Published • loading... • Updated
GCash Owner Mynt Edges Higher in Record Philippine IPO Amid Asian Sell-Off
- On Tuesday, October 20, 2026, Mynt Inc. debuted on the Philippine Stock Exchange after raising ₱60.9 billion in the country's largest-ever initial public offering.
- The deal surpassed Monde Nissin's ₱52.2-billion offering from 2021, and Mynt will deploy proceeds to fund digital financial-services growth and product development.
- More than 20 cornerstone investors including BlackRock and the International Finance Corporation secured nearly 60 per cent of the offer allocation, committing about ₱36.5 billion before the public offer opened.
- Shares closed at ₱6.71, finishing 1.67 per cent above the ₱6.60 offer price, and became one of the most liquid names on the bourse with over ₱4.3 billion traded.
- President Ferdinand Marcos Jr. attended the debut, stating "the stock market needs renewed investor interest and broader participation," as Mynt now focuses on translating its scale into sustainable value creation.
Insights by Ground AI
Podcasts & Opinions
12 Articles
12 Articles
Mynt's Record Philippine IPO Ends Flat In First Trading Day
·Jersey City, United States
Read Full Article
It’s official: GCash parent Mynt makes PSE debut
MANILA, Philippines — GCash parent Mynt Inc. made its Philippine Stock Exchange debut on Tuesday, bringing the country’s largest e-wallet operator to the stock market following strong demand from local and foreign investors. The company marked its listing on the PSE’s main board with the opening bell. READ: All set for P92-B GCash IPO in Oct
·Makati, Philippines (the)
Read Full Article
Coverage Details
Total News Sources12
Leaning Left3Leaning Right2Center4Last UpdatedBias Distribution45% Center
Bias Distribution
- 45% of the sources are Center
45% Center
L 33%
C 45%
R 22%
Factuality
To view factuality data please Upgrade to Premium
