Mynt becomes first unicorn born in the Philippines after US$300 million funding round by global investors

Source: Tech – South China Morning PostMynt, the Philippine fintech company backed by China’s Ant Group and Globe Telecom of the Philippines, has become the first unicorn in the country after raising US$300 million from global investors such as US-based Warburg Pincus and Insight Partners.The new round of funding, which underlies the rapid growth of the financial services and digital banking market in the country, has boosted Mynt’s valuation to US$2 billion.“This solidifies its status as the Philippines’ only unicorn, and as one of…Read More

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