Mastercard and FinVolution Launch Luvit Card to Boost Financial Inclusion in Philippines

Key Facts

1Mastercard and FinVolution Group launched the Luvit Card to expand digital credit access in the Philippines.

2The card offers installment-based credit to consumers who may lack access to traditional banking services.

3The card is available in both virtual and physical formats and is integrated into the Luvit app.

Mastercard and FinVolution Group have officially launched the Luvit Card, a strategic initiative designed to expand digital credit access across the Philippines. The card offers installment-based credit solutions specifically tailored for consumers who lack access to traditional banking services. Available in both virtual and physical formats, the card is seamlessly integrated into the Luvit app to streamline purchasing power. This partnership leverages Mastercard's extensive global merchant network alongside FinVolution's robust digital platform. Analysts expect this move to drive transaction volumes and credit originations in a high-growth emerging market. The collaboration underscores a shared commitment to bridging the credit gap through innovative fintech solutions.