Fintech UNOAsia raises $32.1m in pre-series B round

It will support efforts to scale up UNO Digital Bank in the Philippines.

Fintech UNOAsia has raised $32.1m in a pre-Series B round.

UNOAsia is the parent company of UNO Digital Bank, which has amassed $100m in deposits and now has a million customers, the bank’s CEO Manish Bhai said.

The investment is expected to help UNOAsia in its efforts to scale up UNO Digital Bank’s operations in the Philippines.

Recently, the bank launched variations of its personal loan products aimed at bridging the formal credit gaps across salaried, professionals, and micro, small, and medium enterprises.