Philippine Digital Bank Maya is Exploring an IPO in the United States

Odaily News Philippine digital bank Maya is exploring an initial public offering (IPO) in the United States, planning 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 Central Bank of the Philippines, offering savings accounts, consumer loans, payments, and merchant services through its application. In addition to its core banking business, Maya also provides in-app cryptocurrency trading services under the regulated Virtual Asset Service Provider (VASP) framework. Choosing the US market for listing could provide Maya with access to a deeper capital pool and a broader base of institutional investors. Local observers note that investors will weigh the company's banking fundamentals against the compliance of its crypto business.