Manila, Philippines – Mynt, the fintech company behind finance superapp GCash, has authorised the filing of a registration statement with the Securities and Exchange Commission (SEC) and a listing application with the Philippine Stock Exchange (PSE) as part of plans for a potential initial public offering (IPO).
The proposed offer will represent 12% of Mynt’s total outstanding capital stock following the IPO.
The firm shares will comprise both primary and secondary shares, with each common share carrying a par value of PHP0.03.
The company said the move marks a significant milestone in its growth journey, although the offering remains subject to regulatory approvals, market conditions, transaction structure, governance consents, and other customary closing requirements.
Martha Sazon, President and CEO of Mynt, said the authorisation enables the company to pursue a potential public listing while remaining focused on its long-term priorities of serving customers, supporting merchants, strengthening its platform offerings, and building a sustainable business.
Founded in 2015, Mynt has expanded GCash from an e-wallet service into what it describes as the Philippines’ largest cashless ecosystem and leading finance superapp.
GCash traces its origins to a mobile remittance service launched in 2004 and has since expanded into payments, lending, and other digital financial services serving consumers, merchants, and enterprise partners nationwide.
Sazon also expressed hope that Mynt’s journey could inspire more Filipino startups and businesses to innovate, while strengthening the Philippines’ position as a regional hub for technology and fintech development in Southeast Asia.
Further details on the potential IPO will be disclosed in accordance with applicable regulations as the process progresses.
