Ecofinance in the Philippines Demonstrates Rapid Growth and Launches Investment Opportunities on Nectaro Platform

Ecofinance, which operates in the Philippines market under the brand Honey Loan, has experienced a rapid growth in 2024. Looking at the results of Q4, compared to the previous quarter, number of new loans increased fivefold, number of repeat loans grew 30 times, but sales rose by impressive 80 times.

General Manager of Honey Loan Kirill Kalashnikov mentions: “We see a strong demand in the Philippines market, which is clearly demonstrated by the quarterly results. The substantial increase in the number of repeat loans shows that our product is reliable and practical for the local customers.”

To further the growth and expand financial opportunities, Ecofinance is launching investments in the Philippines on the Nectaro platform, allowing investors to take part in the growing Southeast Asian market and diversify their portfolios. It is already available for Nectaro users offering competitive returns. To start investing, create a new account, add funds and choose available investment options on Nectaro’s webpage: https://nectaro.eu/

“We believe in the potential of the Philippines market and since the launch in August 2024, there has been a growth streak that exceeded our expectations. Our partnership with Nectaro not only complements the business by further sustaining our growth in the Asia-Pacific region and the Philippines and allowing for even better loan offerings but also creates new possibilities for investors generating value in the long term,” comments Rucsandra Larisa Stanciu, the Group Chief Executive Officer of Ecofinance.

Looking ahead, it is planned to continuously strengthen the presence in the Philippines, while also looking for expansion options into new markets.