Trusting Social Philippines is using artificial intelligence and big data to bring financial inclusion to more Filipinos.
Its mission supports the BSP’s National Strategy for Financial Inclusion 2022-2028, which aims to reach millions of underbanked citizens. As of late 2024, the country had 25.8 million Basic Deposit Accounts and rising demand for household loans. However, only 50.2% of adults held financial accounts, according to the 2025 Global Findex.
Trusting Social entered the Philippine market in 2019, offering alternative credit scoring using telco data. This AI-powered tool helps regulated lenders reach creditworthy borrowers without traditional financial records. The system has expanded credit access even to remote communities, including agri-based earners and women with limited financial history.
The company’s insights support fast, paperless loan approvals, offering underserved borrowers fair access to formal credit. With over 120 billion records processed weekly, Trusting Social enables over a million loans per month and supports a $500 million unsecured credit portfolio.
More than 50 banks and lenders in the country now work with the platform. This includes both top commercial banks and new lending startups. All data processing follows strict privacy standards under GDPR and Philippine regulations.
“Many Filipinos are invisible to the financial system. We’re changing that using data science,” said Trusting Social founder Nguyen Nguyen. Johnny Escaler, CEO of Trusting Social Philippines, added, “We’re aligned with the government’s goals. We’re ready to scale partnerships and solutions that work.”
