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GCash also revived its remittance service, now called GCash Padala, and made it available to non-app users through its 2,000 partner outlets nationwide. [10] [11] GCash's parent company, Mynt, made history as the Philippine's first double unicorn when it announced that it raised $300M in funding last November 2021 at a $2B valuation.
The Maya app was also named among the world's most innovative apps for digital life at the 2023 Global Mobile Awards held in Barcelona. [26] Maya Bank was among the 415 banks that Forbes ranked in 2023 based on a global survey of 48,000 customers. The criteria included digital and customer services, financial advice, and user trust.
In partnership with GCash, it became the first QR code transport ticketing system in the country on October 15, 2019 with BGC Bus and Cebu's Topline Express Ferries being the first to adopt the system for passengers’ payment through the GCash mobile app. [14] [15]
With a user base of more than 94 million—larger than the population of Germany—GCash is arguably the most popular Filipino finance app. Launched in 2004, GCash began as an SMSbased money ...
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