The partnership aims to build a secure community of verified buyers and sellers of collector items such as sneakers, Lego, toys, sport cards, trading cards, Funko and many others.
The integration of GCash into the Toki platform will give its users access to a seamless and secure payment platform as well as provide them with consumer financing such as GCredit and GGives. Toki sellers will have the possibility to be equipped with GCash QR codes, which will streamline the payment process and enhance overall user experience. The partnership will also integrate Toki into GCash's dynamic lineup of lifestyle products under the GLife feature by next year.
Launched by former GCash employees Frederic Levy, Zoe Ocampo, and Jules Jurado, Toki is a pioneering social e-commerce platform that caters specifically to the needs of collectors. As avid collectors themselves, the founders are familiar with the challenges local enthusiasts face in selling or buying collectibles. Toki offers a smooth, secure, one-stop shop and mobile-first environment where every seller is curated, every collectible is verified, every transaction guaranteed, ensuring a trustworthy and efficient transaction experience. Since it launched last November 2023, Toki has already registered 70,000 users, onboarding more than 200+ sellers, proposing now more than 250,000+ items, and hosted more than 500+ livestream auctions.
"The founders of Toki, all former members of the GCash team, have a long-standing history with GCash, and through this global partnership, GCash is poised to significantly boost Toki's growth journey,"
said Toki co-founder Frederic Levy.
By the fourth quarter of 2024, Toki will integrate GCash's Webpay, enabling users to conduct seamless end-to-end transactions not only within its marketplace but also during its livestream auctions.
Toki already launched several initiatives in partnership with Globe as part of the Globe Prepaid Rewards program on the GlobeOne app. In addition, Toki participated as an event partner at Globe's 'PAPAboritong Bazaar' where GCash QR was utilized for payments. Meanwhile, Globe Platinum sponsored the onground Toki & Secret Fresh event 'Beyond the Block' which featured
"Toki is beginning a truly remarkable collaboration with GCash, and the entire team is particularly excited about the support from the number finance super app and largest cashless ecosystem in the Philippines,"
added Levy.
For more information, visit https://new.gcash.com/ and visit https://www.tokiasia.com
About Mynt
Mynt is the parent company of GCash, the #1 Finance Super App in the Philippines. It’s the first and only fintech company listed on the Philippine Stock Exchange under the “GCASH” ticker symbol. Through GCash, Mynt advances its vision of 'Finance for All' by making financial services more accessible to Filipinos. Mynt operates a portfolio of companies, including G-Xchange, Inc., the payments company responsible for the digital payments and electronic money activities in the GCash app, and Fuse Financing, Inc., the financing company for GCash that provides fair and digitally-enabled credit products and solutions.
Mynt, through its fintech operations, is a staunch supporter of the United Nations Sustainable Development Goals (SDGs), particularly focusing on safety & security, financial inclusion, diversity, equity, and inclusion, as well as taking urgent action to combat climate change and its impacts.
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
