Tagged: gcash

GCash Introduces Online Shopping Protection with Southeast Asian Insurtech Firm Igloo

Philippines’ digital wallet provider GCash has introduced an online shopping insurance option – underwritten by PGA Sompo – with Singapore-based Insurtech Igloo, in order to protect its growing online client base. As mentioned in a release shared with CI, this launch and partnership come at… Read More

Philippines based Mobile Wallet Fintech GCash Reports Steady Growth in Business

GCash, a leading mobile wallet provider in the Philippines, reports steady growth as it saw a significant rise in its number of users from 20 million in January 2020 to 46 million in June 2021, according to a release. The GCash app also had more… Read More

Mobile Wallet Provider GCash Partners Philippines based Fintech Ayannah to Provide Accessible Financial Services

Mobile wallet provider GCash has teamed up with Fintech firm Ayannah, a Philippines-based startup that aims to offer affordable and more accessible digital financial services. Through the partnership, the companies will be introducing GCash Padala. GCash Padala, a new remittance service, should enable GCash’s 40… Read More

Fintech Funding: 13 $100 Million+ Mega-Rounds worth $2.7 Billion (in total) Completed by Fintechs so far in 2021

This month (January 2021) has already been huge in terms of Fintech fundraising, with notably 13 mega-rounds valued at $100 million (or more) having been completed to start off the new year. These companies have acquired approximately $2.746 billion in capital. This figure does not… Read More

Operator of Digital Payments Wallet GCash Secures Fresh Investment From Investment From Bow Wave

  Globe Fintech Innovations, Inc. (Mynt), the Fintech arm of Globe Telecom and operator of the country’s preferred mobile wallet in GCash, announced on Friday it has attracted fresh capital investment from ASP Philippines LP, a limited partnership fund managed by investment firm Bow Wave… Read More

Philippines based Digital Wallet GCash Reaches PHP 1 Trillion in Total Transactions During the Past Year

Philippines-based digital wallet GCash reportedly reached PHP 1 trillion (appr. $20.8 billion) in total transactions for the year 2020, which represents a 254% year-over-year (YoY) increase in transfers. Globe Fintech Innovations Inc. (Mynt), which manages GCash, is part of the portfolio firms of 917Ventures (one… Read More

Digital Payments Wallet GCash Chosen by Technical Education and Skills Development Authority in Philippines to Distribute Training Subsidies

Mobile payments wallet provider GCash has reportedly been chosen by the Technical Education and Skills Development Authority (TESDA) in the Philippines to distribute funding for training to local residents. TESDA has joined many other businesses and organizations that are using the GCash platform to carry… Read More

Fintech JazzyPay Partners Digital Wallet Provider GCash to Offer Cashless Payments Options to Essential Businesses in the Philippines

Fintech firm JazzyPay, which is based in the Philippines, has teamed up with digital wallet provider GCash in order to offer cashless payment options to essential service providers in the country. The GCash payments platform has been integrated into JazzyPay’s PCI DSS Level 1 compliant… Read More

Fintech has Emerged as a “Game Changer” during COVID-19 for Consumers in the Philippines, Traditional Businesses Must Catch Up, Industry Exec Argues

Ney Villasenor, the VP and chief corporate affairs officer at GCash, a Fintech company that facilitates fast and secure mobile payments, has noted that there’s no doubt that COVID-19 has made Fintech services essential for people residing in the Philippines. Villasenor pointed out that cash… Read More

MoneyGram & GCash Launch Money Transfer Service in the Philippines

Just a little over a month after announcing it was extended its digital money transfer services in five new countries, MoneyGram (NASDAQ: MGI) announced it has joined forces with GCash to launch a new money transfer service to more than 10 million GCash mobile wallets in the… Read More

AlipayHK Teams Up With GCash to Launch Cross-Border Remittance Service

AlipayHK and GCash today announced on Monday the launch of a cross-border remittance service through their e-wallet platforms. The new service is reportedly powered by cutting-edge blockchain technology developed by Alipay, an online payment platform that’s operated by Ant Financial Services Group. Both companies claimed that… Read More

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