Announced
Synopsis
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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