Voyager Becomes Second Philippine Unicorn After Raising $210 Million From SIG-Led Funding RoundVoyager Innovations — owner of e-wallet PayMaya and digital bank Maya Bank — has become the
Philippines’ second unicorn after raising $210 million from new investors led by SIG Venture Capital, the Asian venture capital arm of U.S. investment firm Susquehanna International Group.
With the backing of new and existing shareholders, Voyager aims to
scale up Maya Bank’s operations after securing one of the six digital banking licenses from the Philippine Central Bank in September.
Voyager said it will use the fresh funding to
launch Maya Bank’s savings and lending services. PayMaya had more than 47 million registered users as of March 31, 2022, more than
two-thirds of the adult population in the Philippines. Its rival Mynt, whose e-wallet GCash claims to have more than 48 million users in the country, is the only other unicorn among Philippine startups.
