GCash parent Mynt secures fresh investments; company valued at USD5 billion
Globe Fintech Innovations, Inc., the parent company of GCash and better known as Mynt, has secured significant new investments from Ayala Corp. and Mitsubishi UFJ Financial Group of Japan, effectively valuing the financial technology company at USD5 billion compared with only USD2 billion in 2021.
ADB backs PH transport projects with solid advisory services
The Asian Development Bank (ADB) has agreed to take on an advisory role in key projects meant to boost the delivery of transport services in the country.
SMPC reports 41% decline in Q2 earnings to P6.0B;H1 net income falls 34% to P12.6B
Integrated energy company Semirara Mining and Power Corporation (SMPC) posted a 41-percent drop in second-quarter earnings to slightly over P6.0 billion from P10.2 billion...
PayMongo partners with YelloX to strengthen supply chain enterprises
PayMongo, a leading digital financial services company, partnered recently with YelloX, a renowned platform for end-to-end supply chain management, to streamline payment processing and fund management for supply chain enterprises.
BPI plans quarterly sale of SEED bonds
The Bank of the Philippine Islands (BPI) is considering the sale of green or other bonds every quarter as an efficient and cheap source of fresh funds.
