TechFlow News, February 17: According to Decrypt, Philippine digital bank Maya is exploring an initial public offering (IPO) in the United States, aiming to raise up to $1 billion. The company is currently working with advisors to advance this transaction.
Maya holds a digital banking license issued by the Bangko Sentral ng Pilipinas (BSP) and offers savings accounts, consumer loans, payments, and merchant services through its mobile application. In addition to its core banking operations, Maya also provides in-app cryptocurrency trading services under a regulated virtual asset service provider framework.
Listing on the U.S. market could provide Maya with deeper access to capital pools and a broader base of institutional investors. Local observers note that investors will weigh the company’s banking fundamentals against the regulatory compliance of its crypto-related business.
