Mynt, the parent company of GCash, has formally filed an application to list on the Philippine Stock Exchange (PSE) as of June 17, 2026. The company's board of directors and shareholders authorized the IPO filing and submission to the Philippine SEC and PSE today [1, 2, 3, 4, 5].

The company plans to offer 12 percent of its total outstanding capital stock post-IPO, comprising both existing shares and new shares [2, 3, 4, 5]. Mynt aims to raise between US$1 billion and US$1.5 billion through the public offering, with a valuation benchmarked at up to US$9 billion [2, 3, 4, 5].

Mynt owns GCash, the Philippines’ largest e-wallet operator, which began as an SMS-based money remittance service in 2004. GCash now provides payments, lending, and other digital financial services [3, 4, 5].

Globe Telecom, owned by Ayala Corporation, is Mynt’s largest shareholder. Other major investors include Ant Group, Mitsubishi UFJ Financial Group, Warburg Pincus, and Bow Wave Capital [2, 3]. On the day of the IPO announcement, June 17, 2026, Globe Telecom’s share price rose by up to 5.05% [2].

The Philippine SEC recently lowered the minimum public float requirement for IPOs to 15 percent, with possible reductions to 12 percent for large IPOs such as Mynt’s, allowing for more flexible public offerings [3, 4, 5]. This IPO could be one of the largest ever on the PSE and offers an exit opportunity for private equity investors holding roughly 10-12 percent of Mynt’s shares [2].

Martha Sazon, President and CEO of Mynt, said, "The authorisation of our board and shareholders allows us to work towards a potential public listing as the next step in Mynt’s growth journey." She added, "We hope Mynt’s journey could also inspire Filipino companies and startups, fostering a spirit of innovation and entrepreneurship in the local tech community, all while promoting the Philippines as a vibrant hub for technology and fintech innovation in South-east Asia" [3].

Mynt could file its IPO prospectus as early as June 2026, with a listing expected between the third and fourth quarters of 2026 [2, 3, 4, 5].