Ventaja is a fintech with a remittance license from the Philippines. The company's websites and payment platforms bridge the gap between Filipino and Indian migrant workers, and the institutions or merchants that serve them.
The company started in 2004 as a PEZA-registered IT company to develop platforms that sell prepaid cards from the Philippines to Filipino migrant workers based overseas.
In 2007, Ventaja expanded its services to collecting SSS contributions and loan payments from OFWs—another first.
In 2009 and 2011, Ventaja started accepting payments for Pag-IBIG and Philhealth, respectively. Today, Ventaja is the Philippine government’s largest collection partner overseas.
In 2015, Ventaja launched Payremit, a payment gateway so migrant workers can shop online and pay with cash at remittance centers. Payremit’s largest merchant is Cebu Pacific Air.
In 2018, Ventaja launched Payremit Shop, an online store where migrant workers can purchase appliances and gadgets for their loved ones. In 2019, Payremit Shop began to serve Indians in the Middle East. Then in 2020, Ventaja opened an office in Cochin, India.
Ventaja’s partner agents include top Philippine banks and remittance companies across the world.
Ventaja is part of the Advantage Group.