 |
– Continuously Driving Inclusive Digital Economy in the Philippines
Manila, PhilippinesMay 19, 2026 /PRNewswire/ — Mynt, the parent company of GCash, the Philippines’ leading financial super app, reported steady growth in its first-quarter 2026 results, further solidifying its core role in building an inclusive digital financial system.
For the quarter ending March 2026, Mynt’s earnings attributable to Globe Telecom, one of its major shareholders, surged to 1.9 billion Philippine pesos, up 120% from the previous quarter.
Martha Sazon, President and CEO of Mynt, stated: “The latest results fully demonstrate that GCash is no longer just a digital wallet, but a core driver of the Philippines’ digital economy development. The significant quarterly growth shows that while adhering to our mission of promoting financial inclusion, we have successfully scaled high-value services such as credit and wealth management.”
Deeply Integrated into Daily Life
According to the latest data from the Philippine Payments Management Inc. (PPMI), Mynt has become deeply embedded in the daily lives of Filipinos, remaining the highest-volume access platform for InstaPay, the Philippines’ real-time payment system.
Amid global economic fluctuations, GCash continues to provide accessible financial services to millions of users, waiving fees for cross-border inbound and outbound remittances for overseas Filipino workers in the Middle East, while partnering with local governments to efficiently and quickly distribute fuel subsidy funds.
Technology Empowering Credit and Wealth Management
Its lending platform, Fuse Financing, Inc., continues to broaden access to fair credit, with total cumulative loan disbursements reaching 406 billion Philippine pesos, up 60% year-over-year. Leveraging its proprietary credit scoring system, GScore, Fuse has provided fair credit services to over 11.1 million borrowers who are typically underserved by traditional banks.
Meanwhile, GCash is actively promoting mass-market investment and insurance services. The stock investment platform GStocks PH has 1.9 million registered investors, up 64%, while the insurance service platform GInsure has sold over 192.4 million policies cumulatively, a 274% increase year-over-year.
Building the Future of Fintech
As the largest digital ecosystem in the Philippines, GCash continues to focus on overseas market expansion and ramping up its enterprise business. Users can now conveniently send cross-border remittances to bank accounts and e-wallets in 16 countries worldwide via GCash, simplifying the transfer process. It also provides various practical tools for micro, small, and medium enterprises to optimize payment processing and improve operational efficiency.