GCash

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GCash - overview

Established

2015

Location

Taguig City, -, Philippines

Primary Industry

Financial Services

About

Based in Metro Manila, Philippines, and founded in 2015, G-Xchange, Inc. is a fintech company wholly owned by Globe Telecom that provides online financial services, including payments, remittance, loans, and business solutions. In February 2026, G-Xchange, Inc. raised USD 30 million in venture debt funding from investor Asian Development Bank.


As of December 2021, Martha Sazon is the CEO and President of Mynt.  Globe Fintech Innovations, Inc. offers payments, remittances, loans, and business solutions. The payment solution of the company allows users to make a convenient and safe cashless transaction using a mobile phone as a virtual wallet to make purchases and pay bills.


The remittance solution allows customers to send and receive money. The loans solution allows clients to get access to financial assistance. The company’s business solutions provide an ecosystem to drive cashless transactions for disbursements, payments, collections, and more. Globe Fintech Innovations, Inc.


has generated USD 5,341. 656 million in revenue in the fiscal year that ended in December 2019. Globe Fintech Innovations, Inc. plans to launch Buy Now, Pay Later products within the year.


Current Investors

Ant Group, AC Ventures, Bow Wave Capital Management

Primary Industry

Financial Services

Sub Industries

e-Financial

Website

www.gcash.com

Verticals

FinTech, FinTech, FinTech, Mobile Apps

Total Amount Raised

Subscriber access only

GCash - financials

Fiscal Year EndedDec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023
Revenue (USD)-245,006,862397,204,5481,134,839,4255,341,655,7481,826,916,255---
% Revenue Growth (YoY)--62.1%185.7%370.7%(65.8%)---
EBITDA (USD)(38,160,836)(2,994,343)(1,156,415,148)(2,490,098,382)(5,535,224,552)114,362,064---
Operating Income (USD)(38,440,478)(12,025,569)(1,325,794,786)(2,664,128,941)(5,729,794,025)(47,045,215)---
Operating Margin-(4.9%)(333.8%)(234.8%)(107.3%)(2.6%)---
% EBITDA Margin-(1.2%)(291.1%)(219.4%)(103.6%)6.3%---
NET Income (USD)(38,225,858)(11,892,243)(1,285,936,181)(2,634,632,311)(5,792,932,808)(184,764,173)---
% Net Margin-(4.9%)(323.7%)(232.2%)(108.4%)(10.1%)---

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