NOT FOR PUBLIC RELEASE, PUBLICATION OR DISTRIBUTION, OUTSIDE THE PHILIPPINES, INCLUDING DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, OR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.
- The submission marks a significant milestone for Mynt, Inc. (Mynt), which has transformed the GCash App into an indispensable part of everyday life for millions of Filipinos. “This reflects our belief that there is good business in doing good,” said Martha Sazon, President & CEO of Mynt.
- The GCash App served 39.1 million monthly active users and processed ₱17.0 trillion in payment solutions gross transaction value for the year ended December 31, 2025, underscoring its contributions to the Philippine financial ecosystem.
- Mynt delivered ₱79.8 billion in revenues and ₱17.2 billion in net income for the year ended December 31, 2025.
MANILA, Philippines, 27 June 2026 – Mynt, Inc., the parent company of the group behind GCash, the Philippines’ number one finance super app, announced today that it has submitted its Registration Statement to the Securities and Exchange Commission of the Philippines (SEC) and its application for listing on the Main Board of the Philippine Stock Exchange (PSE) for a proposed initial public offering (IPO), expected in the fourth quarter of the year.
Subject to receipt of regulatory and other applicable approvals and market conditions, Mynt’s proposed offering is expected to consist of up to 8,027,409,600 common shares (the “Firm Shares”) with an overallotment option of up to 1,204,111,400 secondary common shares (the “Option Shares”) (collectively, the Firm Shares and the Option Shares are referred to as the “Offer Shares”, the offering of which is referred to as the “Offer”). The Firm Shares are expected to comprise of up to 1,605,481,900 unissued Common Shares to be offered and issued by Mynt by way of primary offer (the “Primary Offer”) and up to 6,421,927,700 issued Common Shares owned by existing shareholders to be offered by way of a secondary offer (the “Secondary Offer”).
Upon completion of the Offer, a total of 66,895,913,057 Common Shares is expected to be issued and outstanding. The Firm Shares will represent approximately 12.0% of Mynt’s issued and outstanding capital stock, and, assuming full exercise of the over-allotment option, the Offer Shares will represent approximately 13.8% of Mynt’s issued and outstanding capital stock.
The final offer price will be determined through a book-building process at the appropriate stage of the Offer. For the purposes of the submission of the Registration Statement to the SEC, at an offer price of up to ₱10.00 per Offer Share, the proposed offering is expected to raise gross proceeds of up to ₱92.3 billion assuming full exercise of the overallotment option.
The submission marks a significant step for Mynt, which has grown GCash from an SMS-based payment solution to a national-scale everyday finance platform. Built on a mission of financial inclusion, GCash has expanded access to payments, savings, credit, investments, insurance and merchant solutions for millions of Filipinos, while demonstrating that broadening financial access can also create a highly scalable and sustainable technology business.
For the year ended December 31, 2025, GCash served 39.1 million monthly active users, processing ₱17.0 trillion in payment solutions gross transaction value and recorded 56.7 million daily average transactions. Mynt recorded revenues of ₱79.8 billion and net income of ₱17.2 billion in the same year, reflecting the scale and financial sustainability of its platform.
“GCash has become an indispensable part of everyday life for millions of Filipinos. From 90 million registered users, today about 40 million now actively use the platform every month, representing nearly half of the country’s adult population. Roughly 78% of GCash users reside outside Metro Manila, and 92% belong to lower-income groups. This reflects our belief that there is good business in doing good, and that our growth is most meaningful when it creates lasting impact for more people,” said Martha Sazon, President and CEO of Mynt. “As we embark on the next chapter of Mynt, our mission remains steadfast: to reach and serve millions more Filipinos, drive continuous innovation, and ensure that everyone is safely, securely, and meaningfully included in the digital economy.”
Morgan Stanley & Co. International PLC, J.P. Morgan Securities plc and UBS AG Singapore Branch act as the Joint Global Coordinators; Jefferies Singapore Limited acts as the International Joint Bookrunner; BPI Capital Corporation and BDO Capital & Investment Corporation are the Domestic Lead Underwriters; and collectively, as the Joint Bookrunners of the proposed Offer.
Further disclosures will be made at the appropriate time and in accordance with applicable requirements. Any potential offering remains strictly subject to the registration requirements of the SEC, listing requirements of the PSE, prevailing market conditions, final offer terms, and internal approvals and consents.
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.
Mynt Prospectus:
A copy of the Draft Preliminary Prospectus dated as of June 27, 2026 is available to persons located in the Philippines at https://mynt.com.ph/ and subject to eligibility confirmation.
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. No securities of Mynt, Inc. have been or will be registered under the U.S. Securities Act of 1933, as amended, and 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. Any potential initial public offering and listing in the Philippines, if pursued, 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., and there can be no assurance that any offering or listing will be consummated. 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.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission of the Philippines, but has not yet been declared effective. These securities may not be sold nor offers to buy them be accepted prior to the time the registration statement is rendered effective. This communication shall not constitute an offer to sell or be considered a solicitation to buy.
This press release may contain statements which constitute “forward-looking statements” that are subject to a number of risks and uncertainties that could affect Mynt’s business and results of operations. Although Mynt believes that expectations reflected in any forward-looking statements are reasonable, it can give no guarantee of future performance, action, or events.
This communication is provided for reference only. Any forwarding, distribution, publication, or reproduction of this communication in whole or in part, or disclosure of any information contained herein, or any use of such information by any other person for any other purpose, is unauthorized. The information herein is accurate as of the date of this communication. There is no obligation to subsequently correct or update such information.
