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Advance
A private, family-owned business that owns, operates, and invests in companies spanning media
About Advance
Advance is a Philippine-based company founded in 2019 by Jaime de los Angeles, Addi Guevara, and Stef Lim that provides on-demand access to salaries for employees.
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The company partners with businesses to offer their employees access to their earned wages before the scheduled payday, aiming to improve financial wellness and reduce the need for high-interest loans. Advance's platform integrates with a company's existing payroll system, allowing for a seamless and automated process for salary advances.
For businesses, Advance offers a way to enhance employee benefits without impacting their own cash flow, as the service is provided directly to the employees. The business model is based on a transaction fee for each salary advance, which is paid by the employee. In addition to on-demand salary access, Advance also provides credit solutions for businesses to help them manage their working capital and bridge financial gaps.
At a glance
- Founded
- 2018
- Headquarters
- Makati, Philippines
- Sector
- Fintech
- Power Law
- Colt$25–100M revenue
Latest news
Press, funding announcements and product moves mentioning Advance.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Next Billion Capital Partners
Wavemaker Partners
Series A9 investors entered at this stage
Do Ventures
Kaya Founders
Integra Partners
Foxmont Capital Partners
Accion
Lendable
Cross Ocean Ventures
Oyster Ventures
Phoenix Holdings
Series B and later1 investor entered at this stage
- GAGoogle for Startups Accelerator
Source: Dealroom Talent Intelligence.
Global footprint
team presence
across markets
Market sentiment
An AI-synthesised read of the highest-engagement posts about Advance on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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