GCash
Ayala acquires additional 8 percent stake in Mynt for $394.54M
The Philippines-based conglomerate Ayala Corporation has acquired additional 8 percent stake in Globe Fintech Innovations, Inc. (Mynt), the parent company of the finance super app and digital cashless ecosystem GCash in the Philippines, for PHP 22.9 billion ($394.54 million).
August 2, 2024
News,Blockchain / Crypto,Philippines,FinTech
GCash partners PayPal to launch stablecoin in the Philippines
GCash, a finance super app based in the Philippines, has partnered global payment firm PayPal to launch stablecoin in the Philippines. PayPal’s stablecoin PayPal USD (PYUSD) is now available in the Philippine market through GCash.
August 1, 2024
News,Philippines,FinTech,AgriTech
Philippines-based finance app GCash enters agrifintech with agri-fisheries platform Mayani
Philippines-based finance app GCash – operated by the country’s fintech firm Mynt – has entered agrifintech through a strategic bid with Mayani, an agri-fisheries platform connecting smallholder farmers and fishers to buyers, to tackle the nation’s elusive phenomenon of rural financial inclusion.
November 28, 2023
GCash parent Mynt acquires ECPay for $40.6M – report
The acquisition will help GCash improve its services in the fintech space and further democratize financial access, Globe said.
October 3, 2023
News,Philippines,FinTech,Investments
Mynt secures $300M funding from lead investors Warburg Pincus, Insight Partners and Bow Wave, now valued at over $2B
Since the onset of community quarantines as a response to COVID-19, Mynt has been at the forefront of the digital transformation of Filipinos as the 'go-to' payment and financial services solution to over 48 million users, nearly half of the national population. With the continued relevance of the app among its users, Mynt is on track to reach PHP 3…
November 2, 2021
Ant Group-backed Mynt targets unicorn status as it seeks additional funding after $175M investment
After closing a $175 million private equity funding from the New York-based Bow Wave Capital Management, Mynt, also known as Globe FinTech Innovations, seeks to raise more funds to reach unicorn status.
January 22, 2021
Philippines mobile wallet GCash secures $175 million investment amid rising demand for digital payments
GCash has reportedly facilitated over $20.78 billion (PhP1 trillion) in in-app transactions in 2020 and grew its customer based to 33 million, amid increased demand for online payments and money transfer transactions during the COVID-19 pandemic
January 8, 2021
Petronas partners ESA, AWS for AI technologies in exploration
November 7, 2024
Petronas partners ESA, AWS for AI technologies in exploration
November 7, 2024