Billease posted more than 80% revenue growth in 2025 and increased net profit to US$13.6 million as the Philippine consumer finance platform accelerated customer growth while laying the groundwork for its planned entry into digital banking.
According to its audited consolidated financial results for the year ended Dec. 31, 2025, Billease generated US$151.2 million in revenue, extending what it described as its multi-year track record of profitability in a market where many digital banks and online lenders continue to operate at a loss.
The company also reported:
- Revenue increased more than 80% to US$151.2 million.
- Net profit reached US$13.6 million.
- Gross loan book expanded more than 77% to US$212.1 million.
- Total assets climbed to US$233.5 million.
- More than 100,000 new customers are now joining the platform each month.
- Return on assets reached about 6.8%.
“The growth was driven by both ends of our customer funnel: strong new-customer acquisition paired with deepening repeat usage,” said Georg Steiger, Co-Founder and CEO of Billease. “It tells us there is significant underlying demand for affordable, well-structured credit in this country, and that the platform scales without compromising our standards. We don’t view 2025 as a peak, we view it as evidence that the model works.”
The company said its financial performance came alongside continued investment in expanding its business, including growing its field sales network, increasing marketing efforts, and strengthening merchant partnerships.
Billease said these expansion initiatives were financed through operating profits rather than external funding.
“We are investing from a position of profitability, not chasing it,” Steiger added. “That is what lets us grow quickly and responsibly at the same time.”
Credit quality also remained stable despite rapid loan growth, with the company saying its underwriting models, developed over eight years and millions of lending decisions, enabled it to maintain historical risk levels while serving a larger customer base.
“We grew the book more than 77% without loosening our standards,” said Steiger. “Growth that comes at the expense of credit discipline isn’t growth — it’s a deferred loss.”
Billease said it remained well capitalized following its 2024 Series C funding round led by TPG’s The Rise Fund, with participation from existing investor Burda Principal Investments.
As of Dec. 31, 2025, total equity stood at US$109.4 million, consisting of US$82.9 million in paid-in capital, US$26.6 million in retained earnings, and reserves, representing an equity-to-assets ratio of about 47%.
Retained earnings nearly doubled during the year, increasing from US$12.8 million to US$26.6 million, providing additional capacity to support future loan book expansion.
Looking ahead, Billease said it is preparing to introduce digital banking services following its 2025 acquisition of Rural Bank of Sta. Maria.
The planned banking offering will include savings and deposit products while aiming to improve the company’s funding profile and reduce its cost of capital.
“Bringing the bank live is the single biggest strategic priority in front of us,” said Steiger. “Once that’s done, the runway opens up considerably a fuller product set for customers, and a materially better cost of funding.”
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