Finance3 sources

Mynt's Record-Breaking IPO in Philippines Raises $967m

  • Mynt, based in the Philippines, raised $967 million in its IPO, the largest in the country's history.
  • The IPO was conducted by Mynt, the owner of the mobile payments app GCash.
  • Despite a regional selloff, Mynt's shares edged higher in its debut.
  • The funds raised will be used to finance Mynt's expansion of lending and financial services.
  • Mynt's shares closed unchanged on the first day of trading.
Mynt's Record-Breaking IPO in Philippines Raises $967m | Split Angle