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Ant-backed Mynt, which runs mobile wallet app GCash, rose as much as 2.4% in Manila after raising $841M in the Philippines' largest-ever IPO, valuing it at ~$7B (Kimberley Kao/Wall Street Journal)

By · Published by Everything Blog

In short

Briefing:** Ant-backed Mynt, the mobile wallet app GCash, saw a significant rise of up to 2.4% in Manila following the company's successful $841M IPO in the Philippines, valuing it at approximately $7 billion. This is the largest-ever IPO in the country's history.

Key points

  • **Briefing:** - Ant-backed Mynt, the mobile wallet app GCash, saw a significant rise of…: **Briefing:** - Ant-backed Mynt, the mobile wallet app GCash, saw a significant rise of up to 2.4% in Manila following the company's successful $841M IPO in the Philippines, valuing it at approximately $7 billion.
  • This is the largest-ever IPO in the country's history.: This is the largest-ever IPO in the country's history.

Sources checked by our analysis pipeline: 1

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