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Under Sazon’s leadership, Mynt became the Philippines’ first $5B
double unicorn. The company is now pursuing the largest IPO in Philippine
history, structured with inclusive pricing to open investment opportunities to
everyday Filipinos, further cementing its role as a transformative force in
regional fintech
Martha Sazon, president and CEO of Mynt, the parent company
of GCash, has once again been recognized among Fortune’s Most Powerful Women
2026 Asia—marking her third consecutive inclusion in the prestigious list. The
recognition highlights her role in reshaping financial access in the
Philippines and elevating GCash into the country’s #1 finance superapp.
Sazon assumed leadership during the height of the COVID-19
pandemic, guiding GCash through a period of unprecedented demand. Her focus on
customer-centricity transformed the platform into a lifeline for Filipinos,
democratizing access to digital payments, savings, credit, insurance, and
investments.
Under her leadership, Mynt became the country’s first and
only $5B unicorn, embedding itself into everyday life and even becoming a verb
across the Philippines. Building on this momentum, the company is now in the
midst of its historic IPO process—the largest in Philippine history—structured
with inclusive pricing that opens participation to everyday Filipinos,
effectively democratizing investment across the nation. This groundbreaking
move further underscores its role as a transformative force in Philippine
fintech and signals strong investor confidence in its long‑term vision.
Her influence extends beyond GCash. Sazon has represented
Philippine fintech and innovation at global forums such as the World Economic
Forum in Davos, the International Monetary Fund Executive Board Retreat, the
Global Summit of Women in Dubai, the Mobile World Congress in Barcelona, and
more recently, the UN Global Compact (UNGC) Leaders Summit 2026, which was held
in New York City. By bringing the Philippine perspective to these international
stages, she has helped position the country as an emerging leader in inclusive
digital finance.
“I’m grateful for this recognition, which reflects the work
of the whole team behind what we do. For us at GCash, “Finance for All” means
using technology to make everyday life better and create more opportunities for
Filipinos. There’s still so much more we can do, and that’s what keeps us
going,” said Sazon.
The impact of her leadership is most evident in the country’s
financial inclusion journey, with GCash pioneering inclusive lending through
GScore, its AI‑driven credit scoring system. By recognizing digital behavior
instead of traditional collateral, GCash has opened access to loans for more
than 11 million borrowers, half of whom are women. Before the pandemic, only
29% of Filipinos were banked, and formal borrowing penetration stood at just
12%, with 40% relying on informal lenders. Today, largely because of finance
apps like GCash, 50% of Filipino adults now have a formal financial account, a
transformation that bridges the gap between the unbanked and the banked,
enabling households to manage daily needs, supporting small businesses, and
strengthening communities. These innovations demonstrate how fintech can drive
empowerment at scale.
Sazon’s career spans three decades across industries,
including consumer goods, telecom, and fintech. Prior to Mynt, she spent 12
years at Globe Telecom, where she drove growth in mobile postpaid, SME, and
broadband services. She graduated cum laude in business administration and
accountancy from the University of the Philippines Diliman and pursued further
studies at IMD, INSEAD, and Harvard Business School.
The Most Powerful Women Asia list is one of Fortune’s most
prestigious programs, honoring 150 women leaders across the region whose
influence spans business, culture, and public life. Candidates are evaluated on
scale, innovation, influence, trajectory, and impact—making the recognition one of the most highly competitive
citations for leaders in Asia and a benchmark of leadership excellence. Sazon’s
inclusion affirms not only her achievements at GCash but also her place among Asia’s most transformative
leaders.
It also reflects how Philippine fintech, under her guidance,
continues to redefine financial inclusion through customer‑centric innovation,
empower communities, and earn global respect while contributing to nation‑building.
For more information, please visit www.gcash.com.

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