Mynt Seeks $1.5 Billion in Record Philippine IPO

GCash's parent company filed to list on the Philippine Stock Exchange on 29 June 2026, targeting up to $1.5 billion—the exchange's largest ever offer. Mynt is backed by Ant International, the overseas arm of Ant Group, which saw its own $37 billion IPO blocked by Chinese regulators in 2020. The Manila listing bypasses deeper markets like Hong Kong, reflecting Philippine rules and concerns about foreign control of fintech infrastructure.