Maya, a leading digital banking and payments platform in the Philippines, reported substantial growth as of the end of 2024.

This growth was driven by its expansion into consumer credit and a broader strategy to scale digital banking, payments, and lending.

The company is on track to achieve profitability across its key units, Maya Philippines and Maya Bank, by December 2024.

Maya’s banking customer base has reached 5.4 million, marking a 71% increase from the previous year. Its borrower base nearly doubled to 1.6 million.

Deposits rose to 39 billion peso (US$673,4 million), a 59% year-on-year increase. Cumulative loan disbursements during this period totaled 92 billion peso (US$1,6 billion).

In addition to consumer growth, Maya expanded services for businesses.

Recent Maya developments