Fintech company Skyro has recorded more than one million loans since entering the Philippine market in 2022. The loans, totaling around ₱11 billion in value, were made possible by partnerships with local merchants, financial firms, and service platforms.
“Skyro remains committed to providing hope and financial support to Filipinos by expanding and strengthening partnerships that align with Skyro’s vision of a more inclusive financial ecosystem in the country,” said Nasim Aliev, co-founder and co-CEO of Skyro.
Network of merchants and partners
Skyro now works with over 1,500 offline stores, 100 online merchants, 13 major brand partners, and more than 5,000 point-of-sale locations. Its partners include well-known retailers such as Abenson, Robinsons Appliances, EMCOR, Puregold, and Western Appliances.
To support its operations, Skyro also secured credit lines from banks like Sterling Bank and PBCOM. These financial links have helped the company grow steadily over the past year.
The company also teamed up with PalawanPay and 7-Eleven to make it easier for customers to apply for loans in the country.
App-based loan flexibility
One of its main features, Skyro Flexi, gives customers the option to adjust their payment schedule or due dates through the Skyro app. This tool aims to give users more control over how they manage their loans.
Skyro has been downloaded 2.5 million times to date, which shows strong demand for its services in the country.
“Our vision is to make it possible for even more Filipinos across the country to enjoy the life they have always deserved with the help of Skyro,” said Aliev.
The company says it remains focused on helping Filipinos meet their goals and manage their daily needs through flexible and accessible financial services.