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Mynt raises $175 mln, aims to ‘democratize’ payment access in Philippines

Operator of GCash mobile wallet says the multiple-tranche investment takes its post-money valuation in the final tranches to near $1 billion.
Mynt raises $175 mln, aims to ‘democratize’ payment access in Philippines

Philippine fintech Globe Fintech Innovations, operator of the GCash mobile wallet app that is also known as Mynt, has secured $175 million in funding as it seeks to spur growth in digital payments and financial services.

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