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Startups

Philippine fintech Mynt hits $2bn valuation after fundraising

$300m funding round is company's largest ever, underscores its unicorn status

Mynt owns GCash mobile wallet, a widely used app for merchant payments and money transfers in the Philippines. (File photo by AP)

MANILA -- Mynt, the Philippine fintech backed by Ant Group, on Tuesday said it had raised over $300 million from new and existing investors in its largest-ever fundraising, valuing the company at over $2 billion.

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