Peppermint Innovation Launches MicroLoan Lending Platform Powered by TurnKey Lender to Serve Philippines Market 


Peppermint launches bizmoPay powered by TurnKey Lender, a microloan platform serving the Philippines market.  The platform allows for e-money transactions and e-wallet accounts, providing an easy and secure way to receive digital money and services. Peppermint is a FinTech company focused on the development of its proprietary technology platform targeting four key business sectors – mobile payments, eCommerce, delivery and logistics, and mobile financial services. And now, empowered by TurnKey Lender’s AI-driven lending automation software, Peppermint is venturing into the digital lending space.  

BizmoPay is an SME microloan platform serving a potentially huge market in the Philippines with end-to-end lending automation. The launch of bizmoPay follows the granting of a financial lending license to Peppermint in July, and a highly successful pilot program.  The ‘phase 1’ commercial launch of bizmoPay will now allow any of bizmoto’s 56,000 agents to access the three bizmoPay micro-loan products via its mobile bizmoto app. 

“We are already witnessing strong demand for our micro-enterprise loan products, so we’re confident of signing up another 1,000 loans during the next 90-day period,” said Peppermint CEO, Chris Kain.  Peppermint’s initial target is to expand the bizmoPay platform to these 56,000 agents, and to issue $30m over the next three years.  “We will be supporting our commercial roll-out of the bizmoPay program with a strategic marketing campaign during the next three months targeted at our agent base,” said Kain.  

The non-bank lending space in the Philippines is currently undergoing massive changes, especially in the mobile app space where users have exploded as more people access non-bank loan finance through their mobiles. 

About TurnKey Lender: 

TurnKey Lender provides business with an intelligent, easy-to-use integrated SaaS platform that is easily adjusted to the business needs and includes all the functionality required to make the lending process fully digital. The solution uses AI, proprietary bank-grade technology, and advanced API integrations to automate every step of the lending process from a single cloud-based solution. Different versions of the software are tailored to the needs of traditional lenders (banks and credit unions), alternative lenders (fintech startups, p2p lenders, microlender, etc.), and embedded lenders (any type of business that wants to sell products or services in installments) online or from a store.  

About Peppermint Innovation Ltd: 

Peppermint Innovation is a FinTech company focused on the commercialization and continued development of the Peppermint Platform, a mobile banking, payments and remittance, delivery and logistics, ecommerce, and finance services technology to service the Developing World. Peppermint technology currently powers a white label mobile app banking platform and the bizmoto micro enterprise platform in the Philippines. 


Lisbeth Garassino 

[email protected] 

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