Tag: ECPay

National

𝐆𝐥𝐨𝐛𝐞 𝐡𝐚𝐫𝐦𝐨𝐧𝐢𝐳𝐞𝐬 𝐩𝐚𝐲𝐦𝐞𝐧𝐭𝐬-𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬; 𝐬𝐞𝐥𝐥𝐬 𝐄𝐂𝐏𝐚𝐲 𝐭𝐨 𝐌𝐲𝐧𝐭

Globe Telecom, Inc. (PSE: GLO), a leading digital platform in the Philippines with major interests in telecommunications, financial technology, virtual healthcare, digital marketing solutions, data insights, corporate venture building, and climate technology, entered into an agreement with Globe Fintech Innovations, Inc. (Mynt), the parent company of GCash, for the sale of its 77% stake in Electronic Commerce Payments, Inc. (ECPay) for PHP2.31Bn. ECPay’s minority stakeholder, Payment One, Inc., is likewise a party to the agreement, effectively making the transaction a full acquisition of ECPay by Mynt.

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