Mynt, the parent company of GCash, is pushing to expand financial access to the masses through its growing suite of payments, lending, wealth, and insurance services, as digital finance becomes more embedded in daily life.
“Our growth momentum continues as digital finance becomes more embedded in daily life,” Mynt president and CEO Martha Sazon said on Monday.
Doubling down on financial access to the masses
“We are doubling down on expanding financial access to the masses through everyday payments, fair lending, and inclusive wealth and insurance products,” informed Sazon.
Last year, Mynt’s attributable equity earnings to Globe reached P6.1 billion, up 64 percent year-on-year, driven by continued expansion in its core payments and lending businesses.
GCash mobile wallet operator G-Xchange, Inc., meanwhile, expanded financial access by partnering with the government to modernize payments in the transport sector, starting with Metro Manila’s major rail and bus systems, which now accept card, QR and NFC payments.
The rollout was supported by the launch of Tap to Pay, a next-generation NFC solution enabling secure, contactless payments across 150 million merchants worldwide.