In a statement, the fintech firm pointed to research showing that 59% of Maya's borrowers are accessing credit for the first time, highlighting its role as a crucial entry point for financial inclusion.
Maya's high-engagement banking model promotes responsible borrowing behaviors, rewarding smart spending with attractive interest rates, it said.
As of March 2024, Maya has disbursed P34 billion in loans. The firm explained that this initiative leverages artificial intelligence to assess creditworthiness, making borrowing simple and empowering for many Filipinos.
