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Philippines' Mynt raises USD 175 mln to build on mobile payments surge thepaypers.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thepaypers.com Daily Mail and Mail on Sunday newspapers.
External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Philippine mobile wallet Gcash raises $175 million 12 January 2021 Source: GCash Globe Fintech Innovations, Inc. ( Mynt ), the Fintech arm of Globe Telecom and operator of the country s preferred mobile wallet in GCash, has attracted fresh capital investment from ASP Philippines LP, a limited partnership fund managed by investment firm Bow Wave Capital Management ( Bow Wave ), to further spur the growth of financial inclusion and the digitization of payments and financial services in the Philippines. Mynt raised over US$175 million in fresh capital from Bow Wave and its existing shareholders in multiple tranches, with post-money valuation of the final tranches at close to US$1 billion. ....
Philippine mobile wallet GCash has raised more than US$175 million in capital from New York-based private equity fund Bow Wave Capital Management, . ....
Philippine mobile wallet GCash has raised more than $175 million in capital from New York-based private equity fund Bow Wave Capital Management, the financial technology arm of Globe Telecom Inc said. ....