, Spyder, Mi Department stores and Uno Factory outlets. With Cashacart, you can enjoy a pre-approved* digital credit (in as fast as 24hrs) ranging from P2,250 to 19,999, with interest rates of as low as 0-4 percent.

This pre-approval feature – a first-of-its-kind in the Filipino fintech industry – can have a big impact on how consumers manage their finances. As a shopper, here are the positive benefits you can experience:

● Shop responsibly. ​For starters, you get to plan your purchases carefully. You have more time to make specific shopping goals, and prioritize what you need to buy.

● Free your time. ​Enabling you to plan your finances and shopping in advance you can use the time otherwise spent wandering the store with your family.

● Hassle-free. ​Shopping may be fun, but not if you end up bewildered with choices that can’t all fit in your limited budget. Being better organized means stress-free spending with peace of mind.Since the launch of Cashacart, hundreds of thousands of Filipinos - homemakers, micro-entrepreneurs, and all those who prefer to shop offline but want to enjoy the benefits of digital credit have used this solution to better manage their finances and improve their financial wellbeing.

You can download the Cashalo app from the iOS App Store and Google Play Store. To learn more

Cashacart and its new pre-approval feature, please visit ​http://www.cashalo.com​