27/05/2026
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The Ministry of Commerce and Business Development (Ministry), together with the Reserve Bank of Fiji (RBF) and the Asian Development Bank's Pacific Private Sector Development Initiative (PSDI), announces ThirdRoc as the selected partner to design and develop Fiji's first peer-to-peer (P2P) lending platform.
Following a rigorous process by the Judging Panel, ThirdRoc were selected through a competitive Request for Proposals (RfP) process, issued through the Fiji Innovation Hub in January 2026 and made possible by the Access to Business Funding Act 2025 which enables innovative financing mechanisms including P2P lending, equity crowdfunding, and small offers regimes. P2P lending will help reduce some of the usual hurdles that MSMEs face in accessing finance. This is by connecting MSMEs directly with lenders through a secure digital platform. The RfP attracted strong interest from firms.
"We were impressed by the strong field of proposals, particularly the depth of technical capability we have here in Fiji. This shows that Fiji is open for innovation and that the Governmentโs reform agenda is gaining real traction," said the Minister for Finance, Commerce and Business Development and Co-Chair of the Access to Business Funding Implementation Taskforce, Hon. Esrom Immanuel.
"We look forward to working with the selected partner, ThirdRoc, to expand financing opportunities for MSMEs."
ThirdRoc is the Fijian subsidiary of the Australian-headquartered fintech, focused on alternative credit and enterprise lending technology across the Pacific. The company backed by Antler Australia also holds a Credit Representative Licence with ASIC, is a member of AFCA, and has experience delivering AI-supported credit systems in regulated environments.
By combining consented data, AI-driven insights and regional partnerships, ThirdRoc enables faster, safer and more equitable lending for micro, small and medium enterprises (MSMEs), and is progressing a Fijian structure for a proposed P2P platform aligned with RBF governance and licensing requirements. ThirdRoc is engaging with potential consortium partners and financial investors to support the launch of the platform.
Supporting the decision, Taskforce Co-chair and Governor of the Reserve Bank of Fiji Ariff Ali, said, "Fiji is leading the Pacific in opening up new, innovative pathways to finance for businesses and the Reserve Bank of Fiji is committed to ensuring these pathways are developed with strong investor protections and sound risk management. ThirdRoc's proven technology, deep experience, and clear commitment to working within Fiji's regulatory framework gives us confidence in their ability to deliver a platform that meets these standards."
"PSDI is proud to have supported the Government of Fiji and the Reserve Bank through the development of the Access to Business Funding Act and the work to bring its implementation to this point," said Jeremy Cleaver, PSDI's Financing Growth Specialist. "P2P lending has the potential to genuinely expand access to finance for MSMEs in Fiji, including those that have been underserved by the traditional channels, and we are excited to continue supporting this important new market as it takes shape."
ThirdRoc will now enter a support phase through the Fiji Innovation Hub, including participation in a tailored Accelerator Programme that incorporates knowledge transfer and engagement with experienced international P2P lending practitioners. The accelerator phase aims to deliver a launch-ready platform design in the third quarter of 2026, with pilot and rollout milestones to be confirmed in due course.
โSince establishing our presence in Fiji, we have worked closely with partners to improve access to finance for MSMEs and entrepreneurs, while giving lenders and investors greater visibility and confidence in how credit is assessed and monitored.โ said Shiv Maharaj, Director, ThirdRoc. โWe are working through the RBF process with local institutions to ensure the model is structured safely and built for Fijiโs long-term needs.โ
The Ministry, together with the RBF and PSDI, extends its sincere appreciation to all firms that submitted proposals and to those who showed interest and support throughout the process. The strong response reflects a shared commitment to advancing inclusive financial solutions and improving access to finance for MSMEs, and we acknowledge with gratitude the time and expertise contributed by all participants.
PSDI is an Asian Development Bank technical assistance program undertaken in partnership with the governments of Australia and New Zealand.