Perasure rolls out digital lending app in the Philippines

It offers loans up to $795 and targets gig and informal workers.

Perasure, a digital lending app, has officially launched in the Philippines.

Eligible borrowers can apply for a loan with a government-issued ID and basic employment or income information, compared to the traditional consumer lending paperwork, according to an announcement on 14 October 2026.

The platform offers loan amounts of up to about $795 (PHP50,000), with flexible repayment terms ranging from 30 to 180 days based on individual credit evaluations.

PeraSure said that it charges a daily interest rate of as low as 0.10%.

Borrowers can review a full rate breakdown, applicable fees, and total repayment amounts upfront before confirming their loan, with no hidden charges, Perasure said.

Perasure targets the 9.9 million Filipinos in gig or informal roles in the Philippines.

Perasure is operated by Sulit Lending Corporation, which is registered under the Securities and Exchange Commission (SEC).

The app is now available on Google Play.

(US$1 = PHP62.86; as of 14 October 2026)