More than 2.7 million people across 17 regions in the Philippines have been reeling from a series of storms and heavy monsoon rains, prompting various groups calling for more funds to aid in disaster relief and response efforts. Through its GBayanihan platform, GCash is enabling faster fundraising efforts for flood-hit areas in partnership with various non-government organizations (NGO).
GBayanihan brings together donors and humanitarian organizations as a digital community that can quickly respond to disasters with ease and transparency. Users can directly send their donations to organizations who are mobilizing disaster relief operations such as the ABS-CBN Foundation, Ayala Foundation, Inc., UNICEF, Save the Children, and other credible NGOs.
All donations made via the platform allow organizations to respond quickly and efficiently in affected areas.
To donate, users just need to go to the ‘GBayanihan’ feature within the GCash app and choose their intended recipient NGO.
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GCash assures donors that the platform adheres to the highest standards of transparency, ensuring their contributions go directly to verified NGO partners.
GCash equally cautions users to exercise vigilance and make sure they are donating to credible causes and organizations amid risks of scammers who may abuse the urgency of the situation. Users are urged to only scan verified QR codes of verified NGOs or use the ‘GBayanihan’ feature directly. Users are also cautioned not to share sensitive account information such as MPINs or one-time passwords (OTPs).
For more information, please visit GCash official Facebook page at facebook.com/gcashofficial or 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
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.
