TOKYO, JAPAN — As the Philippines and Japan are set to improve bilateral and economic relations, Mynt, Inc., the parent company of GCash, has signed two key agreements in Tokyo, during the state visit of President Ferdinand “Bongbong” Marcos Jr.
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On May 27, 2026, the fintech group behind the Philippines’ number one finance superapp and largest digital ecosystem, marked its partnerships with its key shareholders: Ayala Corporation, Mitsubishi Corporation, and MUFG Bank, Ltd. The groups look to improve collaboration to accelerate the international expansion and digital transformation of the GCash ecosystem—further boosting its push for financial inclusion.
The first agreement, a "Memorandum of Understanding (MOU) on Value Creation and Growth of GCash," establishes a four-party framework among Mynt, Ayala, Mitsubishi, and MUFG. This collaboration is designed to scale the user base of GCash and cross-border capabilities. Key focus areas include the expansion of financial services—such as lending, wealth management, and advanced payments—alongside the deep integration of GCash into the groups’ extensive business ecosystems spanning retail, banking, real estate, energy, and mobility.
The second MOU focuses on digital solutions, entered into by Mynt, Ayala, and Mitsubishi Corporation. The companies aim to conduct discussions to create a more intelligent digital life for Filipino consumers. By leveraging the collective capabilities of the Mynt Group—the alliance will explore opportunities to enhance digital customer engagement.
"These partnerships represent a massive vote of confidence in Mynt’s long-term vision,"
said Mynt President and CEO Martha Sazon.
"By combining the leading digital platform of GCash with the unparalleled global networks and operational ecosystems of MUFG, Mitsubishi, and Ayala, we are unlocking unprecedented value and taking Philippine fintech to the global stage."
This landmark double-signing highlights the strengthening economic ties between the Philippines and Japan while positioning Mynt at the forefront of regional digital innovation and financial inclusion. Moreover, these build on a strong shareholder foundation between the companies. MUFG Bank acquired an 8% stake in Mynt in February 2025, while Mitsubishi Corporation holds a strategic indirect stake following its October 2024 investment in Ayala Corporation’s AC Ventures.
