Digital payments in particular flourished as more people embraced the concept of e-wallets to fulfill their daily needs. GCash filled the need for people in lockdown to be able to pay bills, and send and receive money. GCash paved the way for users to start small businesses to tide over the pandemic.
The leading finance app has successfully opened up easier and more hassle-free ways to save money, invest, get insurance coverages, and even loan funds. Thanks to its 76 million-strong user-base, GCash is now the #1 e-wallet and the Philippines’ only double unicorn. It is because of its customers and their stories of resilience that GCash continues to grow.
Today, it is GCash’s turn to tell the inspirational stories of the Filipino with #GCashStories - mga kwento ng pag-asa at pag-asenso. Every household has a heartwarming GCash story and the company wants to bring these forward and ignite hope that changes can be empowering despite the hardships.
“With over 70M people using GCash, we have millions of stories to tell. Every story, big or small, is a story worth telling, because they are stories of progress and hope. It's the story of how Gcash has helped millions of Filipinos. It's my story, it's your story, it's our story together.”
Neil Trinidad, Chief Marketing Officer at GCash
The #GCashStories digital series features modern day stories of progress, showing how Filipinos have improved their way of life with GCash.
Premiering with the story of Cocoy Rubio, GCash tugs on our heart strings showing how with perseverance, and grit, there is no hurdle we cannot overcome. The story of unemployment was no surprise during the pandemic, most Filipinos were forced to stay home and rely on technology to prevent unforeseen contact with Covid-19. Some got laid off from their regular jobs due to the pandemic restrictions, compelling people to look for alternatives to get by.
Cocoy’s GCash story shows us how he began his journey after being laid off as a bartender to pivoting to become an entrepreneur with his very own The Bike Coffee business in Cagayan De Oro. The film highlights how Cocoy was able to jump start his business with more confidence, using GCash in paying for his supplies and even applying for capital via GLoan. GCash offers GLoan that provides fast, safe and affordable cash loans when you need it the most. Whether it’s to help you start your own business or for your essentials, GLoan enables you to fund your future on your own terms with up to P125,000 instant cash without the need of additional documents.
Beyond the inspiring stories, GCash has also tapped several non-governmental organizations to bridge the narratives to help solve real-world problems. The e-wallet has partnered with ABS-CBN Lingkod Kapamilya Foundation and Go Negosyo to help raise funds for their livelihood and entrepreneurship programs through #GCashStories.
Get a chance to win up to P10,000 worth of prizes when you share your own GCash story. Share how GCash helped you in your everyday lives or how did you help someone using GCash? Don’t forget to tag our official TikTok account @gcashofficial and include the hashtags #GCashStories #Storytime. The post with the highest views and engagement will be picked as winners.
Watch and find out more about Cocoy Rubio’s GCash story. Stay tuned for more upcoming #GCashStories by following @gcashofficial’s social media pages.
What's your story of hope and progress? Share yours with the #GCashStories.
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.
