Maya Bank, Atome ink PHP 2.75B partnership to expand credit access in PH

This service will be available via Maya Bank.

Courtesy: Maya

Making credit for accessible to Filipinos

Atome, a digital finance platform, and Philippine digital banking leader Maya Bank have entered a PHP 2.75 billion loan channeling partnership in the Philippines to expand access to credit for millions of Filipinos.

We are expanding access to responsible, risk-managed, and transparent flexible payment options that make more products and services truly 'Available-To-Me' for millions of Filipinos, said Christian Quiros, President & Country General Manager, Atome Philippines.

This initiative will be powered by Maya Bank.

This collaboration leverages digital technology to bring fast, secure, and responsible financing into the hands of underserved customers, helping them build financial confidence and long-term resilience, said Angelo Madrid, Maya Bank President.

Started in Singapore in late 2019, Atome has expanded from being an embedded financing provider to also offer cards, lending, insurance and savings products.

In 2024, Atome processed over USD 2 billion or around PHP 114.48 billion in Gross Merchandise Volume (GMV) across the region. In the Philippines alone, Atome has served over 4 million Buy Now, Pay Later customers.

Meanwhile, Maya Bank, launched in 2022, aims to enhance the digital banking experience of consumers and enterprises across the Maya family of products, including Maya all-in-one app, Maya Business, and Maya Center.

What do you think guys?