|
Cements Role in Driving an Inclusive Digital Economy in the Southeast Asian Nation
MANILA, Philippines, May 18, 2026 /PRNewswire/ -- Mynt, Inc., the parent company of the Philippines' number one finance superapp, GCash, continued to deliver sustainable growth in the first three months of 2026 as it cements its key role in building an inclusive digital financial system.
For the quarter ending March 2026, Mynt's income attributable to one of its major shareholders, Globe Telecom, surged to PHP 1.9 billion, representing a 120% increase over the previous quarter.
"Our latest results are a clear signal that GCash is no longer just a digital wallet, but a primary engine of the Philippines' digital economy. The quarterly growth reflects our success in scaling high-impact services like lending and wealth management while staying true to our mission of financial inclusion," said Martha Sazon, President and CEO of Mynt.
Scaling Daily Utility
Mynt has deepened its integration into the daily lives of Filipinos as it remains to be the top InstaPay destination by transaction volume according to the latest data of the Philippine Payments Management Inc. (PPMI).
Amidst global uncertainties, GCash strengthened its role as a lifeline and companion for millions of its users—waiving transaction fees for both inbound and outbound remittances for overseas Filipinos in the Middle East. It also worked closely with the government to enable fast and efficient delivery of fuel subsidies.
Powering Credit and Wealth with Tech
Fuse Financing, Inc, continued to expand access to fair lending, with life-to-date loan disbursements reaching PHP 406 billion, a 60% increase year on year. By utilizing GScore—a proprietary trust scoring system—Fuse has provided fair credit to over 11.1 million unique borrowers who were previously underserved by traditional banks.
Simultaneously, GCash is democratizing investments and protection. GStocks PH now serves 1.9 million registered investors or an expansion of 64%. GInsure has sold over 192.4 million policies life-to date, a 274% jump year on year.
Building the Future of Fintech
As the Philippines' largest digital ecosystem, GCash remains focused on international expansion and scaling its B2B offerings. It simplifies remittances by now allowing money transfers from GCash to a foreign bank or e-wallet across 16 countries. It's also giving micro, small, and medium enterprises wider access to tools for improved payment processing and operational efficiency.
Cements Role in Driving an Inclusive Digital Economy in the Southeast Asian Nation
MANILA, Philippines, May 18, 2026 /PRNewswire/ -- Mynt, Inc., the parent company of the Philippines' number one finance superapp, GCash, continued to deliver sustainable growth in the first three months of 2026 as it cements its key role in building an inclusive digital financial system.
For the quarter ending March 2026, Mynt's income attributable to one of its major shareholders, Globe Telecom, surged to PHP 1.9 billion, representing a 120% increase over the previous quarter.
"Our latest results are a clear signal that GCash is no longer just a digital wallet, but a primary engine of the Philippines' digital economy. The quarterly growth reflects our success in scaling high-impact services like lending and wealth management while staying true to our mission of financial inclusion," said Martha Sazon, President and CEO of Mynt.
Scaling Daily Utility
Mynt has deepened its integration into the daily lives of Filipinos as it remains to be the top InstaPay destination by transaction volume according to the latest data of the Philippine Payments Management Inc. (PPMI).
Amidst global uncertainties, GCash strengthened its role as a lifeline and companion for millions of its users—waiving transaction fees for both inbound and outbound remittances for overseas Filipinos in the Middle East. It also worked closely with the government to enable fast and efficient delivery of fuel subsidies.
Powering Credit and Wealth with Tech
Fuse Financing, Inc, continued to expand access to fair lending, with life-to-date loan disbursements reaching PHP 406 billion, a 60% increase year on year. By utilizing GScore—a proprietary trust scoring system—Fuse has provided fair credit to over 11.1 million unique borrowers who were previously underserved by traditional banks.
Simultaneously, GCash is democratizing investments and protection. GStocks PH now serves 1.9 million registered investors or an expansion of 64%. GInsure has sold over 192.4 million policies life-to date, a 274% jump year on year.
Building the Future of Fintech
As the Philippines' largest digital ecosystem, GCash remains focused on international expansion and scaling its B2B offerings. It simplifies remittances by now allowing money transfers from GCash to a foreign bank or e-wallet across 16 countries. It's also giving micro, small, and medium enterprises wider access to tools for improved payment processing and operational efficiency.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Top Philippine Fintech Mynt Doubles QoQ Earnings
HONG KONG, May 18, 2026 /PRNewswire/ -- The PolyU Academy for Interdisciplinary Research (PAIR) of The Hong Kong Polytechnic University has joined forces with Cambridge NeuroWorks, UK, made up of nine partners including the University of Cambridge, to launch a new online seminar series in neuroscience. The inaugural seminar, delivered by Prof. Edward CHANG of the University of California, is being held on 27 May 2026.
This strategic partnership brings together institutions with complementary strengths. PAIR is recognised for advancing interdisciplinary research across brain health, biomedical engineering, data science and healthcare innovation, with a strong focus on real-world impact. Cambridge NeuroWorks is a transformative neurotechnology initiative led and hosted by Cambridge University Health Partners (CUHP) and powered by the Advanced Research and Invention Agency (ARIA), the UK's R&D funding agency created to unlock scientific and technological breakthroughs that benefit everyone. It aims to build national translational infrastructure that connects researchers, clinicians, founders, patients and industry to accelerate breakthrough neurotechnology from idea to real-world impact.
The seminar series provides an international platform for researchers, clinicians, students and industry professionals from Hong Kong SAR, UK and beyond to explore emerging ideas and breakthroughs in neuroscience research, technology development and clinical practice through expert-led presentations and cross-disciplinary dialogue. This new collaboration promotes professional exchange, encourages new partnerships and inspires future research opportunities, reflecting both institutions' shared commitment to excellence, innovation and global engagement in improving healthcare and quality of living through advances in neurotechnology.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
PAIR and Cambridge NeuroWorks launch new online neuroscience seminar series in May 2026
