GCash Valuation Soars to $5B with New Investments from MUFG and Ayala

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MANILA, Philippines — Ang GCash, ang nangungunang mobile wallet na pinamamahalaan ng Globe Fintech Innovations Inc. (Mynt), ay nakitang tumaas ang halaga nito sa higit $5 bilyon matapos makatanggap ng malalaking pamumuhunan mula sa Ayala Corporation at Mitsubishi UFJ Financial Group (MUFG) ng Japan.


Sa isang kamakailang anunsyo, sinabi ng GCash na ang Ayala Corporation, sa pamamagitan ng ganap na pag-aari nitong subsidiary na AC Ventures Holdings Inc. (ACV), ay nadagdagan ang bahagi nito sa Mynt ng karagdagang 8%. Kasabay nito, ang MUFG Bank Ltd., isang konsolidong subsidiary ng MUFG, ay kumuha ng 8% bahagi sa Mynt sa pamamagitan ng mga kasunduan sa pamumuhunan.


Ang mga bagong pamumuhunan na ito ay nagtulak sa halaga ng GCash na umabot sa $5 bilyon, isang malaking pagtaas mula sa naunang $2 bilyon na halaga nito noong huling round ng pondo noong 2021. Ang fintech company ay nag-ulat din ng netong kita na P6.7 bilyon sa pagtatapos ng 2023.


"Natutuwang kaming tanggapin ang MUFG bilang bagong strategic partner. Sa kanilang pandaigdigang eksperto at abot sa financial inclusion, sila ay magiging mahalaga sa pagpapalawak ng social impact ng GCash, lalo na sa mga underserved communities," sabi ni Martha Sazon, Pangulo at CEO ng GCash.


"Ang hindi matatawarang dedikasyon ng Ayala sa paglago at pag-unlad ng ekonomiya ng Pilipinas, at ang kanilang eksperto sa iba't ibang industriya ay magpapabilis sa misyon ng GCash," dagdag pa ni Sazon.


Ipinahayag ni Yasushi Itagaki, Senior Managing Corporate Executive at Head ng Global Commercial Banking Business Group sa MUFG, ang kanyang kasiyahan tungkol sa pakikipagtulungan. "Ang GCash ay isang mahalagang bahagi ng pang-araw-araw na buhay ng mga Pilipino, at natutuwa kaming suportahan ang paglago ng kumpanya bilang isang strategic investor," sabi ni Itagaki. "Sa aming pamumuhunan, excited kaming palawakin ang aming kontribusyon sa patuloy na pag-unlad ng digital economy at financial inclusion ng Pilipinas."


Binanggit ni Pangulo at CEO ng Ayala Corporation na si Cezar Consing ang kahalagahan ng Mynt sa pagpapalakas ng mga underserved Filipino consumers at businesses na umunlad.


Ayon sa GCash, ang mga bagong pamumuhunan ay nakasalalay sa pagtatapos ng mga tiyak na dokumento sa transaksyon at mga karaniwang kondisyon ng pagsasara. Kapag natapos na, ang MUFG ay sasali sa shareholder base ng Mynt, at ang Ayala ay magdaragdag ng bahagi nito sa pag-aari.


Itinatag noong 2015, ang GCash (Mynt) ay naitatag sa pamamagitan ng isang pakikipagtulungan sa pagitan ng Globe Telecom, Ayala Corporation, at Ant Financial, isang affiliate ng Alibaba Group.

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