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Posts tagged as “Fintech”

GCash Parent Mynt Authorizes Filing for Potential Initial Public Offering on Philippine Stock Exchange  

June 17, 2026

via Mynt.com.ph;

Mynt, Inc. (“Mynt” or the “Company”), the fintech pioneer behind the Philippines’ number one finance superapp GCash, today announced that its Board of Directors (the “Board”) and shareholders have authorized the Company’s filing of a registration statement with the Securities and Exchange Commission (SEC) and a listing application with the Philippine Stock Exchange, Inc. (PSE) in connection with a potential initial public offering (IPO), with the following terms:‍

  1. The offer will be equivalent to 12.0% of Mynt’s total outstanding capital stock post-IPO (“Firm Shares”), with each common share having a par value of P0.03 per common share.
  2. Firm Shares will consist of both primary and secondary offers.

    3. ‍

This same information has been disclosed by Globe Telecom, Inc. in accordance with corporate governance standards and pertinent disclosure rules and regulations.

Maya to let Grab users loan up to P30k  

September 16, 2024

Benise Balaoing, writing for ABS-CBN News;

Maya is partnering with Grab to give users of the ride-hailing and food delivery app access to loans up to P30,000.
….
Aside from this, Grab users can now use Maya Easy Credit to top up their Maya Wallet and easily pay for Grab rides or food deliveries.

It’s interesting that Grab is partnering with Maya to offer loans to its users, even though Grab a offers similar finance service/features called Grab Pay, and it competes with Maya in some markets.