Philippines’ Digital Bank Maya Looks to US Market for Up to $1B IPO

Maya, one of the Philippines’ leading digital banks and fintech platforms, is reportedly exploring a potential initial public offering (IPO) in the United States. Sources familiar with the matter indicate that the company aims to raise between $500 million and $1 billion through the listing, which could value the fintech giant significantly above its current multi-billion dollar valuation. This move positions Maya to tap into broader international capital markets as it continues to expand its digital banking services, including credit and savings, in the rapidly growing Southeast Asian market. Backed by prominent investors such as PLDT, KKR, and Tencent, Maya’s potential US listing would mark a significant milestone for the Philippine startup ecosystem and highlight the increasing global interest in digital financial services within the region. Since obtaining its digital banking license, Maya has seen rapid user growth, establishing itself as a dominant player alongside regional rivals in the transition toward a cashless economy.

Source: Philippines’ Digital Bank Maya Looks to US Market for Up to $1B IPO