Mynt is Globe’s newest mobile financial services providing company that aims to be the next billion’s “bank” recently tied-up with Cebuana Lhuillier of the PJ Lhuillier Group of Companies to power up solutions dealing with micro-financial services such as pawning, remittance, micro-insurance, bills payment, microloans, and business-to-business solutions. The partnership aims to empower entrepreneurs and ordinary citizens to change how they look at banking.
With access to the innovation thought process of Globe Telecom and leveraging on the mobile technology of G-Xchange, Inc. (GCash), Mynt seeks to provide an entire ecosystem of mobile financial services and solutions to not only the country, but the entire Asian region as well.
Cebuana Lhuillier, the Philippines’ leading and largest micro-financial institution with over 1,800 branches nationwide and abroad, aims to serve more Filipinos here and abroad with the recent Mynt-Cebuana Lhuillier partnership.
Representing Mynt, Abet Tinio, President and CEO of G-Xchane, Inc., an operating company of Globe Fintech innovations, Inc. (Mynt), describes, “the gap we have to cross financial solutions is wide,” during the formal launch of Globe, Mynt, and Cebuana Lhuillier partnership held last Friday at F1 Hotel in BGC.
He also mentioned that 95% of the Filipinos do not have credit cards and 11,000 municipalities in the Philippines do not have banks. “Further, new and existing Cebuana Lhuillier customers can now have access to additional products and financial services under the Mynt umbrella under GCash and Globe,” Tinio added. “With partnership such as this, we are building bridges that are wider that these gaps.”
Mynt offers mobile payment schemes which allows users to pay bills via their mobile phone or through the internet to create a hassle-free experience.
“Cebuana Lhuillier is focused on financial inclusion and with this partnership will bring forth to that growth,” said Jean Henri Lhuillier, President and CEO of the PJ Lhuillier Group of Companies, a conglomerate comprised of notabel institutions including Cebuane Lhuillier Pawnshop (PJ Lhuillier Inc.), Cebuana Lhuillier Insurance Solutions, Cebuana Lhuillier Services Corporation, Cebuana Lhuillier Financial Corporation, Cebuana Lhuillier Marketing Services, Inc., Cebuana Lhuillier Foundation, Inc., Cebuana Lhuillier Rural Bank, Just Jewels Diamaonds Boutique Corporation, Le Soleil De Boracay Resort, Palm Rock Residences, and Networld Capital Ventures, Inc.
“Working with telecommunications and technical expertise I believe will bring us to the next level.”
“It’s great to turn friends into business partners and I think that’s what Globe does quite well. It is the coming together of companies, such as this, a brick and mortar team up with 1,800 locations to bring out a product that is more convenient that will bring eMoney to the forefront,” shared Ernest Cu, President and CEO , Globe Telecom.
Globe Telecom, Inc. is the number one mobile brand in the PHilippines and the purveyor of the Filipino digital lifestyle. They provide cellular, broadband, and mobile data services by focusing on enriching content offerings amid customers’ growing preference for multimedia platforms across screens and devices.
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