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KKR-Backed Philippine Fintech Firm Maya Weighs Raising Fresh Funds, Sources Say

  • Fundraising to boost Maya’s valuation closer to $2 billion
  • Other financial institutions and funds have shown interest
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Maya, a financial technology firm in the Philippines, is considering raising about $150 million from investors to boost its growth, according to people familiar with the matter.

The digital payments and banking company is working with financial advisers in a fundraising deal that could bring its valuation closer to about $2 billion, the people said, asking not to be identified because the matter is private. A round could help pave the way toward a potential initial public offering for the PLDT Inc.-backed company in the coming years, the people said.