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.
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 2,500 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.
"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.
Skyro is a fintech company duly licensed and
supervised by the Securities and Exchange Commission (SEC). To learn more about
digital financial products from Skyro, visit its official website www.skyro.ph. Follow its official Facebook and Instagram accounts to know more about its latest promos and
offerings.
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About
Skyro
Skyro is a fast-growing fintech company based in
the Philippines, 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. Launched in August 2022, Skyro
has since grown to encompass over 2,500 partner merchant stores and serve nearly 200,000 customers
in just under two years of operations in the country.
Focused
primarily on digital consumer lending products, Skyro has rapidly emerged as a
trusted name in the Philippines, catering to the evolving needs of the market.
It is backed by Breeze Ventures, a Singapore-based global fintech venture that
is expanding into the fast-growing and emerging markets in Southeast Asia.
Skyro's local operations are powered by
Advanced Financial Solutions, Inc. and Jungle Lending, Inc., which are
regulated by the Securities and Exchange Commission of the Philippines. Learn
more about Skyro through www.skyro.ph
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