Maya Named Best Virtual Bank in the Philippines for the 3rd Year Straight - Adobotech | Tech, Gadgets Served in Adobo Flavors

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Maya Named Best Virtual Bank in the Philippines for the 3rd Year Straight

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Maya has once again proven its leadership in the digital banking space, being named the Best Virtual Bank in the Philippines for the third consecutive year by the Asian Banking & Finance Retail Banking Awards 2025.

This back-to-back recognition reflects not just Maya’s strong performance and innovation, but also its deep impact on everyday Filipinos through digital financial services that are smart, simple, and accessible.

Empowering Millions Through a Fully Digital Ecosystem
Maya continues to grow as the go-to digital bank for Filipinos. Its fully integrated digital banking and payments platform is built to serve a mobile-first generation—Millennials, Gen Zs, and even MSMEs (micro, small, and medium enterprises) who have long been underserved by traditional banks.

“We’ve built a platform that makes managing finances simple, smart and accessible for both consumers and enterprises, while growing Maya sustainably as a business. This recognition is proof that digital banking can create real impact at scale for large underserved and unserved segments in the Philippines,” shared Shailesh Baidwan, Maya Group President and Co-Founder of Maya Bank.

“This recognition motivates us to keep raising the bar and to serve Filipinos even better with digital banking that truly makes a difference in their lives,” said Angelo Madrid, President of Maya Bank.

He also credited Maya’s loyal users and dedicated team: “We owe this achievement to our customers who trust us every day, and to our employees whose dedication powers everything we do.”

Real Impact on Financial Inclusion
Maya’s approach combines banking with payments into one seamless experience. This ecosystem allows real-time tracking of user and merchant activities, enabling faster credit decisions, better fraud protection, and customized financial solutions.

And the numbers back it up:
  • In Q1 2025, Maya’s deposits surged to ₱44 billion, a 49% jump compared to the previous year.
  • Loan disbursements reached ₱28 billion, which is triple the amount from a year ago.
  • Customer base grew to 6.8 million users, an impressive 88% increase.
  • Since launch, total loan disbursements have hit ₱120 billion, solidifying Maya’s spot as the top digital bank in the country.
These figures show how Maya continues to make financial services more inclusive especially for MSMEs, which represent 99% of businesses in the Philippines but receive just 4% of total bank loans, according to the BSP.

Three-Peat Win at the Asian Banking & Finance Awards, this year’s award marks Maya’s third win in a row:
  • 2023 – Best Virtual Bank
  • 2024 – Best New Virtual Bank
  • 2025 – Best Virtual Bank (again)

With its customer-first mindset and innovative banking solutions, Maya is not only changing the way people bank—it’s leading the future of digital finance in the Philippines.
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