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GCash also revived its remittance service, now called GCash Padala, and made it available to non-app users through its 2,000 partner outlets nationwide. [10] [11] GCash's parent company, Mynt, made history as the Philippine's first double unicorn when it announced that it raised $300M in funding last November 2021 at a $2B valuation.
With a user base of more than 94 million—larger than the population of Germany—GCash is arguably the most popular Filipino finance app. Launched in 2004, GCash began as an SMSbased money ...
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[6] [7] It operates as a wholly-owned subsidiary of Digispice Technologies. [8] In 2015, Spice Money received license to operate as a PPI from RBI and in 2017, the company launched its micro ATM and bill pay services. This was followed by the mPOS service launch in 2018, which earned Spice Money the NPCI National Payments Excellence Award. [9]