Tagged: mynt

Philippines: Warren Buffett-backed Mitsubishi Acquires Stake in GCash Parent Mynt for $320 Million

Mitsubishi Corporation, backed by Warrent Buffett, is set to acquire approximately 6.5% of Global Fintech Innovations Inc (Mynt), the parent company of the Philippines’ major finance super app GCash, according to regulatory filings. In a disclosure to The Philippine Stock Exchange, conglomerate Ayala Corporation announced… Read More

Philippines: Ayala and MUFG Invest in GCash Operator Mynt, Pushing Its Valuation Over $5bn

Globe Fintech Innovations, Inc. (Mynt), the operator of the Philippines’ leading finance super app GCash, has elevated its market position with fresh investments from Ayala Corporation and Mitsubishi UFJ Financial Group (MUFG), boosting its valuation to an impressive $5 billion. This new valuation marks a… Read More

Philippines: GCash Operator Mynt Acquires Payments Firm ECPay for $40m

Globe Fintech Innovations, Inc (Mynt), the parent company of the most popular e-wallet in the Philippines GCash, is acquiring Electronic Commerce Payments Inc (ECPay) for about $40 million, according to a disclosure Monday. In a statement, Globe Telecom, the parent company of Mynt, said it… Read More

Brazilian Brokerage XP Adds Bitcoin, Ethereum Trading, BTG Pactual’s Mynt Platform Now Live

XTAGE, a digital asset trading platform created by Brazilian brokerage XP (Nasdaq: XP), has launched trading of Bitcoin and Ethereum, according to multiple reports. The creation of XTAGE was announced this past May as a collaboration with Nasdaq. At that time, Lucas Rabechini, Director of… Read More

GCash, a Philippines based Mobile Wallet from Fintech Mynt, Now Claims 60 Million+ Registered Users

GCash, a Philippines based mobile wallet that’s operated by Mynt under Globe’s corporate venture builder 917Ventures, recently revealed that it now has more than 60 million registered users and over 5 million merchants across the country. As noted in the update, GCash stated that that… Read More

Philippines based Fintech Mynt Secures $300M from Warburg Pincus, Insight Partners, Bow Wave

Mynt, the Philippines-based digital financial solutions provider and the firm behind the GCash payment services app, has secured more than $300 million in capital, valuing Mynt at more than $2 billion. As mentioned in a release, this solidifies the firm’s status as the Philippines‘ only… 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

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

Fuse, Lending Arm of Filipino Financial technology Firm Mynt, Powers Up with Mambu

SaaS banking platform Mambu has inked an agreemenet with Fuse, the lending side of Filipino Fintech firm Mynt. Mynt is part of a bigger company – leading Philippine telecom company Globe Telecom which happens to have has a customer base of over 60 million users…. Read More

Alibaba Subsidiary Ant Financial Invests in Mynt

Ant Financial Services Group, a leading digital financial services provider and part of the Alibaba family of businesses, has invested in Mynt or Globe Fintech Innovations – part of Globe Capital Venture Holdings (GCVHI). Mynt is part of Globe Telecom the leading Philippine mobile operator. Ayala Corporation,… Read More

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