WORLD · VERIFIED DEVELOPMENT
GCash Secures Record IPO Backing from Global and Local Investors
WHY IT MATTERS
The significant backing from global and local investors underscores the confidence in GCash's growth prospects and its position in the Philippine fintech market.
What happened
GCash, the parent company of Mynt, has secured commitments from over 20 global and local institutions to invest in its record-setting initial public offering (IPO). The cornerstone investors include notable global asset managers such as BlackRock, T. Rowe Price, and Schroders.
These investors have committed around P36. 5 billion, covering approximately the entire institutional tranche.
The IPO is expected to open to ordinary investors after the institutional tranche is allocated. GCash is set to debut on the Philippine Stock Exchange on October 20 under the ticker GCASH.
PRIMARY SOURCES
Meet the new cornerstone investors lining up for GCash’s record IPO
Rappler · Lance Spencer Yu · Discovery only; publisher copyright terms apply
CORRECTIONS & UPDATES
- Revision 1 · Initial ingestion · Sep 25, 2026, 12:15 PM
- Revision 2 · Source update detected · Sep 25, 2026, 12:15 PM