Japan’s Mitsubishi UFJ Financial Group (MUFG) has finalized a $400 million investment in the parent company of GCash, the Philippines’ leading e-wallet, raising its valuation to $5 billion. In a disclosure to the Philippine Stock Exchange (PSE), Globe Telecom said that Globe Fintech Innovations...
Mitsubishi UFJ Financial Group (MUFG) and Ayala Corporation are acquiring fresh stakes in Globe Fintech Innovations, Inc. (Mynt), in a deal that more than doubled the valuation of the parent company of GCash to $5 billion (P286.4 billion) from $2 billion in 2021. In disclosures to the Philippine...
As the country boosts its efforts toward energy security, President Ferdinand "Bongbong" Marcos Jr. welcomed the commitment of a Japanese financial services company to helping the Philippines bridge its transition from fossil fuel to renewable energy. *President Ferdinand 'Bongbong' Marcos Jr....