Mocasa is a Philippine fintech platform launched in 2021 and operated by Philippine Cashtrout Lending Corporation. It combines a digital wallet, a virtual Mastercard, and consumer financing services into a single ecosystem. The company also collaborates with Asia United Bank on its payment infrastructure, enabling customers to make payments online, in physical stores, and through QR codes.

Users can access a revolving credit line, take advantage of buy now, pay later (BNPL) services, or apply for short-term cash loans. The platform has more than 700,000 registered users. Credit limits are determined by an automated system that evaluates available customer and transaction data in real time and subsequently adjusts lending conditions based on repayment behavior.

The financed receivables are not secured by tangible assets, making data quality, portfolio turnover, and collection efficiency key factors in portfolio performance. Mocasa retains a 10% stake in the loans and provides a buyback guarantee for investments offered on Bondster. As a result, investors are exposed not only to the credit risk of Philippine borrowers but also to the capital strength and liquidity position of the loan originator.

The current yield offered on Bondster ranges from 11.5% to 12% p.a.