Skyro, one of the Philippines’ fastest-growing fintech companies, has announced a strategic partnership with Paynamics, a leading payment provider, to bring flexible and affordable Buy Now, Pay Later (BNPL) options to a broader range of customers. The collaboration marks a significant expansion of Skyro’s footprint, extending beyond major retail outlets to Paynamics’ vast network of online merchants, including top e-commerce platforms, airlines, hotels, and insurance providers.
Skyro’s head of POS business, Lowen Medina, emphasized that the goal is to empower Filipinos to achieve their financial dreams by offering flexible lending solutions that cater to a wide variety of consumer needs. “Our vision is for Filipinos to enjoy a life they’ve always dreamed of,” Medina said, underscoring the potential for the partnership to reshape the local retail and service landscape.
Mylene Chua-Magleo, co-founder and CEO of Paynamics, added that the partnership is aligned with the company’s mission to support Filipino businesses and make essential financial products more accessible. “Together, we bring stronger cash flow to businesses while offering customers flexible payment options,” she said, highlighting the broader goal of fostering a more inclusive and digitally empowered economy.
Launched in August 2022, Skyro’s BNPL service boasts of 80 percent approval rate, offering Filipino consumers easy access to loans with flexible payment terms tailored to their personal needs. The collaboration with Paynamics aims to make these financial solutions available to even more customers across various sectors.
