The Philippines has been invited to join the prestigious World Economic Forum (WEF) Unicorn Community, a sub-community of the WEF’s Innovator Communities comprising the world’s most promising start-ups and scale-ups. Seen as a recognition of the rapid advancement of financial inclusion and fintech growth in the country, the WEF invitation was extended directly to Mynt, the parent company of GCash, the nation’s leading finance super app.
Mynt brings its vision of Finance for All to global business leaders, policymakers, and decision-makers, as the first and only Philippine member of the WEF Unicorn Community.
The World Economic Forum is a leading organization shaping global economic policies and fostering collaborative solutions through public-private cooperation – connecting communities of leaders around international issues.
Its Innovator Communities are a group of the world’s most promising start-ups and scale-ups at the forefront of technological and business model innovation.
By being part of the Unicorn Community, GCash will have the opportunity to contribute to a global agenda on how financial technology (fintech) can help advance financial inclusion in countries like the Philippines.
“We are honored to be part of the World Economic Forum Unicorns Community— representing the Philippines and its booming Fintech industry. This reflects our commitment to transforming financial services in our country and contributing to global financial inclusion and innovation conversations. We look forward to engaging with other leaders and exploring new ways to drive positive change,”
said Martha Sazon, president and CEO of Mynt.
Established in 1971 in Geneva, Switzerland, WEF also builds communities of purpose essential to addressing large-scale global challenges, converting ambition into focused action through structured multi-year initiatives and insight generation.
This year’s annual forum will be held at the Davos-Klosters in Switzerland from January 20 to January 24, gathering thousands of key leaders from both public and private sectors. The central idea for this year’s meeting is about “Collaboration for the Intelligent Age.”
As it continues to champion “Finance for All”, GCash banners its game-changing innovation aimed at bridging financial gaps beyond the nation’s borders and helping improve Filipinos’ everyday lives.
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.
