Maya

Maya (formerly PayMaya) is a Philippine digital finance platform and bank offering wallets, payments, cards and deposit products. It is the principal domestic rival to GCash and one of Southeast Asia’s major consumer fintech brands.1

History

PayMaya grew as a wallet and card issuer before rebranding to Maya and securing a digital-bank licence in the Philippines’ digital-bank wave. The rebrand positioned Maya as a full financial platform rather than payments-only.2

Company

Maya is operated by Maya Bank / Voyager Innovations-related entities historically linked to PLDT and Smart. Leadership teams from telecom and fintech scaled the brand against GCash’s Mynt-backed franchise.

Digital bank licence

Maya holds a Philippine digital banking licence, enabling deposit taking beyond pure e-money wallet services—narrowing the gap with traditional banks while remaining app-first.

Products

Products include e-wallets, savings accounts, credit, cards, merchant payments and crypto-related features in selected periods, packaged in the Maya app.

References

  1. Maya is a Philippine digital bank and wallet platform, formerly PayMaya. https://www.maya.ph/
  2. Maya secured a digital bank licence as part of the Philippine digital-bank programme. https://www.bsp.gov.ph/

Frequently asked questions

What is Maya?
Maya is a Philippine digital bank and wallet (formerly PayMaya) competing with GCash in consumer fintech.
Where is Maya headquartered?
Maya is headquartered in Philippines.
What type of company is Maya?
Maya is described as Digital bank / wallet in its neobank.wiki profile.

See also

  • AirwallexAirwallex is an Australian-founded business fintech for global accounts, payments and spend management.
  • Alex JohnsonAlex Johnson is the founder of Fintech Takes, a widely read fintech newsletter and podcast; he is active on X as @AlexH_Johnson.
  • Alexandre ProtAlexandre Prot is co-founder and CEO of Qonto, the Paris-based European business neobank.
  • Ali NiknamAli Niknam is founder and CEO of Bunq, the Amsterdam-based licensed Dutch neobank.
  • Ally BankAlly Bank is a large U.S. online bank offering deposits, loans and investment products without branches.
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