When was Advance founded?

Advance was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Advance located?

Advance is headquartered in Taguig, Philippines.

Who is the current CEO of Advance?

Jaime de los Angeles of Advance. They have also founded 1 company.

How many employees does Advance have?

As of Aug 31, 2026, the latest employee count at Advance is 69.

Is Advance a funded company?

Advance is a funded company, having raised a total of $16M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 28, 2020.

When was the latest funding round of Advance?

Advance's latest funding was a $***** Seed round on Mar 29, 2023, with participation from 11 investors. Its primary sector is Digital Lending. In Philippines, the Digital Lending sector has seen $248M in funding in 2026 to date.

Where does Advance rank among its competitors?

Advance ranks 1st amongst 3 active competitors, of which 2 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Advance, which secured $16M in Mar, 2023.

Who are the top competitors of Advance?

Advance's top competitors include Symmetrical, QLO and GoAdvance. Among them, Advance secured the most recent funding round in March, 2023.

Advance - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of salary advance solution for employees. It provides users with payroll deduction loans and earned wage access as well as an instant pay facility to their customers. It also allows users to apply for salary advances with low interest and funds are credited to the payroll account.

Website: advance.ph
Email ID: *****@advance.ph

Key Metrics

Founded Year

2019

Location

Taguig, Philippines

Stage

Seed

Total Funding

$16M in 2 rounds

Latest Funding Round

Seed, Mar 29, 2023, $*****

Investors

Lendable & 12 more

Ranked

1^st among 3 active competitors

Employee Count

69 as on Aug 31, 2026

Similar Companies

Facio & 47 more

View Advance's full profile

Advance has raised a total funding of $16M over 2 rounds. Its first funding round was on May 28, 2020. Its latest funding round was a Seed round on Mar 29, 2023 for $*****. 11 investors participated in its latest round. Advance has 13 institutional investors.

Here is the list of recent funding rounds of Advance:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 29, 2023	7734655	Seed	3489593	6666070	4171509	5224890
May 28, 2020	5364800	Seed	7085302	5287096	Next Billion Ventures	Wavemaker Partners & 2 more

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View details of Advance's funding rounds and investors

The founders of Advance are Jaime de los Angeles and Addi Guevara. Jaime de los Angeles is the CEO of Advance.

Here are the details of Advance's key team members:

Jaime de los Angeles: Co-Founder & CEO of Advance.
Contact Info: 1 email address
Addi Guevara: Co-Founder of Advance.
Contact Info: 1 email address

View details of Advance's Founder profiles and Board Members

Advance's employee count trend

Advance has 69 employees as of Aug 26. Here is Advance's employee count trend over the years:

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Top competitors of Advance include Symmetrical, QLO and GoAdvance. Here is the list of Top 10 competitors of Advance, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Advance 2019, Taguig (Philippines), Seed	Provider of salary advance solution for employees	$16M	Utopian, Next Billion Ventures & 11 others	45/100
2nd	Symmetrical 2018, London (United Kingdom), Series A	Online platform for employers to provide financial benefits	$26.3M	Global Founders Capital, Target Global & 14 others	42/100
3rd	QLO Taguig (Philippines), Unfunded	Online marketplace for payday loans through employers	-	-	25/100
4th	GoAdvance 2018, Makati (Philippines), Deadpooled	Salary advance solution	-	-	15/100