Umbrella - Instant access to cash

Umbrella is designed to give quick and easy access to affordable financial services. Starting with short-term loans with minimal documentation. Umbrella does not require bank account or references. Our algorithm is built on the fact the people are good

On approval, you can get a pre-approved credit of up to PHP4,000 instantly

You are 3 steps away from having cash in your hands:
1. Chose the amount you need based on your pre-approved credit
2. Tell us in how many weeks you would like to pay back between 3 to 6 weeks
3. Check the loan calculation details (inside the app) and hit confirm and you will be set

We believe in transparency of how it all works. So, here’s how Umbrella loan calculations work:
• Your repayment doesn’t start until 14 days from collecting the cash
• Service fee applicable depending on how much you take, to cover that duration
• No interest charged on the service fee
• Interest rates vary depending on the loan value and the repayment duration you chose
• On non-payment of weekly instalment a small penalty of the outstanding amount will be charged
• Two continuous attempts of non-payment of weekly dues will result in account being blocked

One-time documentation requirements:
• Any valid ID issued by the Government of Philippines
• A 7-sec selfie video
• Document showing your address proof

Umbrella requires you to be 21 years old or above