The Philippines #1 Fintech App GCash, operated by the Globe Group’s Mynt, will be a part of key audio system on the plenary of the Cell World Congress in Barcelona this month as its President and CEO Martha Sazon delivers a keynote speech on the evolving buyer on the principal stage of the world’s largest and most influential exhibition for the cellular trade.
Sazon is likely one of the keynote audio system on the MWC on “New Conduct for a New Actuality,” which touches on a subject near GCash’s story.
GCash emerged as an important digital platform throughout the pandemic, permitting particular person Filipinos to finish monetary transactions and giving retailers entry to the web market amid motion restrictions. Now, within the transition to the brand new regular, GCash has turn into a verb and is now the Filipinos’ go-to on a regular basis fintech companion.
Sazon can even be a session speaker on the “Fintech Summit: The Rise of Fintech Disruption,” the place she is going to delve into how fintech is enabling the creation of highly effective and disruptive options which are redefining the market.
GCash, the dominant cellular pockets within the Philippines, is now a double unicorn valued at $2 billion and with a consumer base of ~76 million. It continues to increase monetary providers, from funds and money transfers to credit score, financial savings, wealth, insurance coverage and funding merchandise. It additionally options retail, meals, wellness, journey, recreation and even actual property providers.
Most not too long ago, GCash began its beta launch of GCash Abroad, which permits Filipinos based mostly in Japan, Australia and Italy to make use of GCash utilizing a world SIM– one other game-changer within the Philippine fintech trade.
Now on restricted launch, GCash Abroad will give the primary 1,000 customers from the three nations entry to GCash utilizing a world SIM. As soon as totally verified, they’ll begin utilizing their GCash to ship cash residence at no cost (GCash to GCash), paying payments, and shopping for load credit. The complete launch of this characteristic is anticipated later this 12 months.
In the meantime, Globe Group President and CEO Ernest Cu will banner the corporate’s pivot from telco to techco in a panel with Transcelestial, one of many firms supported by the Globe Group’s Kickstart Ventures.
Cu will be a part of CEOs of high Southeast Asian telcos in a dialogue on new network-related applied sciences and connectivity challenges within the Philippines, amongst others.
“Our fintech firm’s debut on the Cell World Congress Barcelona is a vital milestone for the Globe Group as we set up ourselves as a number one digital disruptor and enabler within the Philippines, and banner our evolution right into a know-how firm. We’re proud to showcase our achievements as we uplift the lives of Filipinos by digital options, and to be a part of the worldwide dialog on the way forward for know-how and connectivity,”
mentioned Cu.
MWC Barcelona is the world’s largest cellular trade gathering, attracting hundreds of exhibitors and guests worldwide. Hosted by GSMA, a world group unifying the cellular ecosystem, this 12 months’s MWC can be held from February 27 to March 2, 2023.
The Globe Group’s presence on the much-anticipated worldwide occasion is a chance for the increasing firm to showcase its dedication to being on the forefront of innovation and progress.
With virtually 100 portfolio firms below its wing, the Globe Group has efficiently expanded into the nation’s main digital options platform, with providers in fintech, well being tech, adtech, edutech, outsourcing and managed providers, enterprise knowledge, and investments. It goals to create a Philippines that’s digitally inclusive by leveraging know-how and repeatedly innovating to fulfill the altering trade situations.