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Mynt

Asia/PacFintechNews RoundupOnline Lending
·Mar. 8, 2017

Ant Financial Makes Significant Investment in the Philippines

Alibaba's affiliate Ant Financial has reported an investment in payment provider Mynt which has its business focus in the Philippines; Mynt currently has three million registered customers and reports one billion pesos ($19.9 million) worth of transactions per week; it provides services for consumers, merchants, and organizations primarily through its GCash and Fuse Lending businesses; GCash serves as its micropayment service provider and Fuse Lending offers online personal and business loans.  Source

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BTG Pactual
Crypto
·Apr. 6, 2023

BTG Pactual launches first dollar-backed stablecoin issued by a bank

BTG's recent move anticipates a scenario that should be commonplace starting next year in Brazil.
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