The chance to become a country’s first ever unicorn is no joke. And with a valuation that’s fast “approaching” the coveted US$1 billion mark, Mynt—the owner and operator of the Philippines’ leading e-wallet GCash—is close.

That’s a big deal since it could inspire the Philippines’ 110 million population—the world’s 13th largest—to start-up.

Mynt recently announced recently announced Tech in Asia Mynt bags $175M to capitalize on mobile payments Read more a fresh investment of US$175 million.

AUTHOR

Jum Balea

Jum is a Manila-based reporter for The Ken, where she covers startups and business across Southeast Asia, with a focus on the Philippines. She previously was editor for Tech In Asia, and business editor for Philippine media companies Rappler and ABS-CBN.

View Full Profile

Sign up to our Southeast Asia edition to read this story instantly

To sign up, you’ll create an account that will give you access to a new free story published once a week and archive of previously published free stories from our Southeast Asia edition. You’ll also receive one email every morning from us introducing the day’s story.

If you’ve already signed up, just enter your email below or login using Facebook or Google.