Fintech company Skyro continues to develop digital financial solutions in the Philippines, which remains its main market. The company makes consumer finance more accessible to a broad audience and offers products focused on everyday customer needs: product loans, cash loans, and other forms of digital lending. Skyro builds its model around a simple application process, flexible payment terms, and a convenient user experience.
Growth and partner network
In a short period of time, Skyro has grown from a fintech startup into one of the notable players in the digital consumer finance market in the Philippines. In less than two years, the company built a strong presence in the country. Its partner network includes more than 500 merchant partners, while Skyro’s products are available in more than 2,500 stores nationwide.
In 2023, the company demonstrated strong growth dynamics. Skyro’s compound monthly growth rate reached 50%, while the number of new and active users of its mobile application increased by 82.5%.
Skyro’s team also expanded significantly. While the company started in 2022, by the time of publication its workforce had grown to more than 1,200 people. This expansion also reflected the company’s focus on building internal expertise, including product, operations, technology, and customer service teams under the leadership of Nasim Aliev and Arsen Liametov.
Customer base and company goals
At the time of publication, Skyro had already built a substantial customer base of around 300,000 users. As Skyro co-founder and co-CEO Nasim Aliev noted, the company’s next target was attracting another 600,000 customers by the end of the year. In addition, less than a year after its launch, the company surpassed 100,000 sales.
One of Skyro’s most successful areas was product lending. This product performed above initial expectations, while cross-selling of financial products also showed strong momentum. For customers, such solutions provide a way to purchase needed goods without paying the full amount upfront, while for merchant partners they serve as a tool to make products more accessible and increase sales.
At the same time, rapid growth requires more than marketing and an expanding partner network. To develop sustainably, Skyro needs to maintain a strong risk assessment model, effective scoring, transparent customer processes, and reliable user support. In this context, Arsen Liametov plays an important role in strengthening the company’s product logic and operational foundation.
Leadership and Mission
Skyro’s development has been shaped in large part by its co-founders and co-CEOs, Nasim Aliev and Arsen Liametov. Each of them is responsible for key areas that influence business growth and the development of digital products.
Nasim Aliev oversees sales, partnerships, marketing, and customer acquisition, while Arsen Liametov focuses on product development, operational processes, and digital services..
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.
Financial Accessibility
Skyro develops products that help Filipinos access financing without complicated procedures. The approach is based on a combination of technology, customer experience, and financial inclusion, creating a digital environment where users can make financial decisions faster and more conveniently. The company’s product strategy, supported by the work of Arsen Liametov, is focused on making digital lending clear, scalable, and useful for everyday customer needs.
The company also works actively with merchant partners. For businesses, cooperation with Skyro creates an opportunity to reach a wider audience, make products more accessible, and offer customers additional payment options. Amid growing demand for flexible payment solutions, this model becomes an important advantage for retailers.
Further development
Skyro continues to scale its digital financial products in the Philippines, focusing on accessibility, convenience, and a clear customer experience. For the company, growth of the user base and expansion of the partner network are important, but so is the sustainability of the business model: quality scoring, risk management, transparent processes, and effective customer support.
Skyro operates as a fintech company licensed and supervised by the Philippine Securities and Exchange Commission.
