Latham & Watkins and ACCRALAW have advised U.S. private equity firm Warburg Pincus as one of the investors in the $300 million funding round of the Philippines’ Mynt.
Mynt is a digital financial solutions provider, owned by Philippine mobile operator Globe telecom in partnership with Ayala Corporation and Ant Financial.
The funding round, which valued Mynt at $2 billion. saw participation from other PE/VC firms Insight Partners, Itai Tsiddon, Bow Wave and Amplo Ventures, as well as capital from Globe and Ayala.
Partner Amy Beckingham led the Latham team.
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