8 months Mynt payments app to roll out insurance products in PH MB |Biz
Mynt, the Philippine payments app backed by billionaire Jack Ma’s Ant Financial, plans to roll out insurance products en route to becoming a sprawling financial services platform in its Chinese ally’s image. The operator of GCash is now trying to become a conduit for insurance policies with the help of strategic partners that can help it expand a slate of products from banking and credit-scoring to financing and money market funds, Chief Executive Officer Anthony Thomas said in an interview. Mynt, 45 percent owned by Ant, is racing against ride-hailing services Grab and Tencent Holdings Ltd.-backed Voyager to tap a ... more