Mynt, parent of GCash, closes flat after raising US$967 million in its IPO

FinanceInternationalDiario del SurOct 20, 2026, 8:49 PM35 s readAI summary

Mynt, parent of the Philippine digital wallet GCash, closed unchanged on its first trading day on the Philippine Stock Exchange after raising about US$967 million in the largest initial public offering in the history of the Philippine market. Shares traded at 6.60 Philippine pesos, the same as the offer price, after briefly reaching 6.76 pesos. The deal raised about 60.9 billion Philippine pesos and surpassed Monde Nissin's 2021 IPO.

In 35 seconds

Mynt raised about US$967 million (some 60.9 billion Philippine pesos) in the largest IPO in the history of the Philippine Stock Exchange.
Shares closed at 6.60 Philippine pesos, the same as the offer price, after briefly reaching 6.76 pesos.
The closing price valued the company at about 442 billion pesos, close to US$7 billion.

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IASummary generated by artificial intelligence from a story by Diario del Sur. It may contain errors: the original source prevails.

OPI
fintech
GCash
Filipinas
bolsa

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Mynt, parent of GCash, closes flat after raising US$967 million in its IPO

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