Maya Philippines has announced that it has achieved net income profitability in the first quarter of 2025, continuing the strong financial momentum it first reached in December 2024. It also accelerated its topline growth in the same quarter, building further on more than 100% revenue growth in 2024 vs 2023.
Maya first began its journey as a payments provider and launched its digital bank in 2022. Since then, its revenues have grown more than 5x and achieved profitability in December 2024. This milestone reflects its sustained growth across digital banking, payments, and lending, which reinforces its position as the country’s trusted and integrated fintech platform.
Maya’s 1st quarter 2025 performance was fueled by robust lending activity and continued leadership in deposits and payments. Loan disbursals reached nearly PhP 28 billion in the first quarter alone, with cumulative disbursements totaling PhP 120 billion. Loan-to-loan deposit ratio improved to 51.1%, which signals strong credit demand and disciplined capital deployment.
They also continued to strengthen its positioned as a digital bank in the Philippines by deposit balance. The company ended the quarter with PhP 43.6 billion in total deposits – approximately double that of the next digital bank.
Asset quality remained sound, with a non-performing loan (NPL) ratio of just 3.8%, which is below the digital banking industry average.
Maya is also accelerating growth in its merchant business through an integrated payments and banking platform designed for large enterprises, as well as small and micro businesses. In 2024, Maya processed over PhP 1 trillion in payments for merchants. Visa has also recognized Maya as the top acquirer for merchant transaction volume.
“We are proud to deliver strong growth across all our products, continued scaling of our integrated ecosystem, and achieving net income profitability in Q1 2025,” said Shailesh Baidwan, Maya Group President and Maya Bank Co-Founder. “This reflects the strength of our model—anchored on innovation, disciplined execution, and a clear mission to expand access to digital financial services for millions of Filipinos.”
With a strong first quarter 2025 performance, Maya is on track to accelerate its ecosystem growth – expanding its credit portfolio, enhancing, merchant offerings, and growing its consumer platform with products like credit cards.
