Maya wins award for its all-in-one money app

PLDT-BACKED Maya was recognized as a country winner at the IDC Future Enterprise Awards 2022 for leveraging its deep customer data and artificial intelligence to bring banking, payments and more in just one money platform – the first-of-its-kind innovation in the Philippines.

Maya was chosen as the Best in Future of Intelligence for its Data-Driven Everything (D2E) Program, a key driver in transforming PayMaya into Maya, powered by seamless digital payments and digital banking. The IDC Future Enterprise Awards is presented by the global market intelligence provider International Data Corp. (IDC).

“We thank IDC for recognizing our game-changing innovations powered by data and AI. This is a testament to how data – when used wisely and fairly – could unlock the power of all-in-one digital banking in accelerating digital adoption and widening financial inclusion,” said Shailesh Baidwan, Maya Group president and Maya Bank co-founder.

As a result, Maya recorded over one million new bank customers and more than P10 billion in deposit balance just five months after its launch in April 2022, making it the fastest-growing digital bank in the Philippines. It also continues to grow its overall base, serving 52 million customers across its consumer platforms and enabling over 810,000 registered merchants touchpoints as of end-September 2022. (PR)