Mocasa

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.

Name

Mocasa

Legal name

Philippine Cashtrout Lending Corporation

Website

https://mocasa.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

101–250 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

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

• Buy now pay later
• Virtual credit wallet
• Mobile consumer lending
• Digital credit payments
• QRPH credit app

Headquarters

HQ city

Makati

HQ country

Philippines

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Technology or R&D, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. 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.
2. 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.
3. 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

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core 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

Named customers11 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

AI capability4 records

Feature5 records

Partnerships

Eleven partnerships are on record, tiered flagship, core and minor.

• MastercardflagshipTechnology or IntegrationMocasa 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)coreTechnology or IntegrationMocasa 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) PhilippinescoreTechnology or IntegrationMocasa (Philippine Cashtrout Lending Corporation) is SEC-accredited with Certificate of Authority Number 3015, authorizing its lending operations under Philippine securities regulations.
• LazadacoreChannel Partner/ Reseller/ DistributorMocasa'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.
• GrabcoreChannel Partner/ Reseller/ DistributorMocasa'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.
• FoodpandaminorChannel Partner/ Reseller/ DistributorMocasa 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 OnlineminorChannel Partner/ Reseller/ DistributorMocasa Pay Later is accepted for online mall purchases at SM Malls Online, enabling credit payments for shopping at SM retail brands.
• MetroMartminorChannel Partner/ Reseller/ DistributorMocasa Pay Later is accepted for online purchases on MetroMart, a food and grocery delivery platform, enabling users to use their credit line.
• ECPayminorChannel Partner/ Reseller/ DistributorECPay is listed as a partner, potentially serving as a payment aggregator enabling bill payment and merchant services across the Mocasa platform.
• Globe Telecom Inc.coreTechnology or IntegrationGlobe 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.coreTechnology or IntegrationMPAY 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

Market position

Strengths5 records

Weaknesses2 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/MocasaBNPL
• Xx.com/mocasa_ph
• LinkedInlinkedin.com/company/mocasa-ph

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mocasa