Atome, Maya partner in $48m deal to expand lending

They will work together to extend flexible payment options to Filipinos.

Digital finance platform Atome and Philippine digital bank Maya have entered into a $48m (PHP2.75b) loan channelling partnership in the Philippines.

Maya will power the loan channeling initiative, according to the press release.

Atome and Maya Bank will work together to extend flexible payment options to Filipinos, said Christian Quiros, president & country general manager, Atome Philippines.

“Together, we are expanding access to responsible, risk-managed, and transparent flexible payment options that make more products and services truly ‘Available-To-Me’ for millions of Filipinos,” Quiros said.