Connect with us

Hi, what are you looking for?

HEADLINES

Skyro reports 2023 performance

Skyro is committed to empowering more Filipinos by offering a range of digital consumer finance products such as product loans, cash loans, and other lending products designed to meet the diverse financial needs of Filipino consumers.

Skyro, a fintech provider in the Philippines, continues its commitment to transform the local financial landscape by delivering accessible and affordable digital financial solutions to Filipinos.

Skyro is committed to empowering more Filipinos by offering a range of digital consumer finance products such as product loans, cash loans, and other lending products designed to meet the diverse financial needs of Filipino consumers. These solutions offer a streamlined process, competitive rates, and diverse payment options, providing customers with flexibility and convenience.

Achievements and Business Performance in 2023

In just under two years since its inception as a fintech startup, Skyro has achieved significant milestones and business performance in the fintech industry by the end of last year.

Advertisement. Scroll to continue reading.

Skyro has recorded significant growth in both applications and usage as it gains traction among new markets and diverse user groups. Notably, in 2023 alone, Skyro achieved an average Compound Monthly Growth Rate of 50%, a testament to the rapid trust and adoption placed in the company’s innovative financial solutions.

Skyro’s mobile app had an increase in its number of new and active users by 82.5%, leading to a proportional rise in total app downloads and usage. The brand has grown its network with over 500 partner merchants and a presence in over 2500 stores nationwide. It has also expanded its workforce from less than a hundred to more than a thousand employees.

Its product loan solution has shown exceptional growth in 2023, generating substantial results more than its initial value. Similarly, the cross-sell products have delivered remarkable outcomes in usage.

Outstanding Performance Under Expert Leadership

Skyro’s co-founders and co-CEOs Nasim Aliev and Arsen Liametov have been instrumental in the company’s growth and success. 

With a strong experience in financial technology and business development, Aliev oversees key areas such as sales, partnerships, marketing, and customer acquisition, garnering trust from both customers and partners. On the other hand, Liametov is focused on optimizing Skyro’s offerings, utilizing his extensive understanding of fintech products and operations. His main areas of expertise include ensuring smooth integration and efficient functioning of Skyro’s digital services, all with the goal of meeting market demands while delivering maximum value to Filipino customers.

Advertisement. Scroll to continue reading.

“At Skyro, our mission is to bring joy into every interaction our customers have with our financial products,” shared Nasim Aliev. “We prioritize accessibility, simplicity, and flexibility, supported by an exceptional customer experience. By leveraging a compelling model, we’ve managed to reduce risk two-fold while achieving profitability, showcasing our strategic foresight and commitment to sustainable growth. We want to create a future where every Filipino has access to the right financial tools and knowledge for achieving success.”

Liametov added, “Our dedication to innovation and customer satisfaction remains unwavering. With a focus on continuous improvement and expansion, we’re poised to reach new heights in 2024 and beyond. Skyro is committed to empowering individuals with the financial solutions that would cater to their ever-evolving needs and lifestyles.”

Looking ahead to the rest of 2024, Liametov said, “As we anticipate the year ahead, we’re filled with optimism, expecting even greater growth and impact for Skyro.”

Skyro aims to continue its impressive trajectory into 2024, with expectations of tripling its growth and onboarding half a million customers by the year’s end. This ambitious goal underscores Skyro’s commitment to expanding its reach and impact in the digital financial landscape of the Philippines, further solidifying its position as a key player in the industry’s evolution.

Advertisement. Scroll to continue reading.
Advertisement
Advertisement
Advertisement

Like Us On Facebook

You May Also Like

HEADLINES

DITO Telecommunity launched a new campaign, DITO SA PUSO KO, featuring celebrities Dingdong Dantes and Marian Rivera of the film “Rewind”. This comes after the...

HEADLINES

TP-Link, a player in networking products and technologies, recognizes the potential of WiFi 7 in transforming the digital landscape. As such, TP-Link is proud...

HEADLINES

“We at the Converge are happy to partner with the BIR and provide connectivity services to our taxpayers during this busy time of the year,”...

HEADLINES

Radenta introduced the Fable Explore 2.5 Educational Modular Robot at the recent National Annual Convergence of the Federation of Association of Private Schools Administrators...

ELECTRONICS

The new BRAVIA Theater line-up includes the BRAVIA Theater Bar 9 and BRAVIA Theater Bar 8 soundbars, BRAVIA Theater Quad surround system, and the BRAVIA Theater U neckband speaker. With BRAVIA Theater,...

HEADLINES

Citizens will have a range of payment options to choose from including E-Wallets (GCash, Maya, GrabPay, and ShopeePay); Credit/Debit Cards (Mastercard, Visa, JCB), Bank...

HEADLINES

A key finding was that 68% of respondents see the greatest potential for growth in Southeast Asian countries such as Thailand, Vietnam, and Indonesia....

HEADLINES

The collaboration will bring together the global scale, security and advanced computing capabilities of Microsoft Azure with NVIDIA DGX Cloud and the NVIDIA Clara suite of computing platforms, software and...

Advertisement