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FicPay Money Lending
Information by Research TrustFinance
FicPay Money Lending, also operating under the name Ficpay Lending, was a digital lending company that offered loans to the public in the Philippines primarily through its Facebook page and online applications. The company's operations were deemed illegal by the country's financial regulator. In March 2021, the Securities and Exchange Commission (SEC) of the Philippines issued a cease and desist order, stating FicPay was not registered as a corporation and lacked the required Certificate of Authority to operate as a lending or financing company.
Nigeria
Industry
Financial