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7 clusters · 22 sources · 28 days · First seen · Last updated

Mynt IPO pricing and GCash market expansion

Overview

Mynt, the parent company of the Philippine mobile wallet GCash, has set its initial public offering (IPO) price at 6.60 Philippine pesos per share. The offering period was scheduled from October 6 to October 12, 2026. The base offering consists of approximately 8.03 billion common shares, with an additional over-allotment option of roughly 1.2 billion shares. If the over-allotment option is fully exercised, the deal could raise up to approximately 60.9 billion pesos, potentially making it the largest IPO in Philippine history. This IPO is expected to value Mynt at approximately 441.54 billion pesos (roughly $7 billion).

Major shareholders include Globe Telecom, which holds a 33.8% stake, and Ant Group, which holds 27.6%. The IPO attracted significant institutional interest, with over 20 global and local entities—including BlackRock, IFC, BPI Asset Management, and Metropolitan Bank & Trust Company—committing to the offering. Retail investors could participate directly through the GCash app via the GStocks PH service, powered by AB Capital Securities Inc.

On October 20, 2026, Mynt officially debuted on the Main Board of the Philippine Stock Exchange. President Ferdinand R. Marcos Jr. attended the bell-ringing ceremony, stating that the fintech giant increases “financial accessibility through digital technology.” He noted that strong interest from local and international investors demonstrates “continued confidence in Filipino enterprises despite a challenging global economic environment.” The listing also provides potential benefits to Ayala Corp, which holds an interest in Mynt’s digital financial business.

Entities

Philippine Stock Exchange · GCash · AB Capital Securities Inc. · Mynt · Ant Group

Timeline

  1. [BUSINESS] 3 sources
    Mynt, parent of GCash, completes largest IPO in Philippine history

    Mynt, the parent company of GCash, has launched the largest IPO in Philippine history, raising ₱60.9 billion and achieving a market capitalization of approximately ₱442 billion.

  2. [BUSINESS] 5 sources
    Mynt Inc. debuts on Philippine Stock Exchange with major IPO

    Fintech giant Mynt Inc., the operator of GCash, debuted on the Philippine Stock Exchange with an IPO aiming to raise up to 60.9 billion PHP.

  3. [BUSINESS] 8 sources
    Mynt launches ₱53 billion IPO for GCash parent company

    Mynt, the parent company of GCash, has launched a ₱53 billion IPO in the Philippines, potentially becoming the country's largest ever. Users can buy shares via the GCash app through GStocks PH.

  4. [BUSINESS] 3 sources
    GCash expands Philippine stock market access via GStocks PH

    GCash's GStocks PH platform has reached over 2 million users, enabling Filipinos to invest in the local stock market via mobile with as little as P500 through AB Capital Securities Inc.

  5. [BUSINESS] 3 sources
    GCash expands stock market access via GStocks PH

    GCash's GStocks PH allows users to invest in over 280 Philippine-listed companies with as little as PHP 500 through a simplified, in-app brokerage account with AB Capital Securities Inc.

  6. [BUSINESS] 4 sources
    GCash expands digital investing access via GStocks PH

    GCash is driving financial inclusion in the Philippines through GStocks PH, an in-app platform that has reached over 2 million users and contributes to a significant rise in digital retail stock trading.

  7. [BUSINESS] 2 sources
    Mynt files for record-breaking GCash IPO in the Philippines

    Mynt, parent of GCash, is pursuing a record-breaking ₱92.3 billion IPO on the Philippine Stock Exchange, potentially becoming the largest offering in the country's history.

Sources

ad-hoc-news.de · astig.ph · boholislandnews.com · cltv36.tv · cryptobriefing.com · edgedavao.net · emirates247.com · fintechnews.ph · fintechnews.sg · gensantos.com · gulfnews.com · imtnews.ph · insuranceasia.com · lightreading.com · marketmonitor.com.ph · mindanaotimes.com.ph · ptvnews.ph · tbreak.com · tokenpost.com · toray.co.jp · wazzuppilipinas.com · zigzagweekly.net

This summary has been updated 4 times: see revision history