MANILA, PHILIPPINES — Leading finance app GCash has inked a partnership with Toki, the first social ecommerce platform in the country dedicated to collectibles. The partnership aims to build a secure community of verified buyers and sellers of collector items such as sneakers, Lego, toys, sport cards, trading cards, Funko, and many others.
The integration of GCash into the Toki platform will give its users access to a seamless and secure payment platform and provide them with consumer financing such as GCredit and GGives. Toki sellers will be able to equip themselves with GCash QR codes, which will streamline the payment process and enhance the overall user experience. The partnership will also integrate Toki into GCash’s dynamic lineup of lifestyle products under the GLife feature by next year.
Launched by former GCash employees Frederic Levy, Zoe Ocampo, and Jules Jurado, Toki is a pioneering social ecommerce platform that caters specifically to the needs of collectors. As avid collectors themselves, the founders are familiar with the challenges local enthusiasts face in selling or buying collectibles. Toki offers a smooth, secure, one-stop shop and mobile-first environment where every seller is curated, every collectible is verified, and every transaction is guaranteed, ensuring a trustworthy and efficient transaction experience. Since launching last November 2023, Toki has registered 70,000 users, onboarded more than 200 sellers, proposed more than 250,000 items, and hosted more than 500 livestream auctions.
“The founders of Toki, all former members of the GCash team, have a long-standing history with GCash, and through this global partnership, GCash is poised to significantly boost Toki’s growth journey,” said Toki Co-founder Frederic Levy.
By the fourth quarter of 2024, Toki will integrate GCash’s Webpay, enabling users to conduct seamless end-to-end transactions within its marketplace and during its livestream auctions.
Toki already launched several initiatives in partnership with Globe as part of the Globe Prepaid Rewards program on the GlobeOne app. In addition, Toki participated as an event partner at Globe’s “PAPAboritong Bazaar,” where GCash QR was utilized for payments. Meanwhile, Globe Platinum sponsored the on-ground Toki & Secret Fresh event “Beyond the Block.”
“Toki is beginning a truly remarkable collaboration with GCash, and the entire team is particularly excited about the support from the number finance super app and largest cashless ecosystem in the Philippines,” added Frederic.
