Philippines-based fintech Maya is looking to raise a $150M funding round at a $2B valuation, per Bloomberg.
The funding is intended to increase the firm's growth prospects and may pave the way for an IPO listing in the coming years.
Maya facilitates end-to-end digital payment services, including e-wallets, savings accounts, credit offerings, and crypto transactions.
- The company was founded as a digital subsidiary of telecom giant PLDT, which later reduced its investment to a non-controlling stake.
- Sources informed Bloomberg that the firm's new fundraiser is drawing interest from existing and new backers.
- Maya has been previously backed by KKR, EDBI, Tencent, World Bank's International Finance Corp., and Susquehanna International Group (SIG).
- SIG led the firm's $140M funding round last year, valuing the firm at nearly $1.4B.
