Financial technology company Skyro has partnered with Philippine mobility platform JoyRide to offer digital credit lines and cash loans through the JoyRide Superapp, expanding access to lending services for the transport platform’s users.
Under the partnership, JoyRide users can apply for SkyroCredit, a reusable credit line that can be used for purchases at merchants accepting QR Ph payments, as well as Skyro Cash Loan, which offers loans of up to P250,000.
SkyroCredit provides an initial credit limit ranging from P1,000 to P10,000, which may increase to P100,000 depending on usage and repayment history.
The company said borrowers can settle their balances with up to 45 days of zero interest. The service also offers cashback of up to 30% on purchases, subject to a monthly cap of P1,000.
Meanwhile, Skyro Cash Loan offers financing ranging from three to 18 months, with interest rates starting at 1.5% per month. Loan amounts are subject to eligibility requirements.
Applicants must be Filipino customers aged 18 to 70 with a valid government-issued identification card and an active Philippine mobile number.
Applications can be initiated through banners on the JoyRide Superapp. Skyro said approved cash loans can be disbursed within 24 hours to a borrower’s designated bank account or electronic wallet.
The partnership allows Skyro to distribute its lending products through JoyRide’s existing customer base without requiring users to discover the services through a separate platform.
“JoyRide Superapp is one of the most widely used mobility and delivery platforms in the Philippines, which makes this partnership very exciting for us,” said Nasim Aliev, Skyro co-founder and co-CEO.
“It also reinforces Skyro’s commitment to making friendly and accessible financial solutions available to more Filipinos through platforms that are already part of their everyday lives. We look forward to bringing more of our financial products to JoyRide customers as the partnership grows.”
JoyRide Philippines president Neil Sherwin Yu said the arrangement would allow the mobility platform to offer financial services alongside its existing transport and delivery operations.
“We’re with our customers through their daily rides and deliveries. With Skyro on board, if they ever need a hand with their finances, that help is just a tap away, helping them take care of what they need and work toward their goals,” Yu said.
Skyro, which launched in the Philippines in August 2022, said it has more than 2 million active customers nationwide. The company also reported more than 7 million registered users and a credit portfolio exceeding $200 million as of 2026.
JoyRide, which began operations in 2019 as a motorcycle taxi service, has since expanded into car-hailing, taxi, airport transfer, and delivery services. The company said its app has recorded more than 20 million downloads.
The companies said additional financial products may be introduced through the partnership in the coming months.
