Wallets
GCash Surpasses PHP 500 Billion in Gross Transaction Value
Philippines’ mobile wallet GCash announced that it had surpassed PHP 500 billion in Gross Transaction Value (GTV) in March 2022. GCash said that it has daily logins and transactions of up to 29 million and 19 million respectively. To date,
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Mynt Secures US$300 Million in Funding, Doubling Its Valuation to US$2 Billion
Mynt, the holding company of Globe’s fintech arm managing the GCash e-wallet, has raised over US$300 million in funding, valuing the company at over US$2 billion. The company was the only Philippines startup that made it onto Credit Suisse’s list
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Mynt Emerges as Lone Filipino Startup on Credit Suisse’s ASEAN Unicorn List
Mynt, the holding company of Globe’s fintech arm managing the GCash e-wallet, is the lone Philippines startup that made it onto Credit Suisse’s list of 35 unicorns in Southeast Asia. Credit Suisse’s list highlights technology companies in several industries and
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PayMaya Teams up With bolttech to Offer Microinsurance for Filipinos
Philippines digital wallet PayMaya has teamed up with Singaporean insurtech bolttech to give Filipinos easier access to affordable microinsurance and services products. Through the collaboration, PayMaya’s customers can benefit from relevant and easy-to-understand coverage with the in-app Protect feature, powered
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GCash Partners Ayannah To Roll Out New Remittance Service ‘GCash Padala’
Mobile wallet GCash has partnered with leading fintech Ayannah, a Filipino fintech startup that provides affordable and accessible digital financial services, to launch GCash Padala. The new remittance service will allow GCash’s more than 40 million users to send money
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PayMaya Emerges as the First Fintech to Integrate the QR Ph Payment Option
PayMaya, a mobile wallet under the purview of PLDT, has become the first fintech company to adopt QR Ph for merchants that was launched by the Bangko Sentral ng Pilipinas (BSP) in cooperation with BancNet and the Philippine Payments Management.
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AirAsia Philippines Offers Digital Payment Options by GCash and PayMaya
AirAsia is providing its customers with contactless payment options by partnering with GCash and PayMaya. The digital payment option has been available in AirAsia Philippines’ on ground stations since the 1st February 2021. Customers can use their e-wallets for cashless
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GCash Inches Closer to Unicorn Status With $175 Million Capital Raise
Globe Fintech Innovations, Inc. (Mynt), the fintech arm of Globe Telecom and operator of e-wallet GCash, raised over $175 million in fresh capital and inches closer towards achieving unicorn status with a post-valuation close to the $1 billion mark. The
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GCash E-Wallet Hits PHP 1 Trillion in Transactions in 2020
Philippine mobile money wallet GCash has hit PHP 1 trillion in transactions for the year 2020, recording a 254% year-over-year (YoY) growth. Globe Fintech Innovations Inc. (Mynt), which operates GCash, is part of the portfolio companies of 917Ventures, the largest
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JazzyPay and GCash to Provide Cashless Payment Option for Essential Businesses
Philippine fintech startup JazzyPay has partnered with e-wallet GCash to provide cashless payment solutions to essential businesses. The GCash payment facility is now directly integrated into JazzyPay’s PCI DSS Level 1 compliant platform as a payment method for hospitals, clinics, schools,
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