JUST four years after entering the Philippine market, Skyro, an SEC-registered financial lending company, has reached two million product loan transactions. The milestone comes as the company continues to rapidly expand its merchant network, now working with more than 10,000 partner stores and over 3,000 online and offline merchant partners.
Today, Skyro powers financing for many of the country’s most trusted retail brands such as Abenson, Robinsons Appliances, and EMCOR, as well as leading global smartphone brands including HONOR, TECNO, and Infinix. Alongside these partners, thousands of SMEs contribute more than 60% of Skyro’s sales volume, reflecting their important role in the company’s continued growth.
By offering Skyro’s financing solutions at the point of purchase, partner merchants have improved sales conversion and reached consumers who may not have sufficient cash on hand for immediate purchases. In its early years, the company has supported thousands of businesses, increasing partner store sales by at least 30% and reinforcing financing as a key driver of merchant growth.
For Skyro co-founder and co-CEO Nasim Aliev, the two-million product loan transaction milestone reflects a broader shift in how Filipinos access financial services. As more consumers use financing for everyday purchases, Skyro sees an opportunity to bring more people into the formal financial system through transparent, responsible, and technology-driven credit solutions.
“Two million product loan transactions represent more than a milestone. They reflect the trust our customers and merchant partners have placed in Skyro. That trust inspires us to keep innovating, and as the financial landscape continues to evolve, we’ll continue building financial solutions that meet the changing needs of Filipinos,” Aliev said.
Beyond supporting SMEs, Skyro has also strengthened long-term partnerships with many of the country’s leading retailers, expanding access to financing across both physical stores and digital channels. Through competitive financing offers, including zero down payment, 0% interest promotions, and flexible payment options, Skyro helps more Filipinos access the products they need while creating value for merchant partners.
Powered by intelligent risk models, the company can offer more personalized financing to customers based on their credit profile, rewarding responsible borrowers while helping first-time and underserved customers build a stronger credit history. As Skyro continues to grow, the company aims to expand into more communities, reach more customers nationwide, and continuously enhance its products and services to make financing even more accessible and relevant to everyday life.
Aliev said the milestone also reinforces Skyro’s mission of expanding financial inclusion. As many customers are first-time borrowers, each approved loan gives more Filipinos an opportunity to enter the formal financial system, build a credit history, and develop responsible borrowing habits.
He also credited Skyro’s employees for making the milestone possible. “Behind every one of these two million product loan transactions is a team that believes in making financial opportunities more accessible for Filipinos. This achievement reflects the passion, resilience, and customer-first mindset of every Skyro employee, whose dedication continues to earn the trust of our merchant partners and customers,” Aliev added.
Looking ahead, Skyro aims to continue transforming the consumer lending landscape by making credit more accessible, secure, and seamlessly integrated into everyday life. The company will continue investing in technology, data capabilities, and product innovation while expanding its merchant ecosystem and bringing responsible financing to more underserved communities across the Philippines.
“Our ambition goes beyond growth. We want to redefine how Filipinos experience credit by making financial products simpler, more accessible, and easier to use. At the same time, we will continue investing in technology, security, and operational excellence to deliver one of the safest and most trusted financing experiences in the market. As we continue to grow, our commitment to responsible lending and customer trust will remain at the center of everything we do,” said Arsen Lyametov, co-founder and co-CEO of Skyro.
