Company Name | Recent CEO | Fund Raise | Led By | Post-money Valuation |
Globe Telecom | Ernest L.Cu | $175 M | Bow Wave Capital Management | $1 Billion |
Globe Telecom (Mynt), a well-known telecommunication service in the Philippines, raised a fund of $175 M with a post-money valuation close to $1 billion with the help of capital investor of New York-based firm Bow Wave Capital Management.
Also, read PR Newswire Brandwatch 450M Butcher – TheCasinoAdvice
The company investment, according to Mynt’s President and CEO Martha Sazon, validates the company’s achievements and the potential of its GCash mobile wallet to open up digital services in the Phillippines.