GCash, the country’s leading finance super app and largest cashless ecosystem, expanded its presence overseas by launching a new feature that allows overseas Filipinos in the UK and Europe to seamlessly link their international bank accounts to their GCash wallets starting this month.
“Many Filipinos have chosen Europe and the United Kingdom as their home. GCash hopes to provide their needs and help them connect with their loved ones, as a trusted digital finance partner made for Filipinos, by Filipinos,” said GCash International general manager Paul Albano.
Floris de Kort, chief executive of Thunes, said the company is expanding its collaboration with GCash, a long-standing valued member of Direct Global Network, to transform digital wallet top-ups.
“Through Thunes’ Direct Global Network, we are now delivering an instant top-up service that simplifies cross-border transactions. Our alliance with GCash is a testament to our passion for innovation, the versatility of our proprietary network, and our dedication to financial inclusion through money movement around the world,” he said.
Through the UK/EU bank cash-in feature and other partnerships with international remittance companies, GCash hopes to widen its push towards Digital Financial Inclusion, ensuring that no Filipino is left behind in accessing financial services regardless of their socioeconomic status, gender and location.
GCash became the Philippines’ first and only $5-billion unicorn, thanks to new investments from Japan’s largest banking group Mitsubishi UFJ Financial Group (MUFG) and Philippine conglomerate Ayala Corp.
