Globe Telecom's Mynt, which operates mobile wallet app GCash, becomes the first tech unicorn in the Philippines after raising over $300M at a $2B+ valuation
the fintech backed by Alibaba's Ant Group BUT Mynt is really a corporate play since it span out of Globe Telecom Still, progress for a country that has lagged its peers with startup creation and investment https://www.dealstreetasia.com/ ... @arnold : I've used this service to send money to family in the Philippines. They're charged $0.50 to send/receive using GCash (attached to their cell). Extra useful for people without bank accounts but have cellphones (everyone there has a cellphone). https://twitter.com/...
The Philippines now has its first unicorn: Mynt—the fintech backed by Alibaba's Ant Group BUT Mynt is really a corporate play since it span out of Globe Telecom Still, progress for a country that has lagged its peers with startup creation and investment https://www.dealstreetasia…
I've used this service to send money to family in the Philippines. They're charged $0.50 to send/receive using GCash (attached to their cell). Extra useful for people without bank accounts but have cellphones (everyone there has a cellphone). https://twitter.com/...