NOT FOR PUBLIC RELEASE, PUBLICATION OR DISTRIBUTION OUTSIDE THE PHILIPPINES, INCLUDING DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA, OR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.
- Mynt delivered record results in the nine-month period ending September 30, 2026, underpinned by accelerating topline and bottomline growth.
- Revenues1 expanded 12.2% to ₱67.1 billion, faster than the 9.8% growth in the first six months of the year, while net income rose 17.4% to ₱16.5 billion—a stronger expansion compared with the 7.3% seen in the first six months of the year.
- Ecosystem growth accelerated as monthly active users reached 42.1 million, driving ₱15.1 trillion in nine-month Payment Solutions gross transaction value and a 43.3% loan book expansion to ₱79.3 billion.
- The earnings follow Mynt’s historic market debut on the Philippine Stock Exchange, which stands to have a total offer size of ₱60.9 billion2, representing the country’s largest Initial Public Offering (“IPO”) to date3.
MANILA, Philippines, 9 November 2026 — Mynt, Inc. (PSE: GCASH) (“Mynt” or the “Company”), the parent company of the group behind “GCash” (the “GCash app”), the Philippines’ number one finance super app4, delivered record results in the third quarter of 2026, as the Company’s quarterly revenues and net income hit all-time-highs on the back of continued adoption and deepening user engagement.
Mynt recorded ₱24.0 billion in revenues1 in the third quarter of 2026, up by 16.6% year-on-year (“YoY”), despite prevailing market headwinds. This performance was driven by continued user growth, deeper payment penetration, and sustained expansion in lending. For the first nine months of 2026, the Company recorded ₱67.1 billion in revenues1, up by 12.2% YoY. This reflects an acceleration from the 9.8% YoY growth posted as of the first half of 2026. Net income for the first nine months of 2026 reached ₱16.5 billion, up by 17.4% YoY, similarly, accelerating from the 7.3% YoY growth recorded as of the first half of 2026.
The announcement of its third quarter results comes on the heels of Mynt’s historic listing after achieving the largest initial public offering in Philippine history. The successful offer stands to raise a total of ₱60.9 billion, assuming full exercise of the overallotment option, in the largest Southeast Asian IPO5 since 2021. Mynt debuted on the Philippine Stock Exchange as the 7th largest Philippine listed company by market capitalization6, with its IPO having more than 20 global and domestic cornerstone investors.
“We believe the success of our business is rooted in our vision of Finance for All. From the onset, we set out to solve everyday pain points that Filipinos experience - from streamlining payment transactions to providing access to fair lending. The same vision has proven that there is good business in doing good. We see it not just in the everyday lives of Filipinos, but also in our strong revenue trajectory with sustainable profitability. While our business has scaled, there remain significant opportunities in both payments and lending. Now that we are listed on the Philippine Stock Exchange, we’re excited to share our growth with all Filipinos,” says Evelyn Ng, Chief Financial Officer of Mynt.
Mynt’s monthly active user base continues to increase, landing at 42.1 million for the third quarter of 2026, 9.7% higher compared to the same period last year. User engagement also intensified. The number of daily average transactions processed through the GCash app reached 64.4 million in the first nine months of the year, up by 16.0% YoY.
The Company’s core businesses, Payment Solutions and CreditTech, continued to grow during the period. Payment Solutions Gross Transaction Value reached ₱15.1 trillion in the first nine months of the year, up by 23.1% YoY, owing to growing user base and deeper engagement per user. As of September 30, 2026, Active Borrowers under the CreditTech business reached 7.8 million while total loan portfolio expanded to ₱79.3 billion, up by 43.3% YoY, driven by increased credit utilization. The loan portfolio expansion was paired with sustained asset quality as Mynt was able to maintain its non-performing loan ratio at similar levels as last quarter, ending at 4.8% as of September 30, 2026.
Net income for the first nine months of 2026 reached ₱16.5 billion, up by 17.4% YoY, similarly, accelerating from the 7.3% YoY growth recorded as of the first half of 2026. Net income margin for the same period stood at 24.5%. Operating expenses in the same period grew in line with revenues, although this has not taken into account most of the one-off IPO-related expenses that are to be recorded in the fourth quarter of the year together with seasonally higher costs.
1 Refers to Adjusted Revenues which is calculated as total consolidated revenues less cost of over the air prepaid load
2 Assuming full exercise of the overallotment option
3 According to the Philippine Stock Exchange at the time of listing
4 Based on Sensor Tower Monthly Active Users for Philippine Finance Apps (as of September 2026)
5 Based on Dealogic
6 Based on data from the Philippine Stock Exchange at the time of listing
Note on Forward Looking Statements and Presentation of Non-PFRS Financial Measures
This press release may contain forward looking statements and information that are, by their nature, subject to significant risks, uncertainties, and assumptions. Such forward-looking statements are based on numerous assumptions regarding the Company’s present and future business strategies and the environment in which Mynt will operate in the future. Many factors could make or cause the actual results, performance or achievements to differ materially from those expressed or implied in this release. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein. This document contains financial information regarding the business, financial condition and results of operations of the Company and its consolidated subsidiaries. Such financial information may not have been audited, reviewed or verified by any independent accounting firm. The inclusion of such financial information in this report should not be regarded as a representation or warranty by the Company, or any of its directors, officers, employees, agents, affiliates, advisers or representatives or any other person as to the accuracy or completeness of such information’s portrayal of the financial condition or results of operations of the Company and should not be relied upon.
This press release includes certain non-PFRS financial measures, including Adjusted Revenues and Operating Expenses. These non-PFRS financial measures are supplemental measures of the Company’s performance that are not required by, or presented in accordance with, and should not be considered as an alternative to net profit, revenues or any other measure of our the Company’s financial performance derived in accordance with PFRS or as an alternative to cash flows from operations or as a measure of the Company’s liquidity. Non-PFRS financial measures have limitations as analytical tools, and investors should not consider them in isolation from, or as a substitute for, investors’ own analysis of the Company’s financial condition or results of operations, as reported under PFRS. These non-PFRS financial measures are not standardized terms and other companies may calculate measures bearing the same titles differently, hence a direct comparison between companies using such terms may not be possible, which limits the usefulness of these non-PFRS financial measures.
About Mynt
Mynt is the parent company of the group behind GCash, the #1 Finance Super App in the Philippines. Through GCash, Mynt advances its vision of 'Finance for All' by making financial services more accessible to Filipinos.
Mynt operates a portfolio of companies, including G-Xchange, Inc., the payments company for GCash responsible for the digital payments and electronic money activities in the GCash app, and Fuse Financing, Inc., the financing company for GCash that provides a range of fair and digitally-enabled credit products and solutions.
Mynt, through its fintech operations, supports the United Nations Sustainable Development Goals (SDGs), particularly focusing on safety & security, financial inclusion, diversity, equity, and inclusion, as well as taking urgent action to combat climate change and its impacts.
For more information, please contact:
Bruce Rodriguez, Head of Business Communications
Corporate Communications
gcashcorpcomm@gcash.com
Legal Disclaimer & Safe Harbor Statement
This press release is for informational purposes only and does not constitute, or form part of, any offer, solicitation, or invitation to sell, issue, purchase, or subscribe for any securities in the Philippines, the United States, or any other jurisdiction where it is unlawful to do so. No securities of Mynt, Inc. have been or will be registered under the U.S. Securities Act of 1933, as amended, and any such securities may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. There will be no public offering of the securities of the Company in the United States. No money, securities or other consideration is being solicited by this document or the information contained herein and, if sent in response to this document or the information contained herein, will not be accepted. The Company’s initial public offering and listing in the Philippines remain fully subject to prevailing market conditions and regulatory approvals, including the registration requirements of the Philippine Securities and Exchange Commission and the listing rules of the Philippine Stock Exchange, Inc. This document contains forward-looking statements that involve inherent risks and uncertainties; actual results, timelines, and outcomes may differ materially from those projected due to shifting market dynamics, economic environments, and regulatory updates.
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