Cebuana Lhuillier is marking a significant milestone in its journey of business diversification with a strategic investment in On-Us Solutions, Inc. (Byahe), a trailblazing company in the transport sector. Specializing in modern, electric jeepneys, Byahe is revolutionizing public transportation in Metro Manila and neighboring cities, and Cebuana Lhuillier’s investment cements its position in this rapidly evolving industry.
Filipino-led blockchain and digital asset platform, Satoshi Citadel Industries (SCI) Ventures Inc., and Kakao Investment, virtual currency arm of Kakao Talk, Korea's largest messaging app, announced an investment from P.J. Lhuillier, Inc. (PJLI), parent company of Cebuana Lhuillier, the largest non-bank financial services provider in the Philippines with 2,500 branches nationwide. The company has invested an undisclosed amount to acquire a stake in the local fintech firm as part of its bid to enter the digital financial services market.