BPI would implement Veefin's end-to-end supply chain finance platform to enhance its digital SCF services for corporate clients and their supplier networks.

The platform will allow seamless digitization of supplier finance, receivables finance, and extended vendor financing, improving liquidity across supply chains, optimizing cash flows, and strengthening resilience for all stakeholders.

Veefin offers banks and financial institutions a single, API-driven platform for supply chain finance, transaction banking, and digital lending across different geographies. The company continues to scale its global presence in response to increasing demand for digitized working-capital finance solutions.

The Bank of the Philippine Islands is one of the Philippines’ largest and most established financial institutions, with a robust footprint across retail, corporate, and institutional banking.

"This partnership marks a definitive stride in Veefin's international expansion roadmap and reinforces the increasing global significance of its Deep Tier Finance model.

Implementation in the Philippines is foreseen to act as a strong reference for Veefin's further regional expansion in Southeast Asia, as well as other international markets,” Veefin Solutions said in a statement.

Veefin Group addresses every aspect of optimising working capital, by offering solutions across end-to end digital supply chain finance, digital identity verification and automated financial statement analysis, debt securitization, cash management, trade finance, automated accounts receivable (AR) & accounts payable (AP) and software consulting and services by deploying innovative, agile & scalable technology.

The company’s consolidated net profit almost doubled to Rs 8.21 crore in H1 FY26 from Rs 4.13 crore recorded in H1 FY25. Net sales jumped to Rs 110 crore in H1 FY26 from Rs 19.09 crore registered in in H1 FY25.

The scrip had shed 0.12% to end at Rs 345.65 on the BSE on Friday.