Hupan Lending Technology Inc. is a Philippine lending company registered under SEC Registration No. CS201901197. Its Certificate of Authority is No. 2879.
The company previously operated or was associated with several online lending platforms, including CashMe and SukiLoan.
On 13 May 2025, the Financing and Lending Companies Department of the Philippine SEC issued a cease-and-desist order against Hupan Lending Technology Inc.
The company was ordered to stop online lending operations through the following platforms:
The main issue involved the operation of Magic Peso, which had not been registered with the SEC as an authorised online lending platform.
The SEC found that Magic Peso continued operating despite the moratorium on the registration of new online lending platforms introduced under SEC Memorandum Circular No. 10, Series of 2021.
The regulator stated that the order was necessary to prevent fraud, financial loss, and possible harm to financial consumers.
The cease-and-desist order was applied not only to the unregistered Magic Peso platform but also to the other online platforms associated with the company, including CashMe, SukiLoan, Pesopoly, and Loan Tayo.
The SEC order should not automatically be interpreted as the dissolution of Hupan Lending Technology Inc. as a legal entity. The available regulatory information confirms the suspension of online lending activities through the listed platforms, but it does not necessarily mean that the company’s corporate registration has been cancelled.
No confirmed information that the cease-and-desist order had been lifted was found during the latest review. The listed applications should therefore not be presented as active and authorised online lending platforms.
Correct current status:
Online lending operations through Magic Peso, CashMe, SukiLoan, Pesopoly, and Loan Tayo were stopped under an SEC cease-and-desist order dated 13 May 2025. The main reason was the operation of the unregistered Magic Peso platform in violation of the SEC moratorium on new online lending platforms.
Yes, the Hupan Lending Technology Inc. is legit. It registered with the Securities and Exchange Commission (SEC), with Registration No. CS201901197 and Certificate of Authority No. 2879. To verify this information, you may also visit the official SEC website.
If you want to file a complaint against "Hupan Lending Technology Inc.", you may leave a review or contact the SEC by email at [email protected] or by calling the SEC Call Center at 02-5322-7696.
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