Philippines e-wallet unicorn considers crypto, stocks platform

A Filipino fin tech unicorn is seeking to grow by "doubling down on lending", enabling users to invest via its e-wallet. — 123rf

Globe Fintech Innovations Inc. is considering a platform that will allow the tens of millions of users of its mobile wallet to invest in cryptocurrencies and local and global equities, its CEO said on Monday.

The company known as Mynt, valued at more than US$2bil (RM8.46bil) after its latest fund-raising round, will grow its financial-service offerings and "double down on lending,” CEO Martha Sazon said in an interview with Bloomberg Television’s Rishaad Salamat and Yvonne Man.