Mynt Files for Record $1.5 Billion Philippine IPO

Mynt Inc., the holding company of GCash, filed for an initial public offering on the Philippine Stock Exchange on 29 June 2026, seeking to raise up to $1.5 billion—the largest ever listing on that exchange. Mynt is backed by Ant International, the international operations arm of Ant Group, which faced Chinese regulatory restrictions after its own blocked $37 billion IPO in 2020. The PSE listing sidesteps more liquid venues like Hong Kong or Singapore, aligning with Philippine securities requirements and political considerations around foreign fintech control.