About Mynt
Mynt is a Financial Services company based in Cabanatuan City (Philippines) founded in 2015. Mynt is recognized as a provider of financial technology solutions. It operates on a FinTech model. Mynt has raised $475 million across 4 funding rounds from investors including Globe Telecom, Ant Group and Warburg Pincus. Mynt was last valued at $5 billion in August 2024. Its chief executive, as recorded, is Martha Sazon. Its website mynt.xyz draws about 10 thousand monthly visits. Mynt offers products and services including GCash, Fuse, Ryse, and Digico. Its focus areas include FinTech and Digital Payments. Its competitors include GCash and Salmon; 2 of its 2 listed competitors have raised funding.
Company details
Mynt is engaged in delivering innovative financial services through technology in the Philippines. Various solutions such as GCash for e-wallet services, Fuse for lending, Ryse for accessible financial products, and Digico for digital business solutions are offered. The focus is placed on building an inclusive financial ecosystem for Filipinos, covering sectors like digital payments and lending. Support is extended to both individuals and businesses to foster economic growth and financial security.
- Annual Revenue$78.79 M (USD)105as on Dec 31, 2024
- Net Profit$6.57 M (USD)42as on Dec 31, 2024
- EBITDA$5.55 M (USD)17as on Dec 31, 2024
- Total Equity Funding$475M (USD)
in 4 rounds
- InvestorsGlobe Telecom
& 8 more
Products & Services of Mynt
Mynt offers a comprehensive portfolio of products and services, including GCash, Fuse, Ryse, and Digico.
An e-wallet service is provided for financial inclusion.
Lending solutions are offered to empower economic growth.
Financial products are made accessible for Filipino success.
Digital solutions are provided to enhance business growth.
Funding Insights of Mynt
Mynt has successfully raised a total of $475M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $475M
- Total Rounds 4
- Investors Count 9
All 4 funding rounds of Mynt with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2024 | Series B | – | Mitsubishi Corporation | – | |
| Nov 2021 | $300M | Series B | $2B | Warburg Pincus, Insight Partners | |
| Jan 2021 | $175M | Series A | – | Bow Wave Capital Management | – |
| Feb 2017 | Seed | – | Ant Group |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2021 | $2B | •••••••• |
Last known valuation $5B (Aug 2024). 9 investors in total: 8 institutional and 1 angel.
Investors in Mynt
Mynt has secured backing from 9 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Globe Telecom, Ant Group and Warburg Pincus.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multi-stage private equity investments are pursued across diverse sectors. | 1966 | warburgpincus.com | New York, United States | |
Investment firm scaling software and technology companies from early to late stages. | insightpartners.com | |||
African software startups are funded by Amplo venture capital firm. | 2017 | amplovc.com | Spring, United States | |
Natural gas and petroleum are distributed and traded globally. | 1954 | mitsubishicorp.com | New York, United States | |
Payment processing and financial services are offered by the company. | bowwavecap.com | New York, United States | ||
Private equity fund focused on real estate, water, financial services, and telecommunication sectors | 1834 | ayala.com | Makati, Philippines | |
Payment processing solution for consumers, small and micro businesses | 2004 | antgroup.com | Hangzhou, China | |
International calling, roaming, Wi-Fi, and broadband services are provided. | 1935 | globe.com.ph | Cabanatuan City, Philippines | |
IT Itai Tsiddon | Co-founder of Lightricks, active angel investor in Indian startups | unknown_44eb65fe91a04ee68 |
Investor details for Mynt
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Mynt
341 people are tracked at Mynt (132 in leadership, 209 in team).
| Name | Role | Group |
|---|---|---|
Martha Sazon | CEO | Leadership |
Joedi Atinado | Head Of Customer Engagement And Governance | Leadership |
Ronelo Buhawe | Regional Sales Head Visayas- Gcash Business To Customer | Leadership |
Luis Buenaventura | Assistant Vice President | Leadership |
Anna Felipe | Head Of Social Media | Leadership |
Mona Liza Bonita | Head Of Devops | Leadership |
Tara C. | Head Of Customer & Investments Digital Experience | Leadership |
Danalee Loprandado | Money Transfer Experience Head | Leadership |
Cathlyn Pavia | AVP Head Of Public Sector And Partnerships | Leadership |
Jen Creus | Enterprise (b2b) Product Performance Head (under Operations And Assurance Team) | Leadership |
Louwie Pineda | Head, Process Management | Leadership |
Wilfrido de Ocampo | Vice President Business Unit Head Ginsure | Leadership |
Bhenedict Lhoyd Castillo | Head Of Quality Assurance | Leadership |
Evelyn Ng | Chief Financial Officer | Leadership |
Jan Chaves | Head Of Infrastructure Systems Management | Leadership |
Greg Igaya | Vice President For Technology | Leadership |
Ceferina Sison | Chief Compliance Officer | Leadership |
Roland Caraig | Chief Audit Executive | Leadership |
Jong Layug | General Manager of B2B | Leadership |
Pebbles Sy | Chief Tech & Operations Officer | Leadership |
321 more people are available in the full profile.
Complete people profiles for Mynt
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Board tenure
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Verified entity values are shown only after access is granted.
Timeline of Mynt
4 dated milestones of Mynt across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Mynt is founded.
- Funding First funding round.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series B,.
Competitors of Mynt
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gcash.com | 2015 | Taguig, Philippines | $175M | App-based & card-linked wallet for consumers | ||
| salmon.ph | 2022 | Taguig, Philippines | $83M | Business and consumer loans are provided via an online platform. |
Detailed competitors of Mynt
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Mynt
The website of Mynt (mynt.xyz) receives about 10.3K visits a month.
- Monthly visits10.3K
▼ 13.3% vs previous month
Websites whose visitors overlap most with Mynt. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
shop.globe.com.ph | shop.globe.com.ph | 100% | #70,530 | – | |
| google.com | 95% | 85.8B | #1 | View details | |
| facebook.com | 91% | 12.1B | #3 | View details | |
| reddit.com | 73% | 4.4B | #9 | View details |
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Related news about Mynt
Complete news archive for Mynt
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Frequently Asked Questions about Mynt
Mynt was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Mynt is headquartered in Cabanatuan City, Philippines. It is registered at Cabanatuan City, Nueva Ecija, Philippines.
Martha Sazon is the CEO of Mynt, as recorded in our data.
Mynt is a funded company, having raised a total of $475M across 4 funding rounds to date.
Annual revenue of Mynt is $78.79M as on Dec 31, 2024.
Mynt is engaged in delivering innovative financial services through technology in the Philippines. Various solutions such as GCash for e-wallet services, Fuse for lending, Ryse for accessible financial products, and Digico for digital business solutions are offered. The focus is placed on building an inclusive financial ecosystem for Filipinos, covering sectors like digital payments and lending. Support is extended to both individuals and businesses to foster economic growth and financial security.
Mynt offers GCash, Fuse, Ryse, and Digico.
Mynt has 9 investors. Key investors include Globe Telecom, Ant Group, Warburg Pincus, Mitsubishi Corporation, and Ayala.
The valuation of Mynt is $5B as of Aug 2024.
Mynt operates through Mynt.