Skyro receives Php200M credit facility from PBCOM

(L-R) Skyro Head of Data Pavel Schamberger, Skyro Chief Operating Officer Ira Franco, Skyro President Anthony Co, PBCOM President Patricia May Siy, and Senior Vice President and General Services Group Head Atty. Jane Lim-Laragan

Skyro, one of the fastest growing financial technology (fintech) company in the country, recently received a Php200M credit facility from the Philippine Bank Communications (PBCOM), one of the biggest capitalized universal bank in the country, which the fintech company will utilize as additional working capital to support its fast-growing operations across the country. The Php200M credit facility was formalized during a recent MOA signing attended by top executives from PBCOM and Skyro. “Our partnership with PBCOM signifies their trust in our bullish and forward-looking business model. We’re grateful for their trust and we look forward to a very fruitful and enduring partnership with PBCOM for many years to come,” said Skyro President Anthony Co. Present during the MOA signing were Anthony Co, Skyro President, Patricia May Siy, PBCOM President, Ira Franco Skyro Chief Operating Officer, Atty. Jane Lim-Laragan, PBCOM Senior Vice President and General Services Group Head, and Vicky Tupaz, Skyro Head of Funding. Also present were Pavel Schamberger, Skyro Head of Data and Vicente dela Cruz, Skyro Head of Finance and Accounting, Rowena Lagdameo PBCOM First Vice President - Large Corporate Team, and Wilma Mangabat, PBCOM Relationship Manager. “Skyro has swiftly earned its reputation as a fast-growing fintech company in the country, offering the friendliest financial lending services. Our credit facility approval for Skyro indicates our trust in the company and our support for their continuous growth so that they can provide flexible payment options suitable for every Filipino,” shared PBCOM President Patricia May Siy. Introduced in the country in August 2022, Skyro has quickly earned a reputation for its innovative digital financial services. In just two years, Skyro has already disbursed 7 billion from 2022 to early December 2024. It is also now present in over 4,500 partner merchant stores nationwide with more than 320,000 active product loan customers. To date, Skyro offers one of the most flexible product loans in the country. With an approval probability of up to 80% for loan applications, Filipinos can enjoy flexible loan solutions, allowing them to easily adjust their monthly payment and due dates to meet their personal needs. To learn more about Skyro, download the app for free on Apple Store for iPhone users and Google Play for Android users or visit https://www.skyro.ph/ and follow its social media accounts, Facebook (https://www.facebook.com/skyro.philippines/), Instagram (https://www.instagram.com/skyro.ph/) and Tiktok (https://www.tiktok.com/discover/skyro).