By Yantoultra Ngui

SINGAPORE, Jan 17 (Reuters) - Global investment firm KKR

has appointed Goldman Sachs ( GS ) for the sale of its

significant minority stake in Philippine fintech company Maya,

according to two sources with knowledge of the matter.

New York-headquartered KKR owns more than 20% of Maya and

the potential sale, if it goes through, could value Maya at more

than $2 billion, one of the sources said.

The sources declined to be named as the matter was private.

Maya said it was unable to comment and referred Reuters'

request to KKR.

KKR and Goldman declined to comment.

Maya is an all-in-one money app, where it offers digital

payment and banking services including bill payments,

remittances, savings, investments and cryptocurrency. Its Maya

Bank is the top digital bank in the Philippines with a customer

base of 5.4 million.

Maya's last significant fundraising round was in April 2022

when it raised $210 million to fund its digital banking venture

and other services like cryptocurrency and micro-investments,

valuing the company at $1.4 billion.

KKR invested in Maya, formerly known as Voyager Innovations,

in October 2018 when KKR and Tencent Holdings ( TCTZF )

separately subscribed to a total of up to $175 million worth of

new shares.

That investment marked KKR's first private equity investment

in the Philippines and came as part of its strategy to invest in

high-growth markets driven by a rapid increase in technology

adoption.

Maya closed 2024 with 39 billion Philippine peso ($665.87

million) in deposit balances and 68 billion peso in loan

disbursements in a single year.

Since 2022, the digital bank has disbursed a total of 92

billion peso in loans.

($1 = 1.3665 Singapore dollars)

($1 = 58.5700 Philippine pesos)

(Reporting by Yantoultra Ngui in Singapore; Additional

reporting by Karen Lema in Manila; Editing by Mrigank Dhaniwala)