PH Digest: CSC buys stake in Citystate Savings Bank; The Rise Fund invests in BillEase

PH Digest: CSC buys stake in Citystate Savings Bank; The Rise Fund invests in BillEase

Manila, Philippines. Photo by JC Gellidon on Unsplash.

CSC Holdings, a Hong Kong-listed financial services firm, has acquired a 26.8% stake in the Philippines lender Citystate Savings Bank, while the Philippine-based BNPL and consumer finance startup BillEase has secured investment from TPG’s The Rise Fund.

Edited by: Pramod Mathew