GCash Parent Mynt Sets IPO Price at 6.6 Pesos

Mynt, the owner of Philippine mobile payments app GCash, has priced its initial public offering at 6.6 pesos per share, according to people familiar with the deal. The pricing was reported by Reuters, which cited unidentified sources.

The move sets the stage for a listing that would put one of the Philippines' best-known consumer technology brands in front of public market investors. GCash is widely used across the country for money transfers, bill payments and other everyday financial services, giving it a level of name recognition that few local technology firms enjoy.

A debut of this kind would draw close attention across Southeast Asia, where digital wallets and other fintech businesses have attracted heavy investor interest in recent years. The offering will test appetite for Philippine technology assets at a time when global markets remain sensitive to questions of valuation and timing.

Mynt has not publicly commented on the pricing, and the report did not include the full terms of the offer, such as the total amount the company expects to raise or how the shares will be allocated. The people who provided the figure were not named.