Philippine fintech Mynt hits “double-unicorn” status after raising $300m

A wet market vendor with GCash

Mynt, the Philippines-based payments app, has become the country’s first tech unicorn after raising over $300 million in a funding round that valued the company at over $2 billion.

The company, which is the fintech arm of Globe Telecom and the operator of popular mobile wallet GCash, announced that the funding round was co-anchored by global investment giant Warburg Pincus and private equity and venture capital investor Insight Partners.

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