{"id":11982,"date":"2025-07-21T03:27:06","date_gmt":"2025-07-21T03:27:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/11982\/"},"modified":"2025-07-21T03:27:06","modified_gmt":"2025-07-21T03:27:06","slug":"maya-returned-to-profit-in-the-first-semester-25","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/11982\/","title":{"rendered":"Maya returned to profit in the first semester \u201925"},"content":{"rendered":"<p><a href=\"https:\/\/business.inquirer.net\/files\/2025\/02\/maya-logo-black.001.png\" rel=\"nofollow noopener\" target=\"_blank\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-506397 size-custom-1200x740\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/07\/maya-logo-black.001-1200x740.png\" alt=\"Maya returned to profit in the first semester \u201925\" width=\"1200\" height=\"740\"\/><\/a>MANILA, Philippines \u2013 Popular e-wallet Maya Philippines turned profitable in the first semester, a turnaround from last year amid tight competition.<\/p>\n<p>Maya chair Manuel Pangilinan told reporters last week the company was \u201cdoing very well\u201d and showed \u201cgood profitability\u201d in the January to June period.<\/p>\n<p>Although the mobile wallet platform has yet to release its financial results for the first semester, this comes as a spillover from the first quarter. Back then, Maya benefited from strong lending.<\/p>\n<p>\t\t\t\t\tArticle continues after this advertisement<\/p>\n<p>READ: <a href=\"https:\/\/business.inquirer.net\/523087\/digital-bank-maya-throws-hat-into-premium-credit-card-market\" rel=\"nofollow noopener\" target=\"_blank\">Digital bank Maya throws hat into premium credit card market<\/a><\/p>\n<p>Maya\u2019s net income in the first three months of 2025 reached P300 million. This translates to a share of P127 million for PLDT Inc., which holds a 38-percent stake in the e-wallet.<\/p>\n<p>The first-quarter result represented a turnaround from the P400-million loss last year.<\/p>\n<p>Pangilinan earlier noted that Maya\u2019s good start may enable it to exceed P1 billion in earnings by the end of 2025.<\/p>\n<p>With such a performance from Maya, the main competitor of Ayala-backed GCash, Pangilinan confirmed they were in \u201cvery preliminary\u201d discussions to buy the minority stake of global investment firm KKR. This is meant to increase the shareholding of PLDT.<\/p>\n<p>Article continues after this advertisement\t\t  <\/p>\n<p>Reuters earlier reported that KKR owned more than 20 percent of Maya, and that the potential sale could value the company at more than $2 billion.<\/p>\n<p>Online gambling<\/p>\n<p>Meanwhile, Pangilinan confirmed that Maya did have gaming revenues. This was amid the clamor for stricter measures to regulate the online gaming sector, which is accessible through e-wallets.<\/p>\n<p>\t\t\t\t\tArticle continues after this advertisement<\/p>\n<p>According to the billionaire, gaming revenues account for 10 to 20 percent of Maya\u2019s total revenues.<\/p>\n<p>\u201cIt\u2019s not a major contributor to the revenue or to the gross transaction value [of Maya],\u201d Pangilinan said.<\/p>\n<p>He also noted that Maya had safeguards to help curb online gaming, although he did not elaborate.<\/p>\n<p>Fintech Alliance Philippines, the country\u2019s largest organization of financial technology companies, earlier issued a statement backing calls to have \u201cstrictly controlled\u201d access to online gaming via e-wallet platforms by implementing \u201crobust due diligence\u201d measures.<\/p>\n<p>According to the group, GCash and Maya facilitate over 90 percent of digital transaction volumes in the country.<\/p>\n<p>                          Your subscription could not be saved. Please try again.<\/p>\n<p>                          Your subscription has been successful.<\/p>\n<p>Sen. Sherwin Gatchalian has filed a bill seeking to raise the minimum cash-in for online gambling to P10,000 and top-up to P5,000. INQ<\/p>\n","protected":false},"excerpt":{"rendered":"MANILA, Philippines \u2013 Popular e-wallet Maya Philippines turned profitable in the first semester, a turnaround from last year&hellip;\n","protected":false},"author":2,"featured_media":11983,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[2306,86,56,54,55],"class_list":["post-11982","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mobile","tag-mobile","tag-technology","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/11982","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=11982"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/11982\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/11983"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=11982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=11982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=11982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}