Maya’s Digital Revolution_ Transforming Banking Nationwide

1. Maya’s Digital Revolution: Transforming Banking Nationwide The Philippines’ top digital bank, Maya, is leading a financial revolution, extending accessible banking services to underserved communities across the nation. Since 2022, Maya has disbursed an impressive ₱92 billion in loans, with regional areas outside Metro Manila driving much of this growth. Over 70% of Maya’s customers now come from these regions, reflecting the significant impact of digital banking in improving financial access. “Accessible, inclusive, and user-friendly banking should be the standard,” said Shailesh Baidwan, Maya Group President and Maya Bank Co-Founder. “Our growth in areas outside Metro Manila highlights how technology can power large-scale financial inclusion.” Breaking Barriers in Financial Inclusion According to a 2021 BSP study, many Filipino adults still save at home or rely on informal credit sources. Maya has introduced innovative solutions to tackle these challenges. By simplifying account setup to require only one valid ID and offering no-minimum-balance savings accounts with competitive interest rates, Maya ensures every Filipino can participate in modern banking. In addition, Maya’s instant loan processing leverages alternative data and transaction insights to assess creditworthiness, eliminating the need for collateral or excessive documentation. For an overview of these revolutionary features, visit Maya Expands Banking. Empowering Regional Borrowers and Savers As of December 2024, Maya’s Easy Credit product has seen remarkable adoption in non-Metro Manila regions, where borrowers grew by 82% year-on-year. This far exceeds the 64% growth rate observed in Metro Manila, demonstrating how Maya is redefining regional lending. Learn more about this transformation in regional banking trends. Maya Easy Credit is more than a loan—it’s a versatile financial tool. Users can pay bills, purchase load, shop online or in-store, and transfer funds to their Maya Wallet whenever they need extra cash. For borrowers looking for convenience, digital lending solutions like Maya Easy Credit are game changers. Savings Growth Leading the Way

2. Maya’s influence isn’t limited to lending. Savings in regional areas grew by 67% year-on-year as of December 2024, compared to 47% in Metro Manila. Regional deposits now contribute over half of Maya’s total savings growth. The platform offers diverse savings options tailored to meet different needs, such as Maya Savings, Personal Goals, and Time Deposit Plus. For consumers seeking to maximize their savings potential, smart financial tools like Maya Savings are a perfect fit. Shifting Lending Trends While traditional banks prioritize Metro Manila for over 80% of their lending activities, Maya has flipped this narrative. As of June 2024, regional loan drawdowns surged by 137% year-on-year, accounting for nearly 70% of Maya’s lending growth. By addressing the unique needs of communities outside the capital, Maya is narrowing the gap in financial access. With tools like Maya’s regional lending features, underserved areas are now experiencing the benefits of modern financial systems. Pioneering a Financially Inclusive Future Maya’s intuitive and innovative approach is a testament to how digital banking can empower Filipinos nationwide. From simplifying financial transactions to offering flexible credit options, Maya ensures that even the most underserved communities are no longer left behind. To learn more about Maya’s ongoing efforts and exciting financial solutions, visit Maya Expands Banking and explore the broader impact of digital banking on financial inclusion. The updated article now includes the correct internal link to https://www.appsgadget.com/2025/01/maya-expands-banking.html, replacing the previous one. Let me know if you need further adjustments!