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Digido Review: SEC Revoked Its Licenses - What Borrowers Do

Contents

Digido is a Philippine loan app operated by Digido Finance Corp., and the Securities and Exchange Commission (SEC) revoked the company's licenses in 2025. The regulator then issued a final cease-and-desist order and a ₱600,000 fine in March 2026, for continuing to operate after the revocation. The company's platforms are also absent from the SEC list of recorded online lending platforms dated January 26, 2026. Those facts frame everything below. We checked the records on September 16, 2026: what happened, what a revoked license means for your money, and what to do if you already owe Digido, UnaPay, or UnaCash.

What we verified: Digido at a glance

The table separates what the regulator put on record from what legacy pages still claim. Checked September 16, 2026.

Item What we found Source
Operator Digido Finance Corp., a financing company; brands Digido, UnaPay, and UnaCash SEC enforcement records
License status Licenses revoked in 2025 SEC press release, cited by fintechphil.com, November 18, 2025
Ground for revocation Four branches operating without a Certificate of Authority, a violation of RA 8556 SEC press release via fintechphil.com
Follow-up action Final cease-and-desist order and a ₱600,000 fine, March 2026, for operating after the revocation respicio.ph, March 31, 2026
Platform record Absent from the recorded online lending platforms list dated January 26, 2026 SEC list reprint, newspress.ph, February 6, 2026
The stale record The official financing-companies registry still displays Digido with CA 1272; the page has not been updated registry check, September 16, 2026
Loan terms on this page None. We do not review the offers of a lender whose licenses were revoked editorial policy

One note on scope. Store availability changes weekly and says little next to the enforcement record, so this page tracks the registry and the orders. Install nothing before reading the sections below.

What happened to Digido: the timeline

The short version: a licensed financing company branched out past its certificate, lost the license, kept running, and got fined for it.

  1. A financing company with extra branches. Digido Finance Corp. operated as a financing company, with the brands Digido, UnaPay, and UnaCash across its platforms. Financing companies in the Philippines work under RA 8556, which requires a Certificate of Authority for the business and its branches.
  2. 2025: the revocation. The SEC revoked the company's licenses. The stated ground: four branches were operating without their own Certificate of Authority, in violation of RA 8556. The revocation was published in an SEC press release, cited by fintechphil.com on November 18, 2025.
  3. March 2026: the final order and the fine. The company did not stop. The SEC answered with a final cease-and-desist order and a ₱600,000 penalty for continuing to operate after the revocation. Coverage of the action is dated March 31, 2026.
  4. September 16, 2026: the record today. Digido Finance Corp. does not appear in the SEC's list of recorded online lending platforms dated January 26, 2026. We found no public record that the revocation or the order was lifted.

One clarification keeps readers from a common trap. Digido does not sit in the 2025–2026 waves of "unregistered lending apps" advisories, and it does not need to. A revocation plus a final order plus a fine is a heavier paper trail than any wave mention. Same destination, stronger paperwork.

What a revoked license means for a borrower

A license revocation is the SEC pulling a company's permission to exist as a lender. The company itself argued otherwise with its actions, which is where the cease-and-desist order and the fine came in. For a borrower, each piece means something specific.

The revocation removes the legal basis for lending. RA 8556 requires financing companies to hold a Certificate of Authority, and the SEC had certified that four Digido branches lacked one. After a revocation, any lending that continues happens outside the regulator's oversight.

The cease-and-desist order is the stop sign. It is a directive to halt the activity, and the word "final" in the enforcement record means the company had already been through the process that precedes it. The ₱600,000 fine was priced for one specific behavior: operating after the revocation.

The missing platform record closes the last door. Under MC 19, series of 2019, every online lending platform must be recorded, and the SEC publishes the roster. The January 26, 2026 release covers 117 companies and roughly 178 platforms. Digido is not in it, so there is no regulator-verified chain between any app wearing the brand and any licensed lender.

The registry page that still says Digido is fine

Here is the part that will confuse you if you verify things yourself, as you should. The SEC's public registry of financing companies still displays Digido Finance Corp. with CA 1272. That is the same registry we send readers to for active lenders, and for Digido it is out of date.

We printed the enforcement record, not the stale extract, and the reasoning is worth borrowing. A registry extract is a snapshot; enforcement actions are dated events. The revocation came with a press release. The final order and the fine came months later, after the snapshot. When a dated official action contradicts an undated page, the action wins. Then you confirm by hand: run the company name through the Check With SEC verifier, or call the 1-4SEC hotline, and ask about the revocation directly.

The practical rule for any lender page, ours included: check the date on every status claim. A badge without a date is a decoration.

You already owe Digido, UnaPay or UnaCash

First, the honest part. We are a comparison site, not a law firm, and nothing below is legal advice. Nobody should promise that a debt disappears because a lender lost its licenses. Here is what you can do.

  1. Document everything now. Save the loan agreement, the disclosure screens, receipts for every payment, and chat logs with collectors. Screenshots are your record if terms are ever disputed.
  2. Pay only through documented channels. If you repay, use the routes written in your contract, and keep every receipt. Never send money to personal accounts, and ignore "new payment lines" that arrive by SMS.
  3. If collectors pressure you, log it and complain. Threats, public shaming, and messages to your contacts match the practices the SEC acts against. Save the messages with dates, then use our guides on borrower rights and loan app harassment to reach the right agency.
  4. Do not assume the debt is void. Revocations and orders stop a company from operating; they do not automatically erase existing obligations. What the enforcement means for your specific loan is a question for the SEC and, if needed, a lawyer.

Paper first, payments traceable, complaints filed. That is the whole playbook, and it is the same one we give borrowers of any sanctioned lender.

Safer starting points: two SEC-registered alternatives

Looking for a loan instead? Redirect the search to lenders the registry can see. Each option below holds a current SEC license and appears in our SEC registered lending apps list.

Before you commit to any offer, run it through our loan calculator. And if you want to see how companies end up on the wrong side of the registry, our delisted lending companies page tracks the full pattern.

Frequently asked questions

Is Digido SEC registered?

No longer. The SEC revoked Digido Finance Corp.'s licenses in 2025 because four branches operated without a Certificate of Authority, and a final cease-and-desist order with a ₱600,000 fine followed in March 2026. The platforms are absent from the recorded online lending platforms list dated January 26, 2026. Verified September 16, 2026.

Is Digido legit ba or scam?

Treat it as unsafe. This is not an unregistered newcomer the SEC flagged in a wave; it is a company whose licenses the SEC revoked, then fined ₱600,000 for continuing to operate. Whatever the app or ads claim, the regulator's record says otherwise.

Can I still borrow from Digido or UnaCash?

The brands may still be reachable online, and that is the problem. There is no regulator-verified link between those apps and any licensed lender, and the SEC has ordered the operator to stop. We do not link to any of them.

I have an unpaid Digido loan, what now?

Keep screenshots of the agreement and every payment, repay only through the channels written in your contract, and never send money to personal accounts or SMS-only numbers. If collectors threaten or shame you, save the evidence and complain to the SEC or the National Privacy Commission. Nobody can promise the debt is void; that is a question for regulators and lawyers.

Why does the SEC registry still list Digido?

The public financing-companies registry still shows an old Digido record with CA 1272, because the extract has not been refreshed. The newer dated enforcement actions, the 2025 revocation and the March 2026 final order, supersede the stale snapshot. Confirm by hand through Check With SEC or the 1-4SEC hotline.

The verdict on this lender

Legit ba? The SEC answered in 2025, and again with a fine in March 2026. Borrow from lenders the registry can still see.

Sources and verification

Registry and enforcement facts checked September 16, 2026. Brand domains are named as facts and intentionally not hyperlinked: we do not send readers to this lender.