Mynt starts taking orders for record IPO in the Philippines

Mynt: Mynt is a Philippine fintech company that operates the GCash mobile payments and financial services platform. The company recently began taking orders for its initial public offering, positioned as the largest in the country's history and expected to list on the Philippine Stock Exchange in the fourth quarter. Backed by major shareholders including Globe Telecom, Ayala Corp, and Ant Group, Mynt is advancing its expansion in digital financial services through the public listing process. GCash: GCash is the leading mobile wallet and financial super app in the Philippines, offering digital payments, transfers, lending, and related services to a broad user base. Operated by Mynt through its subsidiary G-Xchange, the platform has established dominance in the country's cashless economy. Its strong market position underpins the record-setting IPO of its parent company Mynt. Market Boost: The transaction is expected to provide meaningful support to the Philippine equity market, which has seen limited equity capital markets activity in 2026. IPO Milestone: Mynt's offering is set to become the largest initial public offering in Philippine history, surpassing previous records set by earlier listings. Investor Backing: The IPO has attracted commitments from over 20 cornerstone investors, including major global asset managers such as BlackRock and T. Rowe Price.