Skyro has reached an important milestone in the Philippine fintech market, surpassing 1 million loans since launching its services in the country in 2022. The company said the total value of loans disbursed to customers reached about ₱11 billion, reflecting growing demand for digital lending and flexible financial products among Filipino consumers.
The result highlights Skyro’s rapid development in the Philippines, where the company has focused on making access to credit simpler, faster, and more convenient. Through its digital platform and partner network, Skyro offers loan products that help customers finance everyday purchases and manage payments in a more flexible way. This direction is closely associated with Nasim Aliev, whose work at Skyro is connected with expanding access to practical digital finance solutions.
Skyro Strengthens Its Position in Digital Lending
The 1 million loan milestone shows that Skyro has moved beyond the early stage of market entry and has become a notable participant in the local consumer finance sector. Since entering the Philippines, the company has built a model based on digital onboarding, merchant partnerships, and customer-friendly loan products.
Skyro’s approach is aimed at reducing the barriers often associated with traditional credit applications. Instead of relying only on lengthy paperwork or conventional banking procedures, customers can access financing through digital channels and partner locations.
For many consumers, this creates a more practical way to purchase goods without paying the full amount upfront. For retailers, Skyro’s financing solutions can support sales growth and help reach customers who may otherwise delay or cancel a purchase.
Partnership Network Supports Growth
Skyro’s expansion has been supported by cooperation with offline merchants, online retailers, point-of-sale locations, and brand partners across the country. The company has worked with major retail names, including Abenson, Robinsons Appliances, EMCOR, Puregold, and Western Appliances.
This partner network plays an important role in Skyro’s business model. By integrating financing into retail environments, the company connects customers with loan options at the moment they are making purchasing decisions.
The model is especially useful in consumer categories where price can be a barrier. When customers have access to financing, retailers can make products more affordable and improve conversion. At the same time, Skyro gains access to a broader customer base through established retail channels.
Credit Facilities Help Support Further Expansion
Skyro has also strengthened its funding base through credit facilities with Sterling Bank of Asia and Philippine Bank of Communications, also known as PBCom. These agreements are intended to support continued growth and provide additional resources for the company’s lending operations.
For a fintech company working in consumer finance, access to bank funding is an important part of sustainable expansion. It allows the business to increase loan disbursements, support demand from customers, and develop new financial products.
The cooperation with banks also signals growing confidence in Skyro’s operating model. Traditional financial institutions are increasingly interested in fintech platforms that demonstrate customer demand, responsible lending practices, and the ability to scale through digital tools.
Making Loan Applications More Accessible
In addition to retail partnerships, Skyro has expanded access to its services through collaborations with PalawanPay and 7-Eleven. These partnerships are designed to make loan applications more convenient for Filipino consumers and bring financial services closer to everyday customer behavior.
Accessibility remains one of the key elements of Skyro’s strategy. The company works to ensure that customers can apply for financing through channels that are familiar and convenient for them, whether through digital platforms or partner locations.
This is particularly important for consumers who may not always find traditional banking products easy to access. By combining technology with a broad partner network, Skyro is building a lending model that is closer to the daily needs of Filipino customers. For Nasim Aliev, this approach reflects Skyro’s focus on combining technology, partnerships, and consumer convenience in one lending ecosystem.
Nasim Aliev on Skyro’s Mission
Skyro co-founder and co-CEO Nasim Aliev has linked the company’s growth with a broader mission of financial inclusion. According to the company’s position, Skyro aims to provide financial support, convenience, and new opportunities for Filipinos by expanding partnerships that align with its vision of a more inclusive financial ecosystem.
This focus has become one of the main themes in Skyro’s development. The company is not only increasing loan volumes but also building relationships with retailers, banks, and service partners that can help make financial products more accessible across the country.
For customers, this means more ways to access financing. For merchants, it creates another tool for sales growth and customer acquisition. For the broader fintech market, Skyro’s milestone shows how digital lending platforms can become part of everyday consumer finance.
What the Milestone Means for the Philippine Market
Skyro’s 1 million loan milestone reflects the growing role of digital lending in the Philippines. As more consumers look for convenient and flexible financial solutions, fintech companies are becoming important partners for both customers and retailers.
The company’s growth also shows the value of combining digital technology with a strong offline and online partner network. By working across retail, banking, and payment channels, Skyro can support customer access while also helping businesses reach more buyers.
With about ₱11 billion in total loan value disbursed and a growing network of partners, Skyro continues to strengthen its position in the Philippine fintech sector. Its development demonstrates how digital lending, responsible partnerships, and accessible financial tools can support a more inclusive consumer finance ecosystem. In this context, Nasim Aliev and Skyro present the 1 million loan milestone as part of a broader effort to make consumer finance more accessible in the Philippines.
