Advance
Supercharge your business with a working capital credit line
Makati, Philippines · $16.0M raised
- Headquarters
- Makati
- Employees
- 51–200
- Business Model
- B2B2C
- Website
- advance.ph
- Total Funding
- $16.0M
- Last Round
- $16.0M Extension RoundMar 2023
- Rounds
- 2
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 has raised $16.0M in total across 2 rounds, most recently a $16.0M Extension Round round in Mar 2023.
Tech & App Stack
4 technologies & apps tracked
Every product and vendor across these categories, with where each signal came from.
Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.
Funding History
Mar 2023
Sign up to see all 2 rounds
Seed through Extension Round — per-round amounts, valuations, and who invested in each round.
Similar Companies
Citi is a leading global bank for institutions with cross-border needs, a global provider in weal...
Global fintech company operating Alipay and providing digital payment, wealth management, insuran...
Regulated institutional-grade cryptocurrency exchange offering spot trading for Bitcoin, Ethereum...
Robinhood provides retail brokerage, crypto, advisory, banking, and private-markets access throug...
Stripe provides payments, billing, money-management, fraud-prevention, and identity tools that he...
Grab is Southeast Asia's leading super-app, providing ride-hailing, food and grocery delivery, di...
Your company? Embed this profile
Add the live badge to your site — it stays current as your funding data updates.
<a href="https://indexed.vc/companies/advance"><img src="https://indexed.vc/api/badge/company/advance" alt="Advance on Indexed.vc" width="260" height="76" /></a>