GCash backs Bureau of Treasury’s financial literacy initiative
GCash, the country’s leading mobile wallet, has partnered with the Bureau of Treasury to provide the content for Financial Literacy (FinLit) modules to be published in the Fili Web App, a financial planning application developed by the bureau.
“At GCash, our main purpose and focus is to improve the lives of millions of Filipinos and we believe that financial literacy is a key to make this proposition a reality. We are proud to partner with the Bureau of Treasury as we share the same goal of educating Filipinos on how to achieve financial security,” GCash president and CEO Martha Sazon said.
This initiative is also part of the GCash FinLit campaign that aims to promote financial literacy and inclusion by educating Filipinos about risk tolerance, cash flow, budgeting, portfolio simulation, and general investment principles. The FinLit content by GCash will be posted on the ‘Education Tab’ in the web app which Filipinos can access for free at https://filiapp.treasury.gov.ph/Fili.html.
“We are excited to partner with the Bureau of Treasury for this initiative as it is essential in achieving both our vision of a more financially independent Filipinos through financial literacy and innovation that is inclusive, accessible, and safe. We hope to help equip them with the right knowledge to help them make better financial decisions that will improve their way of life,” GCash head of wealth management Jong Layug said.
In line with its financial inclusion and literacy campaign, GCash has also been partnering with various public sector entities to promote digital payment adoption among local government employees, market vendors, and Tricycle Operators and Drivers’ Associations (TODA). GCash also helped the City Government of Baguio establish a digital ecosystem that promotes safe, seamless, and accessible transactions for all while helping locals and tourists learn more about their financial journey via GCash’s convenient features and services.
More than just helping Filipinos unlock their financial goals, GCash also empowers current and potential GCash employees by launching the “GNation for the Nation” program which aims to provide fintech leaders increased opportunities and skills to advance their careers in the field as they contribute to GCash’s objective of nation-building.
About Mynt
Mynt is the first and only $5 billion unicorn in the Philippines. It's a leader in mobile financial services focused on accelerating financial inclusion through mobile money, financial services, and technology. Mynt operates two fintech companies: GXI, the mobile wallet operator of GCash — the #1 Finance App in the Philippines, and Fuse Lending, a tech-based lending company that gives Filipinos access to microloans and business loans.
About GCash
GCash is the Philippines’ #1 Finance App and Largest Cashless Ecosystem. Through the GCash App, users can easily purchase prepaid airtime; pay bills via partner billers nationwide; send and receive money anywhere in the Philippines, even to other bank accounts; purchase from over 6 million partner merchants and social sellers; and get access to savings, credit, loans, insurance and invest money, and so much more, all at the convenience of their smartphones. GCash’s mobile wallet operations are handled by G-Xchange, Inc. (GXI), a wholly-owned subsidiary of Mynt, the first and only duacorn in the Philippines.
Mynt and GCash are staunch supporters of the United Nations Sustainable Development Goals (SDGs), particularly UN SDGs 5,8,10, and 13, which focus on safety & security, financial inclusion, diversity, equity, and inclusion as well as taking urgent action to combat climate change and its impacts, respectively.
For more information, please contact:
Bruce Rodriguez, Head of Business Communications
Corporate Communications
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This press release is for informational purposes only and does not constitute, or form part of, any offer, solicitation, or invitation to sell, issue, purchase, or subscribe for any securities in the Philippines, the United States, or any other jurisdiction. No securities of Mynt, Inc. have been or will be registered under the U.S. Securities Act of 1933, as amended, and such securities may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. There will be no public offering of the securities of the Company in the United States. No money, securities or other consideration is being solicited by this document or the information contained herein and, if sent in response to this document or the information contained herein, will not be accepted. Any potential initial public offering and listing in the Philippines, if pursued, remain fully subject to prevailing market conditions and regulatory approvals, including the registration requirements of the Philippine Securities and Exchange Commission and the listing rules of the Philippine Stock Exchange, Inc., and there can be no assurance that any such filings will be made or that any offering or listing will be consummated. This document contains forward-looking statements that involve inherent risks and uncertainties; actual results, timelines, and outcomes may differ materially from those projected due to shifting market dynamics, economic environments, and regulatory updates.
