Fintech Plentina offers digital loans for top brands through Share Treats

Fintech Plentina offers digital loans for top brands through Share Treats

Fintech company Plentina is proud to partner with Share Treats, a platform that allows consumers to avail of digital gift codes for various merchants. Through this partnership, Plentina is able to offer Share Treats SMS vouchers for a variety of household names, such as Red Ribbon, Puregold, Southstar Drug and McDonald’s. Filipinos can download the Plentina app and avail of loans for Share Treats vouchers, subject to their credit limit with Plentina. Customers can then use their vouchers to purchase groceries from Puregold, medicine from Southstar Drug, or their favorite treats from Red Ribbon and McDonald’s.

“The brands we are able to offer are well-loved by everyone,” said Vanessa Lee Cartera, Share Treats’ ­­Group Head for Strategic and Merchant Partnerships. “Filipinos, in particular, show their love through food, and what better way to treat yourself or your friends than with comfort food from your favorite fast food chains. And of course, essentials such as groceries and medicine are definitely needed by all. We want everyone and anyone to be able to share treats. Together with Plentina, this is more possible.  We can offer customers flexible Buy Now, Pay Later options, so they no longer have to wait till payday to avail of Share Treats offers for themselves and their loved ones.”

“We are very excited about being able to offer all these brands through Share Treats to Plentina users,” said Earl Valencia, Chief Business Officer and Co-founder of Plentina. “It is our mission to continue to offer household names that Filipinos know and love while enjoying a fast and convenient way to buy on credit even without a credit card. We are very grateful to Share Treats for this partnership, and we look forward to adding many more offers with their support.”

Opening a Plentina account is very easy. Filipinos can download the Plentina app from the Google Play Store, fill out the customer information form, and submit one government ID. Upon successful verification, they can already avail of loan offers as low as P100 from the comfort of their homes. Upon selecting the Share Treats voucher options, they will enter their mobile number, accept the loan terms, and then receive their voucher code from Share Treats through text message. All they need to do then is head over to their chosen branch, present their Share Treats SMS code to the cashier, and proceed to claim their treats!

Plentina is one of the leading fintech companies in the country, with the Plentina app having surpassed 300,000 downloads since its launch just last 2020. Plentina offers store credit for essential purchases such as groceries, medicine, food, and office supplies. The company aims to provide financial access to the majority of Filipinos who do not have access to fair credit options. Last April 2021, they announced their multi-million dollar seed funding round led by top Silicon Valley and local investors as one of the largest seed rounds for any Filipino-led start-up focused on the Philippines and the region.

About Plentina

We unlock financial services for the emerging middle class using machine learning algorithms.  Plentina builds an alternative credit score and provides store credit financing to Filipinos so that they can buy essentials like food, medicine, groceries, and school supplies.

Download the Plentina app at the Google Play Store: https://play.google.com/store/apps/details?id=com.plentina.app&hl=en&gl=US

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