Mocasa
Mocasa is a Philippine fintech founded in 2021 that operates the country's first virtual credit wallet, offering underbanked and general Filipino consumers a Pay Later credit line (QRPH in-store, virtual Mastercard online) and a Quick Loan cash product of up to PHP 50,000 via a mobile app.
- Company typePrivate
- Founded2021
- HeadquartersMakati, Philippines
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Mocasa does
Mocasa, operated by Philippine Cashtrout Lending Corporation, is a Philippine fintech founded in 2021 that operates the country's first virtual credit wallet, distributing credit to Filipino consumers through a mobile app available on Google Play and the Apple App Store. The platform combines a Pay Later credit line — usable in-store via QRPH scan and online via a virtual Mastercard issued under Mocasa's partnership with Mastercard — with a Quick Loan cash product offering up to PHP 50,000 over 30-90 day terms at 0.2% daily interest. Revenue is generated through interest on cash loans, service fees on cash-out and top-up transactions processed via payment aggregators such as MPAY Philippines Inc., and transaction-based fees on Pay Later balances where users do not pay on time.
The company's core technology stack is built around automated credit decisioning. Underwriting models use machine learning trained on alternative data inputs including on-device SMS financial transaction messages, telecommunications usage scores from Globe Telecom and Smart, device identifiers, and behavioral signals, with the explicit purpose of serving underbanked and unbanked consumers who lack traditional credit histories. Mocasa holds SEC Certificate of Authority No. 3015 and CIC accreditation, and reports 1M+ app downloads, 200,000+ active credit customers, and integration across 700,000+ QRPH-accepting merchants and billers as of 2023. Distribution is product-led and digital-first, relying on app store presence, partner merchant networks (Lazada, Grab, Foodpanda, Shopee, AirAsia, Agoda), earned media, and word of mouth rather than field sales.
Mocasa firmographics
Firmographics- Name
- Mocasa
- Legal name
- Philippine Cashtrout Lending Corporation
- Website
- https://mocasa.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Mocasa is a Philippine fintech founded in 2021 that operates the country's first virtual credit wallet, offering underbanked and general Filipino consumers a Pay Later credit line (QRPH in-store, virtual Mastercard online) and a Quick Loan cash product of up to PHP 50,000 via a mobile app.
- Ownership category
- akta.pro rank
Mocasa industry classification
Industry- Product category
- Consumer Lending / Buy Now Pay Later
- NAICS
- Consumer Lending (522291), Sales Financing (52222)
- SIC
- Personal Credit Institutions (6141), Finance Services (6199)
- akta.pro primary industry
- BNPL Consumer Apps & Wallets (Discovery, Management) (FSAGAIAG)
- akta.pro secondary industries
- QR Code Payments Wallets (FSAMAEAC), Digital Wallet Platforms (Consumer & Merchant) (BPAMAFAC), General-Purpose Digital Wallets (P2P + Merchant) (FSAMAEAA)
Keywords
Where Mocasa is headquartered
LocationHeadquarters
- HQ city
- Makati
- HQ country
- Philippines
- HQ region
- Asia
Offices1 record
Markets served
Mocasa business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Operations, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Loan Interest Income: Mocasa charges daily interest on cash loans (Quick Loan product). Interest rates as low as 0.2% daily on loan amounts up to PHP 50,000 with 30-90 day repayment terms. Users may pay only principal and actual accrued interest if paying before billing cycle end.
- Service Fees: Service fees charged to users when using Mocasa services such as recharging or cash loan withdrawal. These are payments to merchants and payment aggregators/processors (such as MPAY Philippines Inc.). A service charge is paid in addition to the loan amount upon settlement.
- Pay Later Credit Line: Mocasa Pay Later is a credit line product where users can make in-store (QRPH scan) or online (virtual Mastercard) purchases. Revenue is generated through the credit mechanism — users can pay on time (interest-free) or carry balances with associated interest and fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Quick Loan - up to PHP 25,000 initial approval |
| Usage-based | Pay-as-you-go | Quick Loan - up to PHP 50,000 maximum |
| Transaction based/ take rate | Monthly | Pay Later - interest-free on-time payments |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Mocasa product offering
Product offeringCore offering
Mocasa operates a mobile-first fintech platform offering a virtual credit wallet that enables Filipino consumers to make in-store payments via QRPH scanning and online payments via a virtual Mastercard, along with bill payments, prepaid load purchases, and cash advances to e-wallets. The platform also provides a Quick Loan cash advance product of up to PHP 50,000 with 30-90 day installment terms at as low as 0.2% daily interest, all delivered through the Mocasa mobile app with automated ML-based credit decisions.
Product overview
Mocasa operates as a fintech platform offering two main credit products: (1) Mocasa Pay Later, a virtual credit wallet that functions as a BNPL service with QRPH in-store payments and virtual Mastercard for online transactions, supporting bill payments and load purchases; and (2) Mocasa Quick Loan, a cash loan product offering up to PHP 50,000 with flexible 3-month installment options. Both products share the same mobile app platform and are targeted at Filipino consumers seeking flexible credit payment methods.
Differentiator
Problem solved
Functional benefit
Brands
- Mocasa Pay Later: A credit line provided to users for in-store and online purchases, with QRPH scanning and virtual Mastercard functionality.
- Mocasa Quick Loan
- Mocasa Gift Cards
Products and services
- Mocasa Pay Later A virtual credit line provided to Filipino consumers, usable in-store via QRPH scan-to-pay and online via a virtual Mastercard. Also enables bill payments and prepaid load purchases within the Mocasa app. Zero interest applies when payments are made on time.
- Mocasa Quick Loan
Quantifiable outcome
- Zero interest when paying on time — users can avoid interest charges entirely with on-time payments
- +3 more outcomes
Companies that use Mocasa
Customer profileNamed customers11 records
Segments3 records
Ideal customer profiles3 records
Mocasa technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration9 records
AI capability4 records
Feature5 records
Mocasa partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered flagship, core and minor.
- MastercardflagshipMocasa is Mastercard's first non-bank partner in the Philippines, enabling the issuance of a virtual Mastercard card powered by the user's Mocasa credit line. This allows users to make online payments at any Mastercard-accepting merchant globally.
- Credit Information Corporation (CIC)coreMocasa is accredited by the Credit Information Corporation (CIC) Philippines and listed as a submitting entity, enabling credit information sharing and regulatory compliance with Philippine credit reporting laws.
- Securities and Exchange Commission (SEC) PhilippinescoreMocasa (Philippine Cashtrout Lending Corporation) is SEC-accredited with Certificate of Authority Number 3015, authorizing its lending operations under Philippine securities regulations.
- LazadacoreMocasa's virtual Mastercard and Pay Later credit line can be used for online purchases on Lazada, one of the largest e-commerce platforms in the Philippines, enabling buy-now-pay-later functionality.
- GrabcoreMocasa's virtual Mastercard is accepted for ride hailing and delivery payments on Grab, enabling users to pay for transportation and food delivery using their Mocasa credit line.
- FoodpandaminorMocasa Pay Later is accepted for food delivery payments on Foodpanda, allowing users to use their credit line for food ordering through the platform.
- SM Malls OnlineminorMocasa Pay Later is accepted for online mall purchases at SM Malls Online, enabling credit payments for shopping at SM retail brands.
- MetroMartminorMocasa Pay Later is accepted for online purchases on MetroMart, a food and grocery delivery platform, enabling users to use their credit line.
- ECPayminorECPay is listed as a partner, potentially serving as a payment aggregator enabling bill payment and merchant services across the Mocasa platform.
- Globe Telecom Inc.coreGlobe Telecom is a mobile network operator partner providing telecommunications usage data for 'telco score' credit evaluation. This enables Mocasa to assess creditworthiness of users based on their telco usage patterns, complementing traditional credit scoring.
- MPAY Philippines Inc.coreMPAY Philippines Inc. is a payment aggregator and processor used by Mocasa for processing transactions through the platform, as referenced in the Terms and Conditions and Privacy Policy.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Mocasa competitors and assessment
Company assessmentMarket position
Strengths5 records
Weaknesses2 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Mocasa social profiles
Digital presenceMocasa compliance and trust
Trust signalCompliance3 records
Mocasa financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mocasa leadership team
Management profileNumber of profiles
Profiles1 record
Mocasa funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mocasa M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mocasa
What does Mocasa do?
Mocasa operates a mobile-first fintech platform offering a virtual credit wallet that enables Filipino consumers to make in-store payments via QRPH scanning and online payments via a virtual Mastercard, along with bill payments, prepaid load purchases, and cash advances to e-wallets. The platform also provides a Quick Loan cash advance product of up to PHP 50,000 with 30-90 day installment terms at as low as 0.2% daily interest, all delivered through the Mocasa mobile app with automated ML-based credit decisions.
Is Mocasa a public or private company?
Mocasa is a private company. It is classified as unknown and is currently operating.
When was Mocasa founded?
Mocasa was founded in 2021. It employs 51 to 100 people.
Where is Mocasa based?
Mocasa is headquartered in Makati, Philippines, in the Asia region.
How does Mocasa make money?
Three revenue lines are on record. Loan Interest Income is the primary driver. The others are service Fees and pay Later Credit Line.
Does Mocasa have an API?
No public API is recorded for Mocasa.
What industry is Mocasa in?
Mocasa's product category is Consumer Lending / Buy Now Pay Later. Its primary akta.pro industry code is FSAGAIAG, BNPL Consumer Apps & Wallets (Discovery, Management), with a secondary code of FSAMAEAC, QR Code Payments Wallets. Its NAICS code is 522291 and its SIC code is 6141.