MANILA, Philippines, Feb. 12, 2026 /PRNewswire/ -- The Asian Development Bank (ADB) and Fuse Financing Inc., the lending arm of GCash, are set to spur the growth of the Philippine micro, small, and medium enterprise (MSME) sector with a $30-million landmark loan program, a first-of-its-kind partnership in the Asean fintech landscape.
"This fintech partnership is the first-of-its kind for ADB in the Asean region and marks a significant step in advancing financial inclusion in the Philippines," said Isabel Chatterton, Director General, Private Sector Operations Department of Asian Development Bank.
There are 1.24 million registered business establishments as of 2024, over 99 percent of which are MSMEs. Yet, access to financing remains a key barrier. According to an ADB study, access to credit and capital ranks as the second most significant challenge for MSMEs, after access to markets. With the lack of access to reliable funding, some small businesses are forced to shut down operations in less than 12 months[1].
"This investment enables us to accelerate our support for women entrepreneurs and small businesses in underserved areas, sectors with immense potential to drive the country's long-term growth," Fuse Financing Inc. President and CEO Tony Isidro said.
"Our partnership with ADB strengthens our company's foundation for sustainable and inclusive growth. This underscores our commitment to supporting MSMEs' impact and scale," Mynt President and CEO Martha Sazon said.
The Mastercard Impact Fund, administered by the Mastercard Center for Inclusive Growth also extended funding to support Fuse in effectively reaching and serving the priority MSME segments.
This milestone partnership was witnessed by over 250 MSMEs at an event in Taguig City. 10 MSMEs nominated by the Department of Trade & Industry (DTI) were awarded capitalization support to help advance their business operations. "More than the scale of financing, what makes this partnership meaningful is its intent: to ensure that capital reaches entrepreneurs who are ready to grow but have long been underserved by traditional systems. By aligning public-sector priorities with private-sector innovation, this collaboration helps widen the path to formal, fair, and sustainable access to finance for MSMEs." DTI Secretary Ma. Cristina Roque said.
For more information, please visit www.gcash.com.
[1] Philippine Institute for Development Studies. Evaluation of the Sustainable Livelihood Program's Seed Capital Fund for Microenterprise Development. https://www.pids.gov.ph/publication/research-paper-series/evaluation-of-the-sustainable-livelihood-program-s-seed-capital-fund-for-microenterprise-development
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ADB grants PH fintech leader GCash with $30-M credit facility to expand loan access to MSMEs, women entrepreneurs, especially in high poverty areas
Multi-phase, multi-region rollout will deliver advanced AMD AI silicon and the open AMD ROCm software stack to frontier-model, enterprise, and sovereign AI customers across global markets
SINGAPORE, May 27, 2026 /PRNewswire/ -- OneQode, a global provider of mission-critical digital infrastructure, today announced a collaboration with AMD to deploy AMD Instinct™ GPUs, as well as announcing plans to deploy AMD Helios rack-scale solution as the platform foundation for OneQode's global AI infrastructure rollout.
OneQode plans a phased rollout anchored by AMD Instinct™ MI355X GPUs in initial deployments and incorporating AMD Helios solution in the future. The deployment will run on the open AMD ROCm™ software stack, giving customers a standards-based, vendor-neutral foundation for large-scale AI training and inference.
The announcement follows OneQode's recently announced 110MW AI infrastructure agreement with Bitzero in Norway, and reflects the company's broader strategy to deploy high-performance AI capacity across Europe and Asia-Pacific. It leverages their existing cloud and telecommunications footprint deployed across 5 continents over the last 7 years, and will also incorporate their unique low-latency, sovereignty-focused product offerings.
OneQode expects to support a range of high-performance AI workloads, powered by AMD AI solutions, including frontier-model training and inference, enterprise AI, and sovereign AI for governments, research institutions, and AI-first organisations.
"Demanding AI workloads require high-performance compute, scalable infrastructure and an open software ecosystem," said Negin Oliver, corporate vice president, Business Development for AI, AMD. "AMD Instinct GPUs and the unifying AMD ROCm open software stack are designed to help customers accelerate large-scale AI training and inference with the performance, efficiency and flexibility they need. We're pleased to work with OneQode as it expands access to AMD AI solutions for customers globally."
"AMD is shipping some of the most compelling AI hardware in the market," said Matthew Shearing, Founder and CEO of OneQode, "The challenge now is putting that silicon in the right places - close to the customers, sovereign workloads, and AI-first organisations that need it. That's what OneQode does. We've spent nearly a decade building performance infrastructure across Europe, Asia-Pacific, and the global south, serving the kinds of workloads where uptime, latency and sovereignty actually matter. We're aiming to be AMD's partner of choice for extending AMD Instinct silicon at scale into the regions that need it most."
"We're genuinely pumped to be working with AMD," said Joe Swinn, Head of Product at OneQode. "We've been deploying infrastructure at scale globally for seven years, including some blazing-fast AMD EPYC processor-based private cloud builds, and this is one we've been waiting for. The AMD Instinct MI355X is a serious piece of silicon, and AMD Helios is built for the kinds of AI workloads our customers actually want to run. The AMD team have been brilliant to deal with, and we can't wait to get this kit in front of customers."
About OneQode
OneQode is a global provider of performance digital infrastructure. With a vertically-integrated platform that spans cloud compute, low-latency networking and sovereign technology across over 30 datacentres in 5 continents, they enable enterprises, governments and performance-hungry businesses to run AI & mission-critical workloads at scale, across the globe. Learn more at oneqode.com.
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OneQode to Deploy AMD Instinct GPUs and Plans for AMD Helios Rack-Scale Solution for Global AI Infrastructure
