GCash parent firm Mynt announced a key leadership change on Thursday, appointing Evelyn Ng as its new chief financial officer effective May 1, 2025, following the retirement of longtime finance head Tek Olaño.
Maya has posted its first-ever quarterly net income during the first three months of 2025, marking a major turning point for the fintech firm as it enters its first full year in the black.
The veteran stock market analyst who accurately predicted GCash’s valuation surge in 2024 now believes competitor Maya, backed by PLDT Inc. and China’s Tencent, deserves a significant price upgrade.
The WEF Unicorn Community, a subset of the WEF’s Innovator Communities, brings together some of the world’s most promising startups and scale-ups driving technological and business model innovation.
PLDT chair Manuel V. Pangilinan is keeping both buy and sell options on the table for Maya as the fintech projects its first year of profitability by 2025, supported by its expanding digital banking business.
Tycoon Manuel V. Pangilinan said PLDT and the First Pacific Group are keen on increasing their ownership in financial technology firm Maya, a competitor of payments giant GCash, potentially taking even majority control should foreign investors decide to exit.
Maya, the leading digital bank in the Philippines, reported on Wednesday a significant improvement in its customers' saving habits, with average account balances more than doubling in just a year.