Mynt, the parent company of Philippine fintech giant GCash, reported a net income of ₱16.5 billion ($261.25 million) for the first nine months of 2026, up 17.4% from the same period last year, reflecting continued growth in digital payments and financial services.
Revenue climbed 12.2% year on year to ₱67.1 billion ($1.06 billion) from January to September, while third-quarter revenue increased 16.6% to ₱24 billion ($379.98 million).
Business momentum
The faster quarterly revenue growth suggests that Mynt maintained business momentum heading into the final quarter, supported by the expanding use of GCash for everyday transactions and its growing range of financial products.
The results reinforce GCash's position as one of the Philippines' most important digital financial platforms, as the country moves towards wider adoption of cashless payments and digital banking.
The numbers behind the growth The company's operating indicators show that growth is coming from both payments and lending.
42.1 million monthly active users in Q3, up 9.7% year on year.
64.4 million average daily transactions during the first nine months, up 16%.
₱15.1 trillion payment transaction value, up 23.1%.
7.8 million active borrowers across its CreditTech business.
₱79.3 billion loan portfolio, expanding 43.3% year on year.
4.8% non-performing loan ratio (NPL) as of September 30, indicating that asset quality remained broadly stable compared with the previous quarter.
