Maya Achieves Q1 2025 Profitability

​Maya announced that it achieved net income profitability in the first quarter of 2025, continuing the strong financial momentum it first reached in December 2024. Maya also accelerated its topline growth in the same quarter, building further on the more than 100% revenue growth achieved in full-year 2024 vs. 2023.

​Maya has created the leading fintech ecosystem in the Philippines. It is the leading merchant acquirer and the largest digital bank by deposit base. Maya began its journey as a payments provider and launched its digital bank in 2022. Since then, its net revenues have grown over 5x, and the company achieved profitability in December 2024. This milestone reflects the company’s sustained growth across digital banking, payments, and lending, reinforcing its position as the country’s most trusted and integrated fintech platform.

Maya’s first quarter 2025 performance was fueled by robust lending activity and continued leadership in deposits and payments. Loan disbursals reached nearly P28 billion in the first quarter alone, with cumulative disbursements totaling P120 billion. Maya’s loan-to-deposit ratio improved to 51.1%, signaling strong credit demand and disciplined capital deployment.

Maya also continued to strengthen its position as the #1 digital bank in the Philippines by deposit balance, ending the quarter with P43.6 billion in total deposits—approximately double that of the next largest digital bank. This achievement highlights the trust Maya has built among its customers and its capacity to support accelerated credit expansion.

Asset quality remained sound, with a non-performing loan (NPL) ratio of just 3.8%, significantly below the digital banking industry average. This underscores the strength of its risk management systems amid rapid portfolio growth.

Maya is also accelerating growth in its merchant business through an integrated payments and banking platform designed for large enterprises, as well as small and micro businesses. In 2024, Maya processed over P1 trillion in payments for merchants, leading the market in digital transactions. Visa has also previously recognized Maya as the top acquirer for merchant transaction volume, underscoring their shared commitment to drive digital acceptance and cashless transactions.

“We are proud to deliver strong growth across all our products, continued scaling of our integrated ecosystem, and achieving net income profitability in Q1 2025,” said Shailesh Baidwan, Maya Group President and Maya Bank Co-Founder. “This reflects the strength of our model—anchored on innovation, disciplined execution, and a clear mission to expand access to digital financial services for millions of Filipinos.”

With a strong first quarter 2025 performance, Maya is on track to accelerate its ecosystem growth—expanding its credit portfolio, enhancing merchant offerings, growing its consumer platform with products like credit cards, and deepening its impact by democratizing finance in the Philippines.

PLDT holds an approximate 37.7% equity stake in Maya Innovations Holdings Pte. Ltd.

PLDT is the Philippines’ largest fully integrated telecommunications company. Through its principal business groups – from fixed line to wireless – PLDT offers a wide range of telecommunications and digital services across the Philippines’ most extensive fiber optic backbone, and fixed line and cellular networks.

PLDT is listed on the Philippine Stock Exchange (PSE:TEL) and its American Depositary Shares are listed on the New York Stock Exchange (NYSE:PHI). PLDT has one of the largest market capitalizations among Philippine-listed companies.

Maya is the #1 Fintech Ecosystem in the Philippines, with Maya, the #1 Digital Bank, and Maya Business, the #1 Omni-Channel Payment Processor. Maya Bank is a digital bank regulated by the Bangko Sentral ng Pilipinas (BSP), with deposits insured by the Philippine Deposit Insurance Corporation (PDIC) up to P1 million per depositor.