PayMaya Philippines was recognized at the Asia CEO Awards 2019 as the Most Innovative Company of the Year for its drive to spread financial inclusion in the country through it game-changing platforms.
“Innovation is at the heart of everything that we do at PayMaya. We are honored by this recognition as we continue to build relevant technologies that can make the lives of Filipinos better,” said PayMaya CEO Orlando B. Vea.
PayMaya is the company behind the PayMaya e-wallet and mobile app for consumers, as well as PayMaya Enterprise, an end-to-end solution for enterprise payments covering online and offline.
PayMaya is the financial technology arm of Voyager Innovations, which is backed by PLDT, KKR, Tencent, World Bank’s IFC and the IFC Emerging Asia Fund.
The Most Innovative Company of the Year award is given to organizations that introduced an innovation that have led to the growth of the company and the development of the industry. They are usually the pioneers in their own fields and have introduced changes in their company to gain measurable competitive advantage over its competitors.
PayMaya was also named as one of the finalists for the Technology Company of the Year category. This award is given to corporate organizations, academe and startup companies that focuses on information and communications technology, biotechnology and material science, and sciences and math engineering.
Now on its 10th year, the Asia CEO Awards recognize individuals and companies that have demonstrated excellence in their respective industry sectors and have contributed significantly to nation-building.