Mynt Inc., the parent company of e-wallet giant GCash, has filed for a P92.3-billion initial public offering with the Philippine Stock Exchange and the Securities and Exchange Commission, potentially making it the largest IPO in Philippine history.
The fintech firm, a joint venture of Globe Telecom, Ayala Corporation, and Ant Group, plans to launch the offering in the fourth quarter and raise funds through the sale of up to 8.03 billion common shares.
The IPO includes both primary and secondary shares, with an additional overallotment option that could increase public ownership to 13.8 percent.
According to Mynt president and CEO Martha Sazon, GCash currently serves more than 90 million Filipinos and processed P17 trillion in transactions in 2025.
Mynt reported P79.8 billion in revenue and P17.2 billion in profit last year, underscoring the company’s strong financial performance ahead of its planned market debut.
Source: PhilNews24 | June 30, 2026
