SEA Deal Ticker
Manila's Mynt files for a $1.5B IPO, the Philippines' largest ever
GCash's parent will sell up to 9.23 billion shares at ₱10 apiece, targeting ₱92.3 billion ($1.5B) and a Q4 listing — eclipsing Monde Nissin's 2021 record.
Positive-sum angle: A wallet with 90 million users going public deepens the Philippines' thin equity market — and hands GCash the balance sheet to push credit and savings deeper into the still-unbanked.