Skyro has rolled out its reusable digital credit line, SkyroCredit, across the Philippines, expanding its consumer finance offering beyond point-of-sale lending, cash loans and buy now, pay later (BNPL) products as it looks to deepen financial inclusion and support everyday spending.
The nationwide launch follows a pilot programme that attracted more than 100,000 users, who used the digital credit line for routine purchases including groceries, medicines, fuel and dining.
Unlike traditional credit cards, SkyroCredit operates entirely through the Skyro mobile app without issuing a physical card or relying on Visa or Mastercard payment networks. Once approved, customers can access a revolving credit line that can be used by scanning the Philippines’ QR Ph payment standard, accepted at more than 90% of merchant outlets nationwide. Participating retailers include SM, Mercury Drug, Watsons, Jollibee, McDonald’s and DALI Supermarket.
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The product enables customers to borrow against an approved credit limit, repay the amount used and access the same credit line again without submitting a new application.
The launch marks the latest step in Skyro’s broader ambitions to expand its digital lending ecosystem while exploring opportunities across Southeast Asia, where access to formal financial services remains uneven.
“Our goal is to provide access to affordable credit for underserved communities across Southeast Asia at a time when everyday expenses continue to rise and consumers’ financial priorities are evolving,” said Nasim Aliev, co-founder of Skyro.
“Today’s consumers need financial solutions built around real-life spending needs and changing financial priorities. With SkyroCredit, we bring flexible financial solutions to our customers’ fingertips. The credit line offers all the benefits of flexibility, including an interest-free grace period. This provides customers with maximum convenience for everyday use while even allowing them to save money through cashback.”
Eligible users receive an initial credit limit of between 1,000 pesos (US$16) and 10,000 pesos (US$160), with the potential to increase this to as much as 100,000 pesos (US$1,600) through responsible repayment behaviour. Purchases carry an interest-free period of up to 45 days, while every transaction earns 1% cashback that can be redeemed through the app.
Skyro said the new offering complements its existing portfolio of financial products while encouraging long-term customer engagement through repeated use.
“By expanding our portfolio of point-of-sale loans, cash loans, and BNPL products to include flexible credit lines, we are building long-term customer relationships based on everyday use, responsible borrowing, and trust,” Aliev added.
The company believes reusable digital credit could help address one of Southeast Asia’s biggest financial inclusion gaps. According to the Bangko Sentral ng Pilipinas, only around half of Filipino adults have a formal financial account, leaving significant scope for alternative digital financial services.
Founded as a digital-first fintech platform, Skyro says it now serves more than one million active customers in the Philippines, supported by a credit portfolio exceeding US$200 million.
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