Big things are happening behind your GCash app.
Japanese business giant Mitsubishi Corporation has just teamed up with Ayala Corporation in a major move that could take GCash to the next level.
In a deal worth at least ₱18.4 billion, Mitsubishi bought 50% of Ayala’s stake in AC Ventures Holding Corp. (ACV)—the company that owns part of GCash’s parent company, Mynt.
Translation? Mitsubishi now owns an indirect 6.5% of GCash, and they’re not just here to sit around. They’re bringing serious tech, financial experience, and global connections to the table.
READ ALSO: GCash value soars to $5 billion after fresh investments
So… what’s in it for us GCash users?
Quite a bit, actually.
With Mitsubishi now on board, you can expect GCash to roll out even more powerful features. Think smarter loans, better investment options, more secure transactions, and even new services that might let you use your wallet in other countries.
They might also team up with other Mitsubishi and Ayala businesses—imagine discounts or exclusive promos with brands you already shop from.
GCash is booming
GCash isn’t just popular—it’s massive. Over 94 million people use it now, and its value has jumped to around $5 billion. That’s more than double what it was worth just a few years ago.
There’s even talk of GCash going public, and if that happens, its value could hit $6 billion or more.
Why does this partnership matter?
This deal shows how serious global companies are about the future of digital finance in the Philippines. Mitsubishi’s move is a major vote of confidence—not just in GCash, but in Filipino tech and innovation.
While the deal is still going through the final paperwork and approvals, it’s clear that this partnership is setting the stage for some big upgrades.
Bottom line: your GCash wallet might soon be smarter, faster, and more powerful than ever. Keep your eyes open—big things are coming.
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