Have Some Questions?


How Does FundKo work?

FundKo is an online peer-to-peer platform which serves as an intermediary between borrowers who want to avail of a loan, and investors who want to earn potential high returns for their money.


How Does FundKo make money?

FundKo makes money from platform service fees from both the borrower in the origination of the loan, and from the lender in the repayment of the loan.


How do I pick which loans to invest?

Borrowers are assessed by credit checks and rated according to risk. The higher the risk, the higher the interest rate the loan carries.


Am I investing in the loan of a single borrower?

To mitigate risk, lenders are not allowed to invest 100% of their money on a single loan. Instead, they need to diversify across several loans. A maximum threshold of 20% of their money can only be invested in a single borrower.


How often do I get payments and when do I get all of my money back?

Lenders get monthly payments based on the loan repayment schedule of the borrower. Lenders get all of their money plus interest back at the end of the term of the loan, provided the borrower does not default.


What is the yield reflected on the Marketplace?

The yield reflected for each loan in the marketplace is the effective yield to the lender after deducting all charges and fees, including FundKo platform fees.


I placed an order and some money was returned to my account. Why?

As various lenders pledge their money to available loans in the platform, there may be times that the order you placed has been filled up by another lender. In this case, the money you placed in that particular loan will be returned to your platform wallet. There may be occasions when the loan is not fully funded. As such, the loan will be withdrawn from the market and the money that you have pledged will be returned to your wallet.


How do I withdraw money?

Withdrawal of money will be serviced in the platform. Credit to the lender’s bank account will be done within 2 banking days.



Why do some borrowers default on their loans?

Borrowers have different reasons for defaulting which includes financial constraints due to emergencies, etc.


What happens when a borrower defaults?

When a borrower defaults after 3 consecutive non-payments, FundKo will exert all its effort to collect from the borrower, which include engaging the services of a lawyer and foreclosure of collateral, then remitting recovered assets back to the lender's accounts.


How do we measure returns?

For your convenience, FundKo will provide the rate of return for your investment which can be viewed in your dashboard.


What can I do to improve my returns?

Diversify your investment by making multiple placements across various high and low risk loans.


How is this taxed?

FundKo will not withhold tax on lender’s revenue. Instead, it is the responsibility of the lender to remit their withholding taxes to BIR for the revenue generated through our platform.


Is my money insured?

Lender’s money is not insured.


Is your company registered?

Yes, it is registered at SEC as Fintechnology, Inc.


Where is the location of your office?

Our office is located at the 3rd Floor, Guevent Building, #52 Domingo Guevara St. corner Calbayog, Brgy. Mauway, Mandaluyong City


What are your contact details?

We can be contacted at 5319185 loc. 58 or email at [email protected]


How Does FundKo work?

FundKo is an online peer-to-peer platform which serves as an intermediary between borrowers who want to avail of a loan, and investors who want to earn potential high returns for their money.


How Does FundKo make money?

FundKo makes money from platform service fees from both the borrower in the origination of the loan, and from the lender in the repayment of the loan.


Who are the borrowers and why do they choose FundKo?

Borrowers can either be individuals or small and medium sized enterprises. Borrowers choose FundKo because it offers an easy online application and attractive rates.


How are the borrowers screened for quality?

Borrowers will undergo a credit investigation including but not limited to the documentary requirements submitted.


How does FundKo set interest rates?

FundKo uses a credit score algorithm which puts a credit rating to each of the borrowers based on some criteria such as but not limited to debt burden ratio, collateral, co-maker, home ownership, length of residency, and employment status. A more dependable borrower will usually have a lower interest rate.


Am I a qualified borrower?

A qualified borrower is someone with a stable source of income who has a good moral character, and is aware of his/her financial obligations.


How do I apply for a loan?

1. Go to our site, fundko.com.

2. Register a new account by putting in your full name, email address, and preferred password.

3. A confirmation email will be sent to your email address. Please check your email to make sure you've done it successfully.

4. Once your account has been activated, kindly click this link: www.fundko.com/application/fundko and fill out the necessary information.

5. FundKo will send you a text message stating your Loan ID and secret code (please keep this for identity verification purposes) if your application is successful.


What is this text message? What will I do with this?

The text message will indicate your Loan ID and secret code that will be used when FundKo will verify your identity.


Why am I receiving another code?

If you receive another code through a text message from FundKo, it means that you updated your loan information and/or uploaded document/s.


What is the process for loan application?

After a borrower has successfully filled-up the loan application form and uploaded all requirements, he/she will undergo credit investigation. Once loan is approved, it will be posted in our marketplace for lenders to fund.


How do I claim the loan proceeds if my loan got approved?

FundKo releases check for approved loans.


How do I check the status of my loan?

Please sign-in to your account, go to borrower dashboard, and proceed to Loan Application Status Tracker to check your loan status. If it is pending, it is possible that you missed to submit some documents.


What are the types of loans that you offer?

We offer personal loans, salary loans, working student loans, maternity loans, credit card refinancing and SME business loans.


What are the tenors of the loan?

PRODUCT TYPE LOAN AMOUNT LOAN TERM
PERSONAL 10K-200K 3 MONTHS, 6 MONTHS, 9 MONTHS, 12 MONTHS
MATERNITY 20K AND 50K 12 MONTHS
CASHBACK 50K-400K 12 MONTHS
BUSINESS 10K-1.5 M 3 MONTHS, 6 MONTHS, 9 MONTHS, 12 MONTHS
WORKING STUDENT 20K-50K 3 MONTHS AND 6 MONTHS


What are the requirements for personal and salary loans?

  • 2 Photo Issued ID (1 Government and 1 Company ID)
  • 2 Latest Proof of Billing
  • 2 months Latest Payslip
  • 3 Months Latest Bank Statement
  • Latest Certificate of Employment
  • Marriage Contract (if Married)

What are the requirements for SME loans?

  • Online Application Form
  • Business Permit (Mayor/ Brgy.)
  • DTI Certificate (if Single Proprietor)
  • SEC Registration
  • Articles of Inc. and By-Laws
  • Board Resolution to borrow with Secretary Certificate for authorization to borrow and authorized signatories of corporation (if corporation)
  • 6 months latest bank statements (Current Account)
  • Picture of Business
  • Audited Financial Statements 3 months sales invoice
  • *Business Should be Operating for at least 3 years

What if the proof of billing is not under my name?

Kindly provide any document that will testify your relationship to the name indicated in the bill. If it's under your parents, you may provide NSO Birth Certificate. If it's under your landlord, you may provide the lease contract.


Where do I send the documents?

You need to upload it in our platform. There are two ways:

  • Go to fundko.com/application/fundko. Enter your registered email address and secret code which was sent to your registered mobile phone and click 'Update Existing Loan'.
  • Kindly log-in to your account and on the dashboard side, click the 3 horizontal lines on the upper left corner of our page and choose "Manage Documents".
  • If you cannot find it, please go to the "Dashboard" section, click the ''Go to Borrower', choose the "Leave" option, then click the 3 horizontal lines on the upper left corner of our page and choose "Manage Documents".

Can I go to your office and submit the requirements?

Submission of all requirements are only through online. Please check the FAQ for uploading documents for more details.


What is your interest rate?

For Personal Loans, our interest rates range from 12% to 35%. For SME loans, our interest rate ranges from 10% to 24%.


Is co maker or collateral required?

Both are not required but highly recommended. If you have co maker or collateral, it may lower your interest rates.


What are the requirements if I have a co maker?

  • 2 Photo Issued ID (1 Government and Company ID)
  • 1 Proof of Billing
  • Source of Income (2-month Latest Payslips)

What are the requirements if I have a collateral?

  • We require borrowers to present the applicable document/s: OR/CR, CCT, TCT.

What if I don’t have a bank statement?

You may request for bank statements from your respective bank. Also, if your online banking is enabled, we accept screen shots of your latest 3-month transactions.


How do I update my loan information and/or documents?

  • Information

Yes, you may. Simply go to https://fundko.com/application/fundko . Enter your registered email address and secret code which was sent to your registered mobile phone and click 'Update Existing Loan'.

  • Documents
  • You need to upload it in our platform. There are two ways:

    • Go to https://fundko.com/application/fundko. your registered email address and secret code which was sent to your registered mobile phone and click 'Update Existing Loan'.
    • Kindly log-in to your account and on the dashboard side, click the 3 horizontal lines on the upper left corner of our page and choose "Manage Documents".
    • If you cannot find it, please go to the "Dashboard" section, click the ''Go to Borrower', choose the "Leave" option, then click the 3 horizontal lines on the upper left corner of our page and choose "Manage Documents".


Is your company registered?

Yes, it is registered at SEC as Fintechnology, Inc.


Where is the location of your office?

Our office is located Unit 2002, Antel Global Corporate Center, Julia Vargas, San Antonio, Ortigas Center, Pasig City.


What are your contact details?

We can be contacted at 5319185 loc. 58 or email at [email protected]


What are the fees being charged if I apply for a loan? Are there hidden charges?

You will only be charged 5% of the loan amount. This is our processing fees for using the platform. Your premium for the credit life insurance* is also applied upfront. There are no hidden charges.
*a minimal fee computed based on size of loan amount and length of payment term


How and when do I repay my loans?

We only have postdated checks as method to pay a loan. We are still working on other payment options. Repayment of a loan are done monthly.


If I pay early, will I get rebates?

There will be no rebates if you pay early. But if you are a good payer based on your previous loans with us, your interest rate for your next loan may be lowered down.