GCash is ‘ripe for an IPO’ in 2023, Filipino parent company says
The CEO of parent firm Globe Telecom told Bloomberg that GCash has been profitable for years and they want it to be push-button-ready by the end of the year.
The CEO of parent firm Globe Telecom told Bloomberg that GCash has been profitable for years and they want it to be push-button-ready by the end of the year.
In this CoinGeek Backstage interview, Mark Nunez shares how GCash is working to promote a safe Bitcoin adoption in the country while slowly introducing Filipinos to the world of Web3.
Local blockchain, web3, and NFT leaders joined the Bull or Bear: Philippine Web3 Debate in La Union, which centered around the current issues the digital currency industry faces today.
Bitskwela is hosting an event to drive the hot summer heat up with another round of Bull or Bear debate on March 17 in San Juan, La Union.
After several months of teasing, GCrypto is reportedly available to some select users as GCash competes with rival Maya, but complaints abound about the high fee.
The event, to be held on October 17-21, will feature key Southeast Asian fintech giants and focus on the rise of ASEAN region’s profile as a global fintech hub.
Dito CME believes that with a population of 110 million and a media age of 25, the Philippines has the numbers to dominate the blockchain sector in Asia.
GCash first revealed plans to support digital assets last year when it expressed a desire to follow in the footsteps of other payment service providers like PayPal, Square, and Venmo.
The payments provider is going for a full-suite experience for digital currency buyers with its new offering as it chases after its biggest rival GCash, which recently made the same move.
GCash, which serves over 40% of the population, believes that in order to cement its position as a disruptor, it needs to integrate one of today’s rising technologies—digital currency.