GCash Gets PSE Approval for Planned IPO

GCash gets PSE approval for planned IPO

Mynt Inc., operator of GCash, has received PSE approval for its IPO, nearing one of the largest listings in the Philippines.

GCash Owner Gets Approval for Up to $1.5 Billion Philippines IPO

The company behind GCash, the biggest mobile wallet app in the Philippines, received approval from the country’s stock exchange operator of an initial public offering of as much as 92.3 billion pesos ($1.47 billion), clearing the final regulatory hurdle for a record debut.

GCash IPO could boost Philippine capital market amid slower growth

MANILA, Philippines —The planned initial public offering of Mynt Inc., the parent company of GCash, could help deepen retail participation in the Philippine capital market by bringing millions of existing digital-finance users closer to stock-market investing, Galing sa Puso party-list Rep. Jan “JP” Padiernos said.Padiernos, a member of the House Committee on Banks and Financial Intermediaries, said about 49 million Filipinos, or roughly 42 perc…

Mynt Clears Final Approval for GCash's $1.5 Billion Philippine IPO

Mynt Inc., the fintech behind GCash, has cleared Philippine SEC approval for a share offering worth up to $1.5 billion, set to become the country's largest-ever IPO. Shares price in early October and list on October 20 under the ticker GCASH, valuing the Ant Group and Ayala-backed wallet at roughly $10.9 billion.

PSE Prepares for Potentially Largest IPO With Mynts P92.32 Billion Deal

Quick Summary: PSE Prepares for Potentially Largest IPO With Mynts P92.32 Billion Deal The SEC approved Mynt’s IPO on September 4, setting the stage for a major market event. GCash’s 49 million users could expand retail investor participation beyond Metro Manila. The IPO could raise up to P92.32 billion, potentially the largest in PSE history. […]

GCash parent’s planned IPO could open ownership opportunity for Negros investors

Prospective investors in Bacolod City and Negros Occidental could have an opportunity to own shares in Mynt Inc., the parent company of GCash, through its planned initial public offering (IPO), according to a press release. BDO Capital president Eduardo Francisco said the final offer price could range from P7.50 to P8.50 per share, below the […]