Philippine digital bank Maya is exploring an initial public offering (IPO) in the United States, planning to raise up to $1 billion. The company is currently working with advisors to advance the deal. Maya holds a digital banking license issued by the Central Bank of the Philippines and offers savings accounts, consumer loans, payments, and merchant services through its app. In addition to its core banking business, Maya also offers in-app cryptocurrency trading services under a regulated virtual asset service provider framework. Choosing a US listing could provide Maya with a deeper capital pool and a broader institutional investor base. Local observers say investors will weigh the company's banking fundamentals against its crypto compliance.