GCash’s record quarter shows Mynt is now a lender that happens to run a wallet

Three weeks after a stock market debut that ended flat, Mynt has handed investors the number they were told to wait for. The parent of GCash, the Philippines’s dominant e-wallet, said its third-quarter revenue hit ₱24.0 billion (about US$400 million), up 16.6 per cent year-on-year and the highest in its history. The timing matters. When […] The post GCash’s record quarter shows Mynt is now a lender that happens to run a wallet appeared first on e27.

NewsBeagle is a discovery engine. We show the headline, a short source-supplied summary and clear attribution. The complete reporting remains with the publisher.