---
title: "Mynt sets record $3.3 bn price for Philippine IPO"
slug: "mynt-sets-record-3-3-bn-price-for-philippine-ipo"
date: "2026-10-04"
category: "Business & Society"
author: "Simon Banks"
correspondent: "Simon Banks"
correspondentRole: "Labor & Societal Impact Investigator"
readingTimeMinutes: 1
tags: ["News"]
originalSourceUrl: "https://asia.nikkei.com/business/markets/ipo/gcash-parent-prices-philippine-ipo-at-record-3.3-billion-dollars"
canonicalUrl: "https://aurav.ae/mynt-sets-record-3-3-bn-price-for-philippine-ipo"
publisher: "Aura-V Intelligence (aurav.ae)"
---

# Mynt sets record $3.3 bn price for Philippine IPO

> Mynt, the parent of GCash, priced its Manila listing at 6.60 pesos per share, targeting a $3.3 bn raise.

## Key Takeaways (TL;DR)

- Mynt priced its IPO at 6.60 pesos per share, aiming for a $3.3 bn capital raise.
- The offering would become the Philippines' largest public offering to date.
- Proceeds are earmarked for expanding GCash’s financial services portfolio.

Mynt, the company behind the digital wallet GCash, announced a final offer price of 6.60 pesos per share, keeping the deal on track for a roughly 60.9 billion-peso ($3.3 bn) IPO, the biggest ever in the Philippines [Source](https://asia.nikkei.com/business/markets/ipo/gcash-parent-prices-philippine-ipo-at-record-3.3-billion-dollars).

The pricing follows a surge in GCash usage during the COVID-19 pandemic, which prompted market watchers to anticipate a public listing.

Our read: The capital raise is positioned to fund broader financial-services offerings, potentially deepening GCash’s reach in a market where mobile payments are still expanding.

Our read: By setting a record-size IPO, Mynt signals confidence in the Philippines’ fintech ecosystem, but the scale also raises expectations for sustained user growth and regulatory compliance.

---

*Original Think-Tank Source: [GCash parent prices Philippine IPO at record 3.3 billion dollars](https://asia.nikkei.com/business/markets/ipo/gcash-parent-prices-philippine-ipo-at-record-3.3-billion-dollars)*