Left to right: Mark Billante, Head of Business Development (CFC); Jethro Peñamante, President (CFC); James To, President (SwiftPay); and Damian Gil, Chief Revenue Officer (SwiftPay)
Cycle Financing Corp. (CFC) has formalized a strategic partnership with SwiftPay, a leading digital payments solutions provider, through an agreement signed on April 30, 2026. The partnership marks a significant step in CFC’s ongoing efforts to modernize its loan servicing experience and extend accessible, secure payment options to its growing client base nationwide.
Under the agreement, SwiftPay will integrate its payment infrastructure into CFC’s digital ecosystem, enabling borrowers to settle their monthly amortizations online — without the need to visit a physical kiosk or payment center. The rollout of these online payment channels is expected to commence in the coming weeks.
“This partnership reflects our commitment to placing our clients at the center of everything we do. We want every CFC borrower — wherever they are in the Philippines — to have a fast, safe, and convenient way to pay their monthly amortization. With SwiftPay on board, we are one step closer to making that a reality.”
-Jethro Peñamante, President, Cycle Financing Corp.
The upcoming online payment facility will support three primary channels, giving clients the flexibility to choose the method most convenient for them:
- QRPH – BSP-standardized QR code payments accepted across participating banks and e-wallets
- E-Wallets – Pay directly via major Philippine e-wallet platforms for instant, hassle-free transactions
- Debit Card – Linked ATM or debit cards accepted for straightforward account-to-account settlement
The integration addresses a key pain point for CFC’s clientele — many of whom are based in provincial areas where access to physical payment centers may be limited. By meeting borrowers on the digital platforms they already use, CFC and SwiftPay aim to reduce missed payments, cut transaction friction, and improve overall loan health across the portfolio.
SwiftPay’s platform is built on bank-grade encryption and complies with applicable Bangko Sentral ng Pilipinas (BSP) regulations, ensuring that every transaction processed through the new channels is protected end-to-end. Clients will receive confirmation of each payment in real time, reducing uncertainty and the risk of disputes.
The signing ceremony was attended by key representatives from both organizations, including: Jethro Peñamante, President (CFC); Mark Billante, Head of Business Development (CFC); James To, President (SwiftPay); Damian Gil, Chief Revenue Officer (SwiftPay), and; Mike Valera, Sales Director (SwiftPay).
“Cycle Financing stood out to us because they are not only improving collections, but are rethinking the repayment experience from the borrower’s perspective. Their willingness to adopt more flexible, digital-first payment workflows reflects a forward-looking approach to financing that is practical, customer-centered, and built for scale. We’re excited to support that vision and be a committed partner to Cycle Financing as they make financing more accessible to more Filipinos across the country.”
-Damian Gil, Chief Revenue Officer, SwiftPay
CFC will communicate the official launch date and step-by-step payment instructions to all existing borrowers through its official channels, including branch announcements and the CFC Facebook page. Clients are encouraged to stay tuned for further updates.
Mark strives to combine creative thinking and a deep understanding of technology to solve real-world challenges. He leads business development at Cycle Financing Corp., a financial institution focused on expanding financial access to Filipino motorcycle riders nationwide. Learn more about their flexible financing programs at cyclefinancing.ph or through their social media channels.
