Los Angeles, United States, July 16th, 2026, FinanceWire

Proven on US$20M in Philippine SME loans with a sub-3% NPL rate, Jia’s AI underwriting infrastructure Ossicone is now available for banks, cooperatives and lending companies to deploy under their own brand 

Jia, a financial platform serving businesses across emerging markets, today announced a landmark partnership with Netbank, a bank regulated by the Bangko Sentral ng Pilipinas, marking the first time Jia has opened its lending infrastructure to an outside institution. As part of the partnership, Netbank has extended Jia a $2 million credit facility, Jia’s first institutional credit facility in the Philippines, to fund working capital loans for up to 500 SMEs over the next 12 months, and is powering Jia Accounts, a new business banking product for Philippine SMEs that lets borrowers receive funds and manage repayments in a single regulated flow

The partnership is the latest milestone in Jia’s expansion from lender to platform. Since 2022, Jia has originated more than US$20 million in SME loans in the Philippines with a non-performing loan rate below 3% and zero write-offs, against an industry average of 10% to 15%. That track record was built lending to the businesses most institutions overlook such as retailers, distributors, and inventory-heavy companies with proven order flow and a history of repayment, underserved not by their own performance but by the limitations of conventional credit assessment.

At the center of Jia’s infrastructure is Ossicone, its proprietary AI underwriting engine. Ossicone reads the documents that define how emerging market businesses actually operate – purchase orders, supplier invoices, delivery receipts – and returns a credit decision in under 30 minutes at 97% accuracy. No public training set exists for how Philippine SMEs trade, pay, and borrow. Jia has spent three years building one, sharpened by every loan on its book. With Jia Accounts now live, real-time cashflow data feeds directly into Ossicone’s models, compounding its accuracy over time.

SMEs across emerging markets face an estimated US$8 trillion credit gap that legacy banks are structurally unable to close. Jia is now making the infrastructure it built and proved on its own balance sheet available to the banks, cooperatives, and lending companies that want to close it. Through Ossicone via API and a white-label product, any financial institution can deploy Jia’s accounts, underwriting, and capital connectivity under its own brand, without rebuilding core infrastructure. Netbank is the first institution to build on that infrastructure — pairing the banking rails behind Jia Accounts with Ossicone-powered underwriting — validating a model Jia is now extending to banks, cooperatives, and lending companies across the region.

“Every emerging market has thousands of businesses growing fast, paying on time, and waiting for a bank that can see them clearly,” said Zach Marks, CEO of Jia. “We spent three years building the infrastructure to do that and proving it on our own balance sheet. Now we’re opening it to other institutions, because the opportunity is too large for any one lender to capture alone.”

“There is no public dataset for Philippine SME financial documents. That’s the moat,” said Krizanne Ty, President and Country Head at Jia Philippines. “Every loan has sharpened Ossicone’s accuracy, and now that businesses bank with Jia, their live cashflow feeds directly into the models — making them better for every SME on our book and every institution building on our platform.”

Financial institutions interested in deploying Jia’s infrastructure can reach the team at partners@jia.xyz. 

About Jia

Jia is the financial operating system for emerging market businesses, combining business banking, AI-powered underwriting, and capital connectivity in a single platform. Validated on its own live loan book in the Philippines since 2022, Jia now makes the same infrastructure available for banks, cooperatives, and lending companies to deploy under their own brand. Jia is led by a team that has scaled fintech businesses and managed more than US$10 billion in assets across emerging markets, and is backed by leading global fintech investors. Users can learn more at jia.xyz.

Contact

Partner
Maggie Philbin
VSC for Jia
press@jia.xyz

Los Angeles, United States, July 16th, 2026, FinanceWire

Proven on US$20M in Philippine SME loans with a sub-3% NPL rate, Jia’s AI underwriting infrastructure Ossicone is now available for banks, cooperatives and lending companies to deploy under their own brand 

Jia, a financial platform serving businesses across emerging markets, today announced a landmark partnership with Netbank, a bank regulated by the Bangko Sentral ng Pilipinas, marking the first time Jia has opened its lending infrastructure to an outside institution. As part of the partnership, Netbank has extended Jia a $2 million credit facility, Jia’s first institutional credit facility in the Philippines, to fund working capital loans for up to 500 SMEs over the next 12 months, and is powering Jia Accounts, a new business banking product for Philippine SMEs that lets borrowers receive funds and manage repayments in a single regulated flow

The partnership is the latest milestone in Jia’s expansion from lender to platform. Since 2022, Jia has originated more than US$20 million in SME loans in the Philippines with a non-performing loan rate below 3% and zero write-offs, against an industry average of 10% to 15%. That track record was built lending to the businesses most institutions overlook such as retailers, distributors, and inventory-heavy companies with proven order flow and a history of repayment, underserved not by their own performance but by the limitations of conventional credit assessment.

At the center of Jia’s infrastructure is Ossicone, its proprietary AI underwriting engine. Ossicone reads the documents that define how emerging market businesses actually operate – purchase orders, supplier invoices, delivery receipts – and returns a credit decision in under 30 minutes at 97% accuracy. No public training set exists for how Philippine SMEs trade, pay, and borrow. Jia has spent three years building one, sharpened by every loan on its book. With Jia Accounts now live, real-time cashflow data feeds directly into Ossicone’s models, compounding its accuracy over time.

SMEs across emerging markets face an estimated US$8 trillion credit gap that legacy banks are structurally unable to close. Jia is now making the infrastructure it built and proved on its own balance sheet available to the banks, cooperatives, and lending companies that want to close it. Through Ossicone via API and a white-label product, any financial institution can deploy Jia’s accounts, underwriting, and capital connectivity under its own brand, without rebuilding core infrastructure. Netbank is the first institution to build on that infrastructure — pairing the banking rails behind Jia Accounts with Ossicone-powered underwriting — validating a model Jia is now extending to banks, cooperatives, and lending companies across the region.

“Every emerging market has thousands of businesses growing fast, paying on time, and waiting for a bank that can see them clearly,” said Zach Marks, CEO of Jia. “We spent three years building the infrastructure to do that and proving it on our own balance sheet. Now we’re opening it to other institutions, because the opportunity is too large for any one lender to capture alone.”

“There is no public dataset for Philippine SME financial documents. That’s the moat,” said Krizanne Ty, President and Country Head at Jia Philippines. “Every loan has sharpened Ossicone’s accuracy, and now that businesses bank with Jia, their live cashflow feeds directly into the models — making them better for every SME on our book and every institution building on our platform.”

Financial institutions interested in deploying Jia’s infrastructure can reach the team at partners@jia.xyz. 

About Jia

Jia is the financial operating system for emerging market businesses, combining business banking, AI-powered underwriting, and capital connectivity in a single platform. Validated on its own live loan book in the Philippines since 2022, Jia now makes the same infrastructure available for banks, cooperatives, and lending companies to deploy under their own brand. Jia is led by a team that has scaled fintech businesses and managed more than US$10 billion in assets across emerging markets, and is backed by leading global fintech investors. Users can learn more at jia.xyz.

Contact

Partner
Maggie Philbin
VSC for Jia
press@jia.xyz

Nova Junk, a family-owned junk removal company based in Alexandria, Virginia, celebrates two decades of responsible hauling, recycling, and donation services across the Washington DC metro region.

Washington, United States, 16th Jul 2026 – Nova Junk, a locally owned junk removal company serving Washington, DC, Northern Virginia, and Maryland, is marking its 20th year in business. Founded on September 11, 2005, according to information published on the company website, the company has grown from a two-person family operation into a multi-service hauling company with a team that includes extended family members and long-tenured employees.

Nova Junk provides junk removal, estate cleanouts, office cleanouts, construction debris removal, yard debris hauling, shed removal, hot tub disposal, and labor-only services, according to the company website. The company serves communities throughout the Washington DC metro area, including Alexandria, Fairfax, Arlington, Bethesda, Montgomery County, and Prince George County.

A distinguishing feature of Nova Junk’s operating model is its three-stage disposal process: donate, recycle, and landfill. According to information published on the company website, the team sorts through all collected material, first setting aside items that can be donated to local charities and then separating recyclable materials such as batteries, printers, and refrigerators. Only the remainder goes to the landfill, and the company states that it typically sends just one third of collected material to the dump.

The company is licensed and fully insured, according to the company website, and places a strong emphasis on punctuality and transparent pricing. Nova Junk states that final charges are adjusted downward when a load turns out to be smaller than estimated, a policy highlighted repeatedly in customer reviews published on the company website.

“We started this company as a family and grew it the same way – by treating every customer’s home and business the way we would want ours treated,” said Norman Elbekri, Co-founder at Nova Junk. “After 20 years we are still committed to the same values we started with: honest pricing, responsible disposal, and service that people can count on.”

Nova Junk serves both residential and commercial clients. Services extend to de-cluttering and hoarding solutions, moving and foreclosure cleanouts, and demolition site cleanup. The company operates from two locations – 2000 Duke Street in Alexandria, Virginia and Smoketown Road in Woodbridge, Virginia – and can be reached at novajunk.com.

About Nova Junk

Nova Junk is a family-owned junk removal company founded in 2005, serving Washington, DC, Northern Virginia, and Maryland. The company provides residential and commercial hauling, estate cleanouts, construction debris removal, and specialty services including shed and hot tub removal. Nova Junk is committed to responsible disposal through a donate-recycle-landfill approach that minimizes landfill impact. Learn more at https://www.novajunk.com

Media Contact

Organization: Nova Junk

Contact Person: Norman Elbekri Co-founder

Website: https://www.novajunk.com/

Email:
info@novajunk.com

City: Washington

Country:United States

Release id:47175

The post Nova Junk marks 20 years of eco-friendly junk removal in the Washington DC area appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section