Leading e-wallet GCash will sell up to 13.8 percent of its outstanding stock on the Philippine Stock Exchange (PSE) to raise as much as ₱92.3 billion, in what could potentially be the country’s largest public listing ever. GCash parent company Mynt Inc. announced that it filed an application to...
Mynt Inc., the operator of the dominant mobile wallet GCash, is planning to raise as much as ₱87 billion ($1.5 billion) in an initial public offering (IPO) that would mark the largest corporate debut in the country’s history. The financial technology firm plans to offer up to 9.23 billion...
The planned $1 billion initial public offering (IPO) by GCash parent Mynt Inc. is poised to inject much-needed liquidity into the Philippine stock market by drawing back international fund managers. “Over the long term, if Mynt performs well in the stock market and becomes part of the index...
With Mynt-GCash racing to become the first Philippine financial technology (fintech) initial public offering (IPO) to raise $1 billion and sister company Vitro Inc. also seeking approval for a ₱24-billion real estate investment trust (REIT) stock market debut, market experts are weighing whether...
The long-awaited initial public offering (IPO) of the company behind the popular e-wallet GCash—expected to be the country’s largest-ever listing by raising more than $1 billion—is finally underway as the company formally takes its first step toward going public. Mynt Inc., backed by Globe...
In the middle of Barangay Bagong Silangan, a crowded neighborhood in Quezon City, the regular sound of a commercial freezer door opening and closing tells you everything you need to know about the local economy. Two years ago, Ivy Joy Tomasar did not exist as far as the local banking system was...
Puregold Price Club, Inc. has entered into a strategic partnership with GCash for Business to accelerate the digitalization of sari-sari stores and expand access to digital payments and financial solutions among Filipino nano, micro, small, and medium enterprises (NMSMEs). Through this partnership...
GCash, the country’s leading e-wallet, is now positioning itself as a global player in financial services as it moves to deepen its cross-border integration with the help of its Japanese partners. GCash’s parent firm, Globe Fintech Innovations Inc. (Mynt), said it aims to leverage agreements...
As digital financial services become essential to daily life, GCash, the Philippines’ leading finance superapp, continues to strengthen its commitment to user security by streamlining its support channels To help users navigate concerns such as unauthorized transactions, account takeovers, scams,...
Technology has made financial services more accessible, faster, and more inclusive, especially for those underserved by traditional banking. This is the power of embedded finance, which seamlessly integrates financial services into everyday platforms and digital experiences, allowing people to...
Summer has always felt like an unofficial reset button for style, a season for leveling up the closet while making sure accessories and essentials stay on point and cashing in on the season’s hottest deals. Even on a budget, looking chic and doing so within a budget doesn’t have to exist on...
These days, not every barkada summer plan has to mean booking flights or planning a whole weekend away. In fact, the plans that usually push through are often the ones closer to home, because it’s so much easier to get everyone to say yes and actually show up. It’s also a more practical way to...
