Advance
Supercharge your business with a working capital credit line
Advance is headquartered in Makati, Philippines, lists 51–200 employees, and has $16.0M in recorded funding across 2 rounds.
- Headquarters
- Makati
- Employees
- 51–200
- Business Model
- B2B2C
- Website
- advance.ph
- Total Funding
- $16.0M
- Last Round
- $16.0M Extension RoundMar 2023
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 2 funding rounds for this company. The full record is or through the API.
About
Advance is the first salary-on-demand and earned wage access provider in the Philippines, offering a B2B2C platform that enables employers to extend financial services — including salary advances, business credit lines, and payroll disbursement — to their employees without additional risk to the company. The platform serves both SMEs seeking working capital solutions and large enterprises looking to improve employee financial wellness and reduce absenteeism tied to financial stress. Advance has scaled to serve approximately half a million employees across the Philippines and has expanded its product suite to include direct disbursement and business advance products for SME growth financing.
Summary
Advance is a Fintech company based in Makati, Philippines. It lists 51–200 employees. It has raised $16.0M in total across 2 rounds, most recently a $16.0M Extension Round in Mar 2023.
Tech & App Stack
4 technologies & apps tracked
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Funding History
Mar 2023
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Funding: Seed through Extension Round. Amounts, valuations, and investors where available.
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