Billease, the Philippines’ Buy Now Pay Later platform, has joined LenderLink’s Credit Intelligence Network, expanding real-time access to borrower data across the Philippines’ lending ecosystem.
In a statement on Thursday, Billease said the network now connects more than 20 banks and lenders and shares over 45 million borrower records in real time, aiming to improve credit decisioning through broader and more timely data exchange.
The development comes against a backdrop where lending decisions in the Philippines are often made with incomplete borrower information. In many cases, applicants may have a strong repayment history, but only with previous lenders, leaving gaps in their credit profiles when applying to new institutions.
Industry observers say this information gap can result in creditworthy borrowers being rejected or approved for lower credit limits than they may otherwise qualify for, while also limiting lenders’ ability to accurately assess risk exposure.
LenderLink, which operates as the Philippines’ first consent-based credit data exchange, is built on Open Finance principles and enables participating institutions to securely share borrower data in real time.
Through its participation, Billease both contributes to and accesses the network’s shared dataset, allowing credit assessments to reflect a more complete view of borrower behaviour across multiple financial institutions.
“Joining LenderLink is a milestone for Billease and for the broader lending ecosystem,” said Georg Steiger, Co-Founder and Chief Executive Officer of Billease.
“By embracing real-time, consent-driven data sharing, we’re not only improving our own credit decisions, we’re helping to build a more inclusive financial system where responsible borrowers are recognised across institutions,” he added.
For lenders, the integration is expected to enhance credit evaluation at the point of application, providing visibility into borrowers’ current obligations and repayment behavior across participating institutions, rather than relying solely on internal records.
This broader visibility is expected to reduce information blind spots, improve approval accuracy and strengthen risk management, particularly in a market where borrowers often hold multiple credit lines across different providers.
At the same time, the system is designed to benefit consumers with established repayment histories. Borrowers who have demonstrated responsible credit behaviour with Billease can now have that track record recognised by other lenders within the network, potentially improving access to new credit facilities.
“Billease is the kind of partner that makes the whole network stronger,” said Christo Georgiev, Co-Founder and Chief Executive Officer of LenderLink. “When they share what they know, every member-lender benefits, and so does every borrower whose full credit history can finally be seen.”
LenderLink said the integration was completed through its API-first architecture, enabling real-time data exchange between participating institutions.
Billease added that millions of its customers who have built positive repayment histories can now have that information reflected across the network, potentially expanding access to credit beyond their existing lender relationships.