Philippines-based digital bank Maya is evaluating a potential initial public offering (IPO) in the United States, with the aim of raising up to $1 billion. Maya, which holds a digital banking license from the Bangko Sentral ng Pilipinas (BSP), offers a range of services including savings, consumer loans, payments, and merchant services. Additionally, it provides in-app cryptocurrency trading under a regulated Virtual Asset Service Provider (VASP) framework. While the revenue and transaction volume from its crypto operations remain undisclosed, some users have reported issues with token trading buttons becoming temporarily unavailable during market volatility.
Philippines' Maya Considers US IPO, Aiming for Up to $1 Billion
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