Business dealsMUFG to invest $393m in Philippine mobile payment leader Mynt
Financial group eyes growth in Southeast Asian digital finance market
Mitsubishi UFJ Financial Group is set to buy 10% of Globe Fintech Innovations, a leading Philippine mobile payments operator better known as Mynt. (Photo by Ken Kobayashi)
YUKI NAKAMURA, Nikkei staff writer
TOKYO -- Mitsubishi UFJ Financial Group is set to invest $393 million in Globe Fintech Innovations, a leading Philippine mobile payments operator better known as Mynt, as it expands its foothold in Asia's booming digital financial market, Nikkei has learned.