GCash champions inclusive financial services, diverse workforce this Pride Month
This June, GCash, the Philippines' leading mobile wallet, joins the celebration of Pride Month by promoting diversity, equality, and inclusion not only within its work culture, but also through its accessible financial services.
GCash adheres to international goals such as the United Nations Sustainable Development Goals (SDGs) in advocating gender equality while reducing workspace inequalities of all kinds, and to promote inclusive economic growth.
Product for All: Inclusive financial products
GCash, through GInsure, is an avenue for its partner insurance companies to support the mandate of the Insurance Commission (IC) to allow policyholders to designate their same-sex partners as beneficiaries for their plans.
With GInsure, same-sex couples can now have access to a wide selection of affordable insurance products from GCash’s insurance partners namely FPG Insurance, Singlife, Sun Life, and Generali. These companies allow LGBTQIA+ couples to easily designate their partners as beneficiaries for their chosen insurance coverage.
“All people – regardless of sexual orientation or gender identity, must experience fair and equitable access to market opportunities. That’s why we at GCash have developed simple, affordable, and inclusive products, and work with like-minded partners that promote fair and non-discriminatory processes for users - breaking the stigma and bias against the LGBTQIA+ population,” says GCash head of new business Winsley Bangit.
Aside from offering inclusive financial products for all, GCash also helps the community have equal and fair access to funding and loans through a suite of lending products such as GGives, GLoans, and GCredit.
These services have a non-discriminatory and easy application process as it only considers in-app behavior and approves eligibility regardless of sexual orientation or gender identity, place of birth, family background, race, age, or ability.
Cultivating a diverse and inclusive work culture
More than just providing inclusive financial services, GCash also values the importance of embracing its employees' unique identities.
GCash upholds non-discriminatory policies which allow its employees to freely express themselves. This policy ensures all employees, regardless of sexual orientation, gender identity and expression, are being treated fairly in work evaluation, and are given equal employment opportunities where everyone can advance into leadership positions and progress into their career path. The company follows a no-mandatory dress code per gender and requires employees, company-wide, to undergo a Diversity, Equity, and Inclusion (DEI) training to further educate and empower each one to cultivate a safe space for all in and out of the company.
To strengthen the community spirit among its employees, GCash is also a proud member of the Philippine Financial & Inter-Industry Pride (PFIP) – a collaborative, voluntary, and non-profit community that serves as the leading voice and champion of LGBTQIA+ workplace inclusion in the Philippines.
GCash also conducts relevant and meaningful communities where employees can connect with like-minded peers such as GCash Pride Club, while encouraging the talent of the community through participation in Drag Events and the Pride Parade.
“No one should experience prejudice as everyone deserves to have a voice and be treated fairly wherever they are. At GCash, we always make it a mission to foster inclusive work culture where different views, backgrounds, culture, and experiences are valued and nurtured. This is one of the company’s ways to effectively address not only the needs of our consumers, but of the very people behind this amazing app. With the help of GCash’s diverse team and leaders, we are on our way to make our “Finance for All“ vision a reality,” says GCash chief people officer Robert Gonzales.
Beyond the historic Pride Month, GCash continues to become a better ally to the community and remains firm in its mission to make Filipino lives better everyday, and transform the country into a more equal, diverse, and inclusive nation where everyone from all walks of life can work with pride, now more than ever.
GCash is one with the LGBTQIA+ community in the celebration of Pride Month as we all #WerkWithPride.
For more information about GCash and its advocacies, you may visit www.gcash.com or follow its official facebook page @gcashofficial.
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
Legal Disclaimer & Safe Harbor Statement
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.
