The move grants Mitsubishi an indirect 6.5% ownership in Globe Fintech Innovations Inc., or Mynt, the parent company of GCash ...

Once the dust settles, Ayala Corp. and Mitsubishi will each hold an equal 50 per cent stake in ACV. Fintech industry watchers expect the deal with give a major power-up for GCash’s future.

Ayala and Mitsubishi will each own a 50-percent ownership stake in ACV after the transaction. ACV holds a 13-percent stake in Globe Fintech Innovations Inc. (Mynt), the parent of GCash.

Ayala Corp and Mitsubishi Corp have signed a deal that will raise the Japanese firm's stake in fintech giant GCash.

Ayala Corp. and Mitsubishi Corp. finalized their Php18.4 billion deal that sells half of the Zobels’ shares of GCash to the Japanese company. The announcement was made by Ayala in a stock exchange ...

Ayala Corp. has finalized an P18.4-billion agreement to sell to Japan’s Mitsubishi Corp. half of the shares held by the ...

AYALA Corp. (AC) on Wednesday said that it had sealed a deal with Japan's Mitsubishi Corp. where the latter would be taking a 50-percent stake in subsidiary AC Ventures Holding Corp., which owns the ...

AYALA CORP. has signed an agreement to sell 50% of its stake in AC Ventures Holding Corp. (ACV) to Japan’s Mitsubishi Corp. for at least P18.4 billion, a transaction that could increase the valuation ...

Conglomerate Ayala Corp. said Wednesday it completed the sale of its 50-percent stake in AC Ventures Holding Corp. (ACV) to ...

Mynt is the parent company of popular finance super app and mobile wallet GCash (operated by G-Xchange Inc.) and fintech micro-lender Fuse Lending. In investing in AC Ventures, Mitsubishi cited in ...