# Maya

> Maya is a Philippine digital bank and wallet (formerly PayMaya) competing with GCash in consumer fintech.

Source: https://www.neobank.wiki/wiki/maya
Last updated: 2026-08-11
Categories: Financial technology, Philippines neobanks, Licensed neobanks, Payment platforms, Consumer neobanks

**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](/wiki/gcash) and one of Southeast Asia’s major consumer fintech brands.[^my1]

## 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.[^my2]

## 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.

## Infobox

- **Type**: Private
- **Formerly**: PayMaya
- **Headquarters**: Philippines
- **Model**: Digital bank / wallet

## 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.


## References

[^my1]: Maya is a Philippine digital bank and wallet platform, formerly PayMaya. — https://www.maya.ph/
[^my2]: Maya secured a digital bank licence as part of the Philippine digital-bank programme. — https://www.bsp.gov.ph/