Fintech unit of Globe fully acquires payment platform • Lorenz S. Marasigan

Globe Fintech Innovations Inc. (Mynt) has fully acquired Electronic Commerce Payments Inc. (ECPay) for roughly P3 billion, Globe Telecom Inc. said on Monday. In a disclosure to the stock exchange, Globe said it sold its 77-percent stake in ECPay to Mynt for P2.31 billion. It also announced that the minority stakeholder, Payment One Inc., sold

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