Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Back

Signing of the Memorandum of Agreement between Fuse Financing, Inc., the lending arm of GCash, and Helios Philippines to help make solar power more accessible and affordable for Filipinos.
(Left to Right) Paul Xavier Villa - Head of PayLater for Product, Fuse Financing Inc., Anthony Isidro - CEO, Fuse Financing Inc., Alex Aronson - Co-Founder & Chief Innovation Officer, Helios (PH) Sustainable Energy Corp., Tim Go - Chief Operations Officer, Helios (PH) Sustainable Energy Corp., and Luke Parsons - Chief of Staff, Helios (PH) Sustainable Energy Corp.

In a landmark initiative to expand accessibility to renewable energy, Helios, the country’s leading one-stop shop for finding and financing Residential Solar Solutions, and GCash, the Philippines' leading finance superapp and largest cashless ecosystem, have teamed up to launch its first-ever Green Financing initiative.

This strategic collaboration, powered by GCash’s lending arm, Fuse Financing, Inc., aims to make solar energy more attainable for Filipino households by integrating Helios’ Tier 1 solar technology, known for its top performance, durability, long-term reliability, and strong warranties, with GGives, the installment payment feature of GCash.

Despite the Philippines’ abundant sunlight, solar energy adoption remains limited in the country. This disparity is primarily due to high upfront costs and a lack of public awareness about rooftop solar panel systems' benefits and installation processes (RTSPs). 

Recognizing these barriers, GCash and Helios have introduced a flexible financing solution that allows families to adopt solar energy without immediate financial strain. Going solar offers significant benefits for the average Filipino household, especially in the long run, including lower electricity bills, increased property value, and long-term savings​. Filipino households can access affordable and clean energy while contributing to a more sustainable future.

As part of this initiative, GGives is launching the exclusive Triple Zero Solar Starter Package, a limited-time offering designed to ease the financial burden of switching to solar energy. Moreover, by using GGives, customers no longer need to have a credit card or navigate the complexities of applying for a solar financing loan at a bank. GGives eliminates typical financial barriers, making solar energy more accessible and easier for a wider audience by offering zero down payment, zero interest, and zero processing fees. 

Helios, known for providing customized solar designs and bespoke solutions, ensures that its systems feature only top-tier hardware with 25-year production guarantees and world-class after-sales service. With this partnership, customers can experience an accessible and affordable path to sustainable energy adoption, saving between 50% to 100% on their electricity bills, and ultimately transitioning to solar energy more conveniently and budget-friendly for every Filipino household.

“We are thrilled to announce Helios’ groundbreaking partnership with GGives. This marks a significant milestone towards our mission to make solar power accessible and affordable to every home in the Philippines. We look forward to delivering the highest quality and most reliable solar solutions to more Filipino homes through partnership with GCash,”

Helios Co-Founder Alex Aronson said.

For Fuse President Tony Isidro, financial inclusion and sustainability should go hand in hand. He said,

“By making renewable energy more affordable through GGives, we are empowering more Filipinos to switch to clean energy without the financial burden.”

By offering a pioneering green financing solution, GCash underscores its dedication to innovative, disruptive moves in the sustainability space.

For more information, please visit www.new.gcash.com

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

gcashcorpcomm@gcash.com

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.

Related News