Advance is a digital lending platform founded by CEO Jaime de los Angeles to help low and middle-income workers bridge their cashflow needs and manage unexpected expenses through access to salary advances. His focus on the Philippines and Vietnam has brought financial freedom and credit to previously underserved markets, where they are now seeing as much as 50 percent of users reporting increases in savings, health, and overall satisfaction.
In this episode, Jaime and the host Rahil Rangwala, Managing Partner of Accion Venture Lab, talk about Jaime’s experience growing Advance over the last four years and unpack the importance of nurturing the middle customer relationship in a B2B2C business model.
To learn more about Advance, visit their website. And learn more about Accion Venture Lab here.
