Small businesses remain the backbone of Southeast Asia’s economy, generating two out of every three jobs across the region. Yet despite their vital role, micro, small, and medium enterprises (MSMEs) continue to face systemic barriers that hinder their growth—chief among them, limited access to...
Innovative, fresh, and exciting – that’s how Filipinos love their everyday staples such as fashion, pop culture, and sometimes with food. This is exactly what Pauline Arcega had in mind when she started Cloudberry Bakehouse: a fresh start where she could create pastries that truly reflect her...
Ayala Corp., the country’s oldest conglomerate, reported a sharp increase in profits for the first nine months of the year, driven by one-time gain tied to the revaluation of its stake in Gcash owner Mynt. In a disclosure to the Philippine Stock Exchange on Thursday, Nov. 13, the holding company...
The Philippine gaming sector’s high-speed growth was decelerated sharply in the third quarter, with industry-wide gaming revenue (GGR) plateauing at ₱94.51 billion, a nominal decline from ₱94.61 billion a year earlier. In a statement on Tuesday, Nov. 11, Alejandro H. Tengco, Pagcor chairman...
Globe Telecom Inc. reported a 14-percent drop in earnings in the first nine months of the year, amid lower revenues across key segments, with digital wallet GCash remaining a bright spot for the telecommunications giant. In a disclosure to the Philippine Stock Exchange, Globe said its net income...
GCash, the country’s dominant mobile financial application run by fintech giant Mynt, has introduced a new payment solution that allows small businesses to accept credit and debit card payments directly through their smartphones. In a statement on Thursday, Nov. 6, the e-wallet giant said the new...
Fuse Financing, Inc., the lending arm of the Philippines’ leading finance super app and largest cashless ecosystem GCash, underscored the importance of innovative financing structures at the 5th Asia Finance Forum, hosted by the Asian Development Bank (ADB) at its headquarters in Manila. The...
The Cybercrime Investigation and Coordinating Center (CICC), the government unit overseeing cybercrime prevention, rejected reports of a data breach involving mobile wallet giant GCash following its investigation. In a statement, the CICC said it immediately launched an investigation after...
The Securities and Exchange Commission (SEC) has approved a stock split for Globe Fintech Innovations Inc. (Mynt), the owner of GCash, a move intended to lower the per-share price and make the stock more affordable for its long-anticipated initial public offering (IPO). In a disclosure to the...
Mobile wallet giant GCash has denied reports that its users ' personal data was compromised and allegedly sold on the dark web, asserting that its systems remain intact and that no data breach has occurred. In a statement on Monday, Oct. 27, GCash said that initial forensic analysis “shows...
GCash, the country’s largest mobile wallet, is moving to democratize access to stock market debuts by integrating the fully digital Initial Public Offering (IPO) subscription feature within its GStocks PH platform. In a statement on Wednesday, Oct. 22, GCash said the move, in partnership with...
October is shaping up to be an exciting month as GCash, the Philippines’ leading finance super app, celebrates its birthday! Marking another year of empowering Filipinos through digital finance, GCash is kicking off the celebration packed with exciting surprises and special treats for its users....