Founded in 2006, Direct Agent 5, Inc. is a joint venture company consisting of a national confederation of cooperatives together with well-established companies primarily engaged in the following businesses: Pawnshop, Money Changing, Shopping Malls and Food Shops.
The group saw the synergy of working together by combining the location strength of their own diversified networks to reach the clientele of WU money transfer services.
On Aug 8, 2006, the joint venture company was formally registered with the Securities and Exchange Commission (SEC) under SEC Registration No. CS200612573.
On October 2, 2006, DA5, Inc. commenced its early operations with a few hand-picked personnel at Makati City.
On November 27, 2006, the company processed its first money transfer service transaction.
On March 5, 2007, the company moved to its current location at Unit 415 La Fuerza Plaza 1, 2241 Don Chino Roces Avenue, Makati City, Philippines 1223.
• While still on its first year of operation, DA5, Inc. won its first international recognition from Western Union by being awarded as the Direct Agent in the Asia-Pacific Region with theHIGHEST PERCENTAGE GROWTH IN TRANSACTIONS for 2007. The award was given on March 2008 during the Asia-Pacific Agent Summit in Bangkok, Thailand. This is the fastest recorded achievement by any Direct Agent.
