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Cashwagon was founded in 2017. With headquarters in Singapore, the company has operations in five countries – Indonesia, Vietnam, Philippines, Sri Lanka and Malaysia. Cashwagon believes that their digital products and services are better positioned to meet the needs of their customers – 80% of Southeast Asia’s population that is underserved by traditional financial services. The platform uses innovative methods to enable online short-term loans without collateral requirements, complex approval procedures, or prolonged delays. The result is a credit application and payout process that takes just minutes. All lending activities by Cashwagon in the Philippines are performed by Green Money Tree Lending Corp., a company duly incorporated, registered and licensed by the local authority as a lending company under the laws of the Philippines. Certificate of Authority No. 2343. All loans in Indonesia listed on Mintos Marketplace by Cashwagon are issued by Peerman Pte. Ltd., a company duly incorporated and registered under the laws of Singapore. Peerman Pte. Ltd. acts as a lender to individual borrowers on the online peer-to-peer lending platform operated by Cashwagon. All Vietnamese loans listed on the Mintos Marketplace by Cashwagon are issued by Lendtech Co., Ltd, a company duly incorporated and registered under the laws of Vietnam. Lendtech Co., Ltd, acts as a lender to individual borrowers on the online peer-to-peer lending platform operated by Cashwagon. Cashwagon Pte Ltd provides a group guarantee to secure the buyback execution for loans offered to Mintos investors. On June 8 and June 10 2020, CashWagon Vietnam and CashWagon Philippines and Indonesia were suspended from the Primary and Secondary Markets due to news that the authorities in Vietnam are investigating operations of Cashwagon and in the meantime have frozen the company’s accounts, as per the procedure of the investigation situation in Vietnam.