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Skyro disburses P5.2 B in loans to Filipinos nationwide

The Philippine Star

|

November 23, 2024

A total of P5.2 billion in consumer loans was disbursed by Skyro, one of the fastest growing financial technology (fintech) companies in the country, from its launch in the Philippines in August 2022 until September 2024.

The amount reflects the company's resolute stance to push for financial inclusion among Filipinos in remote areas of the country and to become a leading fintech industry player in the Philippines.

Skyro has achieved significant growth in loan disbursements, reflecting nearly 190-percent growth in just over two years.

This impressive expansion underscores the company's commitment to financial inclusion, allowing it to reach more communities, foster economic growth and extend essential financial services across the country.

Skyro has quickly earned a reputation for its innovative digital financial services to enable financial inclusion in the country.

It is now present in over 4,500 partner merchants stores nationwide with more than 270,000 active product loan customers.

The P5.2-billion payout is also indicative of the company's thrust to broaden its reach in many parts of the country, specifically in provincial areas.

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