Maya, the #1 Digital Banking App in the Philippines, has teamed up with the Securities and Exchange Commission (SEC) to boost financial literacy nationwide through the Capital Market Promotion and Awareness Inter-Agency Network (CAMPAIGN) under the SEC CAN! (Communication, Advocacy, and Network) Initiative.
Maya and the SEC formalized the partnership through a memorandum of agreement signed during the 87th SEC Anniversary and Stakeholders Appreciation Ceremony on November 10. The public-private partnership advocacy initiative seeks to boost consumer awareness of best investment practices and protection against fraud.
“At SEC, we are committed to building a financially fit nation. By partnering with innovators like Maya, we are amplifying our push for smart investing and creating a future where Filipinos can confidently save and grow their finances,” said SEC Chairperson Emilio B. Aquino.
“We are empowering Filipinos to forge a delightful and life-enhancing relationship with money. Together with the SEC, we are setting the stage for our users to make smarter and bolder financial choices through our all-in-one digital banking app,” said Orlando B. Vea, Maya CEO and Founder and Maya Bank Co-Founder.
Maya’s dedication to raising the country’s financial wellness quotient shines through with its game-changing innovations. Through its high engagement banking model, Maya rewards everyday digital transactions with higher saving interest rates and access to instant credit. It raises awareness of best financial practices through in-app missions and initiatives like Scam Patrol.
On top of payments, savings, and credit, Maya recently launched Maya Funds, allowing Filipinos to invest in professionally curated local and global funds, including industry giants like Apple, Microsoft, PLDT, and SM, from as low as P50.
Maya developed the feature in collaboration with Seedbox Philippines, a pioneering digital marketplace for financial products. Maya makes its available on the app Unit Investment Trust Funds (UITFs) managed by ATRAM Trust Corporation, the first standalone trust corporation in the Philippines, and Mutual Funds (MFs) managed by BIMI, a wholly owned subsidiary of the Bank of the Philippines Islands (BPI).
Maya Funds is the newest addition to Maya’s suite of wealth products, designed to make growing and managing funds easier to access and simpler for every Filipino.
Maya’s partnership with the SEC links these ongoing efforts closer to the country’s financial literacy goals with the SEC-CAN program.
More information about Maya is available at maya.ph and mayabank.ph. To stay on top of everything Maya, follow @mayaiseverything on Facebook, Instagram, YouTube, and TikTok.