Skyro secures Php 370M credit facility from Sterling Bank to fuel expansion

Skyro Co-Chief Executive Officer Nasim Aliev (4th from right), Sterling Bank Executive Vice President and Commercial Lending Group Head Benson Hari-Ong (4th from left) together with Skyro President Anthony Co (3rd from right), Skyro Country Head of Finance Vicente Dela Cruz (2nd from right), Skyro Head of Funding Victoria Tupaz (rightmost), Sterling Bank Senior Vice President and Commercial Lending 1 Head Jose S. Ison, Jr. (3rd from left), Sterling Bank Relationship Manager Jessa Mahinay (2nd from left), and Sterling Bank Marketing Assistant Patricia Marie Cabas (leftmost)

Skyro, one of the fastest-growing financial technology companies in the Philippines, has secured a Php 370 million credit facility from Sterling Bank of Asia to further enhance its operations and expand access to flexible financial solutions for Filipinos.

The partnership was formalized through a credit agreement signing, attended by Skyro Co-Chief Executive Officer Nasim Aliev, President Anthony Co, and Country Head of Finance Vicente Dela Cruz. Representing Sterling Bank were Executive Vice President and Commercial Lending Group Head Benson Hari-Ong, along with Senior Vice President and Commercial Lending 1 Head Jose S. Ison, Jr.

Aliev expressed his gratitude for the collaboration, stating, “We’re honored and grateful for Sterling Bank’s trust in our mission. This partnership strengthens our ability to provide accessible financing solutions, bringing happiness and financial empowerment to underserved Filipinos.”

Similarly, Jose S. Ison, Jr. highlighted the shared vision between the two companies, “Skyro offers one of the most customer-friendly loan products in the country. We are happy to support their goal of helping Filipinos achieve their financial aspirations.”

Introduced in the country in August 2022, Skyro has quickly earned a reputation for its innovative digital financial services. It offers Flexi Payment that allows customers to adjust their monthly payment or due date, without paperwork or questions, ensuring greater financial flexibility.

Skyro is now present in over 4,500 partner merchant stores nationwide with more than 700,000 active customers.

Filipinos can enjoy exclusive loan offers only from Skyro by downloading the Skyro app for free on Apple Store for iPhone and iPad users, and Google Play for Android users and enjoy flexible payment and cash back features on Skyro.

To know 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, Instagram, LinkedIn and TikTok.