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New Deal


Announced

Bow Wave Capital led a $175m funding round in Mynt.

Financials

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Transaction Value£128m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Pending

payment processing

Cross Border

Single Bidder

Philippines

FinTech

Minority

Acquisition

Private

Private Equity

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Friendly

Venture Capital

Synopsis

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Bow Wave Capital Management, a private equity firm, led a $175m funding round in Mynt, a fintech company. Existing shareholders also joined the round. "The investment is validation of what it has accomplished and the potential of its GCash mobile wallet to unlock digital services.The Covid-19 pandemic had acted as a catalyst in highlighting the importance of digital finance in society, and the investment advanced its goal of delivering finance for all," Martha Sazon, Mynt President and CEO.

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