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In 50 Words: BillEase hits $60m annual revenue
Philippines-based fintech firm BillEase has hit annual recurring revenue of US$60 million, according to CFO John Garret Go.
The company’s growth was due to increased consumer acquisition and a bigger merchant network. In 2022, BillEase also disbursed roughly 3.5 million loans to over 650,000 customers.
Despite a net loss in 2022, the company has returned to profit in 2023.
