Maya gets international award

DIGITAL bank Maya was awarded the Digital Bank of the Year at the Future Digital Awards for Fintech and Payments 2022.

Organized by London-based global analyst firm Juniper Research, the awards program recognizes “challengers and disruptors” who have made “outstanding contributions to their industry and are positioned to make a significant impact in the future.”

Maya was the Platinum Winner for the Digital Bank of the Year category, the highest award given to the most innovative digital banking, payments, and financial technology (fintech) companies worldwide. The Maya Business app for micro, small and medium enterprises also won the Gold Award for the Best Mobile Money Offering category.

“We are thankful for this global recognition of our unique integrated financial services approach in bringing digital banking closer to Filipinos. This is a nod to the big Philippine fintech opportunity we are collectively unlocking as an industry to propel the country’s economic growth,” said Shailesh Baidwan, Maya president and Maya Bank co-founder.

Maya said it saw record-breaking growth, acquiring more than one million bank customers and a P10billion deposit balance within five months of its public launch. It is also the fastest digital bank to open its doors to customers within six months after securing approval from the Bangko Sentral ng Pilipinas.

Other platinum winners include tech unicorns such as cloud-based banking system fintech Mambu and modern card issuer Marqeta, digital and mobile wallets ToPay and Airtel Money Pay, Goldman Sachs Transaction Banking, and Shop by Pay, and Shopify, among others.