Skyro, one of the fastest-growing financial technology (fintech) companies in the country, teamed up with Paynamics to offer flexible and affordable buy-now-pay-later (BNPL) scheme to their customers.
The partnership reaffirms Skyro’s aggressive expansion initiatives. From being a preferred payment option for shoppers of big-ticket items in top retail outlets in the country, Skyro is now expanding its footprint to customers of Paynamics’ online merchants that include top e-commerce websites, hotels, airlines and insurance companies.
“Our vision is for Filipinos to enjoy a life they’ve always dreamed of. Now we’re slowly making that happen through our partnership with Paynamics, allowing its online merchants to offer our flexible financial lending solutions so that customers can avail of items and services they’ve always wanted,” said Skyro head of POS business Lowen Medina.
Paynamics co-founder and chief executive Mylene Chua-Magleo said the partnership with Skyro highlights Paynamics’ mission to elevate businesses and the lives of Filipinos by making financial products like BNPL more accessible and convenient.
“Together, we bring stronger cashflow to businesses while offering customers flexible payment options and terms, fostering a more inclusive and digitally empowered economy,” Chua-Magleo said.
Introduced in August 2022, Skyro offers one of the most flexible product loans in the country. With an approval probability of up to 80 percent for loan applications, Filipinos enjoy flexible loan solutions, allowing them to easily adjust their monthly payment and due dates to meet their personal needs.
