Maya named Online Bank of the Year

Fintech and digital bank Maya has taken the global spotlight as the Digital Bank of the Year at the Future Digital Awards for Fintech & Payments 2022.

Organized by London-based global analyst firm Juniper Research, the awards program recognizes "challengers and disruptors" who have made "outstanding contributions to their industry and are positioned to make a significant impact in the future."

Maya emerged as the Platinum Winner for the Digital Bank of the Year category, the highest accolade given to the most innovative digital banking, payments, and fintech companies worldwide. The Maya Business app for MSMEs also won the Gold Award for the Best Mobile Money Offering category.

"We are thankful for this global recognition of our unique integrated financial services approach in bringing digital banking closer to Filipinos. This is a nod to the big Philippine fintech opportunity we are collectively unlocking as an industry to propel the country's economic growth," said Shailesh Baidwan, Maya president and Maya Bank co-founder.

Maya was recognized for its unique integrated financial services ecosystem model, revolutionizing the digital banking experience with embedded services through the all-in-one money app Maya and Maya Business for MSMEs.

In particular, Maya's record-breaking growth has propelled it to become the leading digital bank in the Philippines, acquiring more than one million bank customers and a PHP10 billion deposit balance within five months of its public launch. It is also the fastest digital bank to open its doors to customers within six months after securing approval from the Bangko Sentral ng Pilipinas (BSP).