From left: Head of enterprise IT Ulysses Naguit; chief product officer Mitch Padua; head of growth and brand marketing Raymund Villanueva; business head for Government Sector Marvin Santos; head of enterprise business Mar Lazaro; head of wallets business Kenneth Palacios; enterprise sales head Rhea Matute.

PayMaya Philippines was recognized at the Asia CEO Awards 2019 as the Most Innovative Company of the Year for its relentless drive to spread financial inclusion in the country through it game-changing platforms.

Innovation is at the heart of everything that we do at PayMaya. We are honored by this recognition as we continue to build relevant technologies that can make the lives of Filipinos better, said PayMaya CEO Orlando B. Vea.

PayMaya is the company behind the pioneering PayMaya e-wallet and mobile app for consumers as well as PayMaya Enterprise, the most comprehensive end-to-end solutions for enterprise payments covering online and offline. PayMaya is the only financial technology company in the Philippines offering integrated consumer and merchant payment solutions with the widest on-ground branch network. It is the financial technology arm of Voyager Innovations, the leading technology company in the country backed by PLDT, KKR, Tencent, World Bank’s IFC and the IFC Emerging Asia Fund.

The Most Innovative Company of the Year award is given to organizations that introduced an innovation that have led to the growth of the company and the development of the industry. They are usually the pioneers in their own fields and have introduced changes in their company to gain measurable competitive advantage over its competitors.

PayMaya was also named as one of the finalists for the Technology Company of the Year category. This award is given to corporate organizations, academe and startup companies that focuses on Information and Communications Technology, Biotechnology and Material Science, and Sciences and Math Engineering.

Now on its 10th year, the Asia CEO Awards recognize individuals and companies that have demonstrated excellence in their respective industry sectors and have contributed significantly to nation building. It is one of the largest business awards events in the Philippines and Asia Pacific region. It also brings the Philippines to the spotlight, as one of the region’s premier center of economic growth and business destination.

Meanwhile, PayMaya recently announced the seven lucky PayMaya users who won at the recently-concluded PayMaya — Western Union Raffle Promo, where they had a chance to take home as much as P100,000 in prizes.

To join the promo, all they had to do was claim their Western Union remittance via PayMaya and kickstart their cashless living by completing a PayMaya transaction — whether it’s paying bills, sending money to another user, shopping online and in-stores, buying load, or paying via PayMaya QR.

Jeffrey Navarro, regional director for Philippines, Malaysia, Brunei, and Indochina for Western Union (leftmost) and Kenneth Palacios, head of wallets business for PayMaya Philippines, presented the P100,000 check to the grand winner of the PayMaya-Western Union Raffle promo, Benjamin Pasang, along with his family.