Press "Enter" to skip to content

Posts tagged as “Fintech”

Salmon and NBA Team Up for Multi-Year Partnership in the Philippines

Philippine-based FinTech startup, Salmon announced that they are teaming up with NBA in a multi-year marketing partnership with the NBA. The announcement was made at SPACE in One Ayala, Makati City. The launch brought together key leadership from both organizations, including Sheila Rasu (NBA Head of Southeast Asia and Asia Marketing) and Ed Winkle (NBA Associate Vice President), alongside Salmon co-founders George Chesakov, Pavel Fedorov, and Raffy Montemayor.

As part of the deal, Salmon kicked off its involvement as a Supporting Partner for NBA House 2026, offering immersive fan experiences, interactive booths, and merchandise activations.

Yugatech reports, “The partnership will bring NBA-themed promotions, fan events and branded merchandise to Filipino basketball fans. Salmon will also support NBA House Philippines 2026 in Makati and become the Presenting Partner of the NBA 3X Philippines Open starting with the 2026-27 season. The NBA 3X Philippines Open will feature men’s and women’s 3-on-3 teams alongside NBA entertainment.”

GCash Parent Mynt Authorizes Filing for Potential Initial Public Offering on Philippine Stock Exchange  

via Mynt.com.ph;

Mynt, Inc. (“Mynt” or the “Company”), the fintech pioneer behind the Philippines’ number one finance superapp GCash, today announced that its Board of Directors (the “Board”) and shareholders have authorized the Company’s filing of a registration statement with the Securities and Exchange Commission (SEC) and a listing application with the Philippine Stock Exchange, Inc. (PSE) in connection with a potential initial public offering (IPO), with the following terms:‍

  1. The offer will be equivalent to 12.0% of Mynt’s total outstanding capital stock post-IPO (“Firm Shares”), with each common share having a par value of P0.03 per common share.
  2. Firm Shares will consist of both primary and secondary offers.

This same information has been disclosed by Globe Telecom, Inc. in accordance with corporate governance standards and pertinent disclosure rules and regulations.

Maya to let Grab users loan up to P30k  

Benise Balaoing, writing for ABS-CBN News;

Maya is partnering with Grab to give users of the ride-hailing and food delivery app access to loans up to P30,000.
….
Aside from this, Grab users can now use Maya Easy Credit to top up their Maya Wallet and easily pay for Grab rides or food deliveries.

It’s interesting that Grab is partnering with Maya to offer loans to its users, even though Grab a offers similar finance service/features called Grab Pay, and it competes with Maya in some markets.