GCash, For The Women Foundation upskill Filipinas through data science scholarships
The Philippines’ #1 Finance Super App GCash signifies its commitment to empowering Filipino women in technology as it recently signed into a partnership with For The Women Foundation (FTW) to provide support to its Data Science Scholarship Program.
Through this initiative, scholars will undergo a 14-week training, at zero cost, that will equip them with knowledge and skills in data science, allowing them to shift their careers and join the underrepresented female workforce in the tech industry.
These highly specialized learning sessions will upskill Filipinas and hone them for roles in data analytics, which is considered to be among the future-resilient and high-demand fields today.
GCash will work hand-in-hand with FTW to provide up-to-date information and useful skills to prepare the scholars for these positions. At the same time, the fintech company will offer job opportunities that will help them jump-start their new careers.
“Providing equal opportunities is something we hold very dear at GCash. We believe that women, though underrepresented in the industry, can go far and make their mark. In fact, we are a leading proponent of diversity with a high representation of women in management roles in our company. This partnership will pave the way for more women to explore and flourish in tech,” said GCash Chief Data Officer Sara Venturina.
This support of FTW’s advocacy is a testament to how GCash is committed to upholding the United Nations Women’s Empowerment Principles, empowering tech pioneers regardless of gender.
“Not all talented women have the resources or opportunities to have world-class training in order to switch to their dream careers like data science. FTW believes in their talent, selects and trains them, then partners with institutions such as GCash to prepare them for these new roles,” said FTW Co-founder and Executive Director Cara Wilson.
This scholarship initiative boasts a 76% new job placement rate with an average 154% increase in monthly earnings from before and after the training period.
Graduates will return to support the next batch of scholars through an extensive mentoring program — building a pay-it-forward community and creating a sustainable impact on the community.
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.
