WORLD · VERIFIED DEVELOPMENT
GCash Employees Receive P100,000 Bonus After Record-Breaking IPO
WHY IT MATTERS
The record-breaking IPO and bonus payout demonstrate the success of GCash and its employees, while also highlighting the challenges faced by the Philippine stock market, which has fallen behind international markets.
What happened
GCash employees, including those across ranks, received a prorated P100,000 bonus after the company's record-breaking IPO. The bonus was delivered to their GCash wallets. Mynt, the parent company of GCash, raised P60.
9 billion in the biggest IPO in Philippine history, surpassing Monde Nissin's 2021 offering. The company's stock ended its first trading day at P6.
60, avoiding a listing day slump. Employees celebrated the IPO with a watch party at their office, while the stock market elite and government bigwigs attended the event.
PRIMARY SOURCES
Big IPO, big bonus: GCash employees get their own payday
Rappler · Lance Spencer Yu · Discovery only; publisher copyright terms apply
CORRECTIONS & UPDATES
- Revision 1 · Initial ingestion · Oct 20, 2026, 4:45 PM
- Revision 2 · Source update detected · Oct 20, 2026, 4:45 PM