Maya has made its mark on the global stage by earning the prestigious Best Digital Bank award at the World Digital Bank (WDB) Awards 2023, confirming its status as Southeast Asia’s leading force in digital banking.
Maya beat the other competitors to win the national and Southeast Asia leg of The Digital Banker’s competition
According to The Digital Banker’s ranking of all participating banks, Maya came in at number eight for its cutting-edge product innovations, next-level customer experience, and undisputed market leadership, joining the likes of Starling Bank, Kakaobank, Revolut, WeBank, NuBank, and MOX Bank.
In its citation, The Digital Banker said: “Philippine-based Maya has combined the power of its e-wallet proposition to offer savings, instant credit, and cryptocurrency services under a seamless experience. It’s one of the best examples of how digital banks are reimagining the digital process to drive customer interaction and usage.”
“We’ve broken industry records with our game-changing innovations as we rapidly scale our digital banking services across our comprehensive consumer and enterprise ecosystem. The recognition is a welcome vote of confidence, and we thank our customers and partners for the continuous trust,” said Maya Bank President Angelo Madrid.
Maya has 2.3 million depositors with almost PHP 25 billion in bank balances as of the end of June 2023. While in invite-only mode, cumulative loan disbursements totaled PHP 10 billion by the end of June 2023. Maya is now the highest-rated local consumer finance app on Google Play and the Apple App Store.
“We’re honored to receive this distinction as it’s a testament to our world-class team’s hard work and talent. It also highlights the Philippines as an incubator of top fintech and digital banking companies,” said Shailesh Baidwan, Maya Group President and Maya Bank Co-Founder.
This new achievement comes after Maya was named one of the World’s Best Banks by Forbes Magazine, one of the Fintech 250 by CB Insight, and the winner of the Digital Bank of the Year award at the Future Digital Awards for Fintech & Payments in 2022.
Leader in PHL, a trailblazer in Southeast Asia
A leader in Southeast Asia, Maya is the first company in the Philippines to provide both consumers and businesses with a full range of financial services on a single, totally digital platform.
“By integrating payments and banking, Maya has unlocked limitless ways to innovate financial services for Filipinos,” said Orlando B. Vea, CEO, and Founder at Maya and Co-Founder at Maya Bank.
Maya has received praise from the World Digital Bank Awards 2023 for creating a new benchmark in digital banking satisfaction where seamlessness is the rule.
With its dependable e-wallet for daily payment transactions, virtual and physical cards, simple crypto, high-yield savings with daily interest rates and personal goals, instant credit, and 24/7 chat support, the Maya app offers an all-in-one digital banking experience.
The enterprise experience has been redesigned by Maya company, which provides an all-in-one package with omnichannel payment solutions, simple payroll and supplier disbursements, and banking services including company deposits with a 2.5% interest rate and MSME credit lines. A single digital platform, Maya Business Manager, can meet all these demands.