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PayMaya gets country's sixth digital banking license

PayMaya gets country's sixth digital banking license
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PSEi climbs on bargain hunting, vaccine arrivals

PSEi climbs on bargain hunting, vaccine arrivals
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Fintech players beating banks in race to capture unbanked market

Fintech players beating banks in race to capture unbanked market
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Philippines' Voyager Innovations Secures US$167 M for PayMaya Expansion Into Financial Services, Digital Banking

Press release content from Business Wire. The AP news staff was not involved in its creation.
Philippines’ Voyager Innovations Secures US$167 M for PayMaya Expansion Into Financial Services, Digital Banking
June 28, 2021 GMT
MANILA, Philippines (BUSINESS WIRE) Jun 28, 2021
Voyager Innovations (“Voyager” or the “Company”), the leading technology company in the Philippines, announced that it raised US$167 million to fast-track financial inclusion in the Philippines through its financial technology arm, PayMaya Philippines (“PayMaya”).
Participating in the funding were existing shareholders PLDT Inc. (“PLDT”) (NYSE: PHI) (PSE: TEL), the Philippines’ largest integrated telecommunications company and leading digital services provider; KKR, a global investment firm; and Tencent, a leading technology company in China. Voyager welcomed IFC Financial Institutions Growth Fund, a fund managed by the IFC Asset Management Company (“IFC AMC”), as a n ....

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Voyager secures $167 million for PayMaya expansion

Voyager secures $167 million for PayMaya expansion
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