The Daily Tribune
Maya Bank teams up with Atome on P2.75-B digital credit expansion
Digital bank Maya and Singapore-based financial technology firm Atome have partnered to provide P2.75 billion in loans to Filipino consumers to broaden access to credit.
Maya Bank will support Atome's lending operations, offering creditworthy customers more flexible and responsible financing options.
Maya Bank president Angelo Madrid stated that the partnership leverages digital technology to bring fast, secure, and responsible financing to underserved customers.
Atome, active in Southeast Asia since 2019, has processed over $2 billion in gross merchandise volume (GMV) in 2024 and doubled its run rate to over $4 billion as of June this year.
In the Philippines, Atome has served over four million customers through its 'buy now, pay later' scheme.
In June, Atome secured $75 million in fresh funds to expand its credit products for Filipinos.
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