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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.
GCash is now valued at $5 billion after Japan’s largest lender, Mitsubishi UFJ Financial Group, acquired an 8% stake for $393 million in early August. Mynt also owns Fuse, a lending app.
Maya Wallet, powered by Maya Philippines, Inc. and commonly still referred to as PayMaya, allows money transfers between Maya users; send money to other local banks; pay recurring bills; purchase mobile and gaming prepaid credits; pay offline merchants by scanning unique QR codes; checkout from online stores using virtual or physical cards; and get insurance coverage for e-commerce purchases ...
Philippine mobile wallet GCash has raised more than $175 million in capital from New York-based private equity fund Bow Wave Capital Management, the financial technology arm of Globe Telecom Inc said.
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Manila Bulletin Technews also reported that funds worth ₱5 million transferred to one Unionbank account were used to buy Bitcoin on December 11. [ 1 ] There are also accounts of victims saying that perpetrators used other platforms such as GCash and the Bank of the Philippine Islands (BPI) instead of Unionbank.
Of the three, tanzanite is relatively new to the world of gems. According to the Geological Institute of America, the stone was first identified in 1967 in Tanzania − hence Tanzanite's name.