Key facts
- Mynt, the parent company of digital wallet GCash, has received approval from the Philippine Stock Exchange for its IPO.
- The IPO is scheduled to take place on October 20.
- The offering could raise up to 92.32 billion pesos ($1.4 billion).
- This IPO could be the largest in the Philippines' history.
Mynt, the parent company of the Philippine digital wallet GCash, has received approval from the Philippine Stock Exchange (PSE) for its initial public offering. The company is set to make its market debut on October 20, with the potential to raise up to 92.32 billion pesos ($1.4 billion). If successful, this offering could become the largest IPO in the Philippines' history. GCash is a prominent digital wallet in the country.