Globe Telecom and Ayala, two of the mobile financial services provider's founding partners, both contributed to the round, valuing it at $2bn.
Philippines-based digital payment technology provider Mynt received over $300m in funding today from investors including telecommunications firm Globe Telecom and conglomerate Ayala Group.
Private equity firm Warburg Pincus, growth equity firm Insight Partners and investment firm Bow Wave Capital Management co-led the round at a valuation exceeding $2bn. It also featured private investor Itai Tsiddon and venture capital firm Amplo Ventures.
Formed by Globe Telecom, Ayala and Ant Group – the financial services affiliate of China-headquartered e-commerce group Alibaba –…
