Burda Principal Investments reaffirms commitment to BillEase in Series C Round led by TPG’s The Rise Fund
We as Burda Principal Investments (BPI) are excited to announce our continued support for BillEase, the Philippines’ leading digital consumer finance platform, as the company secures a strategic investment led by TPG’s The Rise Fund in its Series C round. Since our initial investment in 2022, BPI has remained committed to fuelling BillEase’s growth as it expands its product offerings and further solidifies its position as a market leader in the South-East Asian fintech ecosystem.
Driving Growth and Impact Through Strategic Partnerships
The strategic partnership with TPG’s The Rise Fund marks a significant milestone in BillEase’s journey. The investment from TPG’s renowned impact investing platform recognises BillEase’s strong market position and the company’s commitment to empowering the underbanked population in the Philippines. BPI views this new collaboration as a pivotal step towards accelerating BillEase’s growth and enhancing its ability to offer innovative financial products that address the needs of the underserved segments of society.
This investment will enable BillEase to scale its impact, building on the success it has already achieved – with 89 % of customers reporting improved financial management through the platform. The company continues to expand, remaining dedicated to its mission to enhance financial security for millions of Filipinos, particularly the emerging middle class. The Philippines’ young, digitally savvy population and rapidly growing economy offer significant opportunities for such innovative fintech solutions.
BPI’s Ongoing Commitment to BillEase
“BillEase’s impressive performance and consistent growth reaffirm our commitment to supporting their journey.” said Neil Fong, Managing Director & Head of BPI Asia. Edwin Mak, BPI Principal, added, “We are confident in BillEase’s potential to keep leading in the Philippines’ digital finance sector, and we are eager to back their continued success.”
When BPI first invested in BillEase in 2022, the company had recognised the potential of the Southeast Asian consumer credit market, particularly in the Philippines, where financial services remain largely underserved. BillEase stood out not only for its rapid growth but also for its disciplined approach to risk management, enabling profitable expansion. The company’s innovative use of proprietary credit models and its focus on serving the emerging middle class have positioned it as a leader in the fintech landscape, driving financial inclusion and setting new standards for digital consumer finance in the region.
BPI’s participation in the Series C round is a testament to the ongoing partnership between the two organisations. Reflecting on the initial investment, we saw not only a promising business in BillEase but a team of visionary founders with deep expertise and a shared commitment to making a positive impact. Looking ahead, Burda Principal Investments retains this view and remains enthusiastic about supporting the company in reshaping the Philippines’ financial landscape by providing flexible, accessible financial solutions.
Read more about BillEase here.
