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
Read more in: Fintech, Asia | Tagged Ayala Corporation, fintech, gcash, Mitsubishi Corporation, mynt, payments, Philippines