EVO Finance
EVO Finance is a Philippines-based digital consumer finance platform that uses AI-driven alternative-data credit scoring to underwrite personal loans for underserved Filipino consumers, operating as a wholly-owned subsidiary of Trusting Social.
- Company typePrivate
- Founded-
- HeadquartersManila, Philippines
- Headcount—
- GTM typeB2C
- OfferingServices
What EVO Finance does
EVO Finance, operating legally as TS EVO PH Finance Inc., is a Philippines-based digital consumer finance platform that builds mobile-first personal loan products and a marketplace for partner banks' financial products. The company's stated mission is to expand credit access across Southeast Asia starting with the Philippines, targeting consumers with limited or no conventional credit history who are underserved by traditional lenders. EVO Finance is a wholly-owned subsidiary of Trusting Social, an AI and alternative-data company, and leverages that parent's expertise in data science and mobile technology.
The platform combines a 5-minute digital onboarding flow with proprietary AI-driven credit scoring models that ingest mobile, consumer, app, telecommunications (Globe, PLDT, Smart, Sun Cellular), utilities, and credit bureau data to produce alternative credit scores. Loan applications run through KYC using image (photo ID, selfie) and audio (voice) capture, with AI-enabled fraud detection and customer servicing modules layered on top. Personal loans of up to P100,000 are marketed with a 20-minute approval headline, and the platform also routes applications to BSP-licensed partner Loan Providers for independent assessment.
EVO's business model has two streams: direct origination of EVO Loans on its own balance sheet as a duly licensed SEC-registered company, and a partner-facilitation model where applications are forwarded to licensed banks and financing companies. TS EVO PH Finance Inc. is SEC-registered, NPC-compliant under the Data Privacy Act of 2012, and ISO-certified, with additional Bangko Sentral ng Pilipinas (BSP) licenses actively being pursued prior to scaled public offering of financial products. The company is currently single-country (Philippines) with stated Southeast Asia expansion intent.
EVO Finance firmographics
Firmographics- Name
- EVO Finance
- Legal name
- TS EVO PH Finance Inc.
- Website
- https://goevo.ph
- Company type
- Private
- Operating status
- Operating
- Short description
- EVO Finance is a Philippines-based digital consumer finance platform that uses AI-driven alternative-data credit scoring to underwrite personal loans for underserved Filipino consumers, operating as a wholly-owned subsidiary of Trusting Social.
- Ownership category
- akta.pro rank
EVO Finance industry classification
Industry- Product category
- Consumer Lending
- NAICS
- Activities Related to Credit Intermediation (5223), Credit Intermediation and Related Activities (522)
- SIC
- Personal Credit Institutions (6141), Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Collections, Recovery & Debt Management Platforms (FSAGAHAI)
- akta.pro secondary industry
- Embedded Lending & Credit (POS, Working Capital, Credit Lines) (FSAGALAD)
Keywords
Where EVO Finance is headquartered
LocationHeadquarters
- HQ city
- Manila
- HQ country
- Philippines
- HQ region
- Asia
Offices1 record
Markets served
EVO Finance business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- EVO Loans (Direct Lending): EVO Finance extends financing products directly to customers as a duly licensed company. Interest rates, charges, and repayment terms are detailed in individual loan agreements.
- Partner Loan Facilitation: EVO partners with licensed banks and financial institutions (Loan Providers) to make their financial products accessible through the Platform. EVO collects and forwards customer applications to partner Loan Providers for independent assessment.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Personal loans up to P100,000 |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
EVO Finance product offering
Product offeringCore offering
EVO Finance operates a digital consumer finance platform that enables personal lending through AI-driven alternative-data credit scoring. The company extends its own EVO Loans (cash loans up to P100,000) directly to consumers via a mobile-first application, and separately facilitates applications for partner licensed banks and financial institutions. Onboarding is fully digital with a stated 5-minute application process, supported by AI-enabled customer servicing and alternative-data integrations with telcos, utilities, and credit bureaus.
Product overview
EVO Finance operates as a unified consumer finance platform consisting of the core EVO Finance Platform and EVO Loans products. The platform offers direct personal loans up to P100,000 through its own financing products while simultaneously serving as a marketplace for partner Loan Providers' financial products. Key modules include proprietary AI-driven credit scoring models for alternative credit assessment and an AI-enabled customer servicing module for co-branded financing platforms. The platform is mobile-first with a 5-minute digital application process.
Differentiator
Problem solved
Functional benefit
Products and services
- EVO Loans Direct personal loan product extended by EVO Finance to individual consumers in the Philippines, offering cash loans up to P100,000 with quick digital approval and disbursement via the EVO mobile app and website.
- EVO Finance Platform Next-generation consumer finance platform that enables digital mobile-first loan applications with a 5-minute process, expanding access to credit across Southeast Asia starting with the Philippines.
- Loan Provider Partnership Platform Partnership channel connecting consumers with licensed partner banks and financial institutions (Loan Providers), enabling those institutions to access loan applications sourced through EVO's digital platform for their own independent credit assessment.
Quantifiable outcome
- 5-minute application process
- +1 more outcomes
Companies that use EVO Finance
Customer profileSegments1 record
Ideal customer profiles2 records
EVO Finance technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability8 records
Feature3 records
EVO Finance partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Loan Providers (Licensed Banks and Financial Institutions)coreEVO partners with BSP-licensed banks and financial institutions, and SEC-licensed lending or financing companies to make their financial products accessible through the EVO Platform. EVO collects and forwards customer applications to partners for independent assessment.
Scale indicators1 record
Expansion highlights5 records
EVO Finance competitors and assessment
Company assessmentDirect peers
- Atome: Atome is a Southeast Asian BNPL/consumer credit platform operating in the Philippines with mobile-first digital onboarding. Comparable consumer credit use case, mobile-first delivery, and Southeast Asia expansion footprint.
- BillEase: BillEase is a Philippine fintech offering consumer credit and BNPL products to underserved borrowers via digital onboarding. Comparable target segment, ticket-size range, and consumer-lending regulatory standing under SEC Philippines.
- Cashalo: Cashalo is a Philippine SEC-registered online lending platform offering cash loans up to similar ticket sizes through a mobile-first digital application. Closely comparable product, geography, and alternative-data credit decisioning approach.
- Tala: Tala is a global digital lender using alternative data (mobile, telco, app) to underwrite thin-file consumers in emerging markets. Highly comparable alternative-data credit scoring methodology and customer segment, though operating outside the Philippines.
- Maya Bank: Maya is a Philippines-licensed digital bank offering personal loans and credit products through its mobile app. Same target customer (underserved Filipino consumers), same mobile-first delivery model, and same SEC/BSP-licensed regulatory profile.
- GCash (Mynt): GCash is the Philippines' leading e-wallet with embedded lending products (GLoan) targeting similar thin-file, mobile-first consumers via app-based onboarding. Directly comparable business model, customer base, and regulatory positioning in the Philippine digital consumer finance market.
Broad incumbents
- Home Credit Philippines: Home Credit is an established multinational consumer finance provider in the Philippines offering POS lending, cash loans, and digital products. Comparable consumer credit offering and Philippine market footprint, though a much larger incumbent.
- Trusting Social: Trusting Social is the parent company of EVO Finance and a global AI/alternative-data credit scoring specialist. It offers broader enterprise credit decisioning and data products across multiple emerging markets, making it the upstream incumbent in the same technology stack.
Emerging players
- Plentina: Plentina is a Philippines-focused BNPL and consumer credit fintech using alternative data for thin-file underwriting. Comparable customer base and alternative-data approach, though smaller scale than EVO's targeted reach.
Regional players
- Kredivo: Kredivo is an Indonesian digital consumer credit platform using mobile-first underwriting for underserved borrowers across Southeast Asia. Comparable product, customer segment, and AI-driven risk decisioning, though primarily Indonesian-led.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
EVO Finance social profiles
Digital presenceEVO Finance compliance and trust
Trust signalCompliance4 records
EVO Finance financial estimates
Financial estimateRevenue estimate
Valuation estimate
EVO Finance leadership team
Management profileNumber of profiles
EVO Finance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EVO Finance 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 EVO Finance
What does EVO Finance do?
EVO Finance operates a digital consumer finance platform that enables personal lending through AI-driven alternative-data credit scoring. The company extends its own EVO Loans (cash loans up to P100,000) directly to consumers via a mobile-first application, and separately facilitates applications for partner licensed banks and financial institutions. Onboarding is fully digital with a stated 5-minute application process, supported by AI-enabled customer servicing and alternative-data integrations with telcos, utilities, and credit bureaus.
Is EVO Finance a public or private company?
EVO Finance is a private company. It is classified as corporate owned and is currently operating.
When was EVO Finance founded?
EVO Finance was founded in -1.
Where is EVO Finance based?
EVO Finance is headquartered in Manila, Philippines, in the Asia region.
How does EVO Finance make money?
Two revenue lines are on record. EVO Loans (Direct Lending) is the primary driver. The others are partner Loan Facilitation.
Who are EVO Finance's main competitors?
Direct peers on record are Atome, BillEase, Cashalo, Tala, Maya Bank and GCash (Mynt). Broad incumbents are Home Credit Philippines and Trusting Social. Plentina is listed as an emerging player. Kredivo is listed as a regional player.
Does EVO Finance have an API?
No public API is recorded for EVO Finance.
What industry is EVO Finance in?
EVO Finance's product category is Consumer Lending. Its primary akta.pro industry code is FSAGAHAI, Collections, Recovery & Debt Management Platforms, with a secondary code of FSAGALAD, Embedded Lending & Credit (POS, Working Capital, Credit Lines). Its NAICS code is 5223 and its SIC code is 6141.