Maya digital bank turns profitable, contributes P127M to PLDT

Digital bank Maya achieved profitability in the first quarter of 2025, contributing P127 million to PLDT's net income.

PLDT Chairman Manny Pangilinan expressed satisfaction with Maya's turnaround from years of losses and indicated interest in increasing their stake if other investors are willing to sell.

Maya reported a significant increase in customers to 6.8 million, up 88% year-over-year, and deposits reached P44 billion, up 49% year-over-year.

The company also recorded P28 billion in loan disbursements for the quarter and holds the largest market share in card payments processing with P1 trillion in payments processed in 2024.

Maya has partnered with various companies including Philippine Airlines, SingLife, Pepsi-Cola Products Philippines, ABS-CBN, and GMA7, expanding its reach and services.

The digital bank expects continued growth this year, particularly in its credit card business, which currently boasts around 200,000 issued cards.