Trusting Social Uses AI and Telco Data for Financial Inclusion in the Philippines

While the Philippines has made progress in financial inclusion, a significant portion of the population remains underserved. According to the World Bank’s 2025 Global Findex, only 50.2% of Filipino adults had a financial account in 2024.

Fintech AI company Trusting Social is addressing this gap by providing alternative credit scoring to help lenders reach the country’s underbanked population.

The Vietnam-based company utilises an AI-driven platform that analyses masked, anonymised, and aggregated telco data to assess an individual’s creditworthiness.

Filipinos who lack a formal banking history, including those in remote provinces, can now access formal credit. Lenders are able to offer these loans by using this alternative to traditional scoring.

The company states its platform enables over a million borrowers monthly and facilitates around USD $500 million in unsecured loans.

The CEO founded the company specifically to address what he identifies as a core weakness in traditional finance.

“The traditional banking system was inherently blind to hundreds of millions of deserving individuals lacking financial history—that’s the fundamental flaw Trusting Social was built to fix,” shared Nguyen Nguyen, Founder and CEO of Trusting Social.

In the Philippines, Trusting Social partners with over 50 financial institutions, from major commercial banks to start-up lenders.

Johnny Escaler, CEO of Trusting Social Philippines, said the company’s work is driven by the belief “that advanced data science can help bridge the financial inclusion divide in the country”.

Featured image by rawpixel.com via Freepik.