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Voyager Innovations Raises Us$210M To Expand The Financial Services Ecosystem Of Paymaya And Maya Bank

Apr 12, 2022over 3 years ago

Amount Raised

$210 Million

Manila

Description

Voyager Innovations ("Voyager" or the "Company"), the leading technology company in the Philippines behind the end-to-end money platform PayMaya and neobank Maya Bank, raises US$210 million in new funds, propelling Voyager’s valuation to unicorn plus status, at nearly US$1.4 billion.

Company Information

Company

About Voyager Innovations Paymaya Philippines And Maya Bank

Location

Manila, National Capital Region, Philippines

About

Voyager Innovations, Inc. is the leading technology company in the Philippines, focused on customer-centric emerging market platforms for digital and financial inclusion. PayMaya Philippines (PayMaya), the fintech arm of Voyager, is the only end-to-end digital payments ecosystem enabler in the Philippines, with platforms and services that cut across consumers, merchants, communities, and government. As of end-March 2022, PayMaya provides more than 47 million Filipinos access to financial services through its consumer platforms. Its Smart Padala by PayMaya network of over 63,000 partner agent touchpoints serves as last-mile digital financial hubs in communities, providing the unbanked and underserved access to digital services. Through its enterprise business, PayMaya is the largest digital payments processor for key industries in the country, including "every day" merchants such as the largest retail, food, gas, and eCommerce merchants, as well as government agencies and units. To know more about PayMaya's products and services, visit www.PayMaya.com or follow @PayMayaOfficial on Facebook, Twitter, and Instagram. Maya Bank, Inc. (Maya Bank) powers the digital banking experience of consumers and enterprises across PayMaya’s ecosystem. As a pioneering neobank, it is transforming how money works for Filipino consumers and MSMEs through innovative and relevant financial services, including savings, deposits, and credit. With Voyager’s fintech PayMaya Philippines, it is creating the Philippines’ only end-to-end digital financial services platform. Maya Bank is a digital bank supervised by the Bangko ng Pilipinas (BSP). For more information, visit mayabank.ph.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech