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Fintech Platform Mynt Raises $300M

by financemagnates.com posted 1month ago 3 views
The company’s valuation jumped above $2 billion. : The Philippines-based digital financial solutions provider, Mynt recently secured approximately $300 million in a funding round led by Warburg Pincus, New York-based global private equity and venture capital firm, Insight Partners, and Bow Wave Capital. With a valuation of more than $2 billion, Mynt became the most valuable fintech firm in the Philippines. The rapid adoption of digital financial technology in the Philippines has played an important role in Mynt’s growth. The company is on track to reach PHP3 trillion of the gross transaction value.

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