Reported about 19 hours ago
GCash, the leading fintech platform in the Philippines, is preparing for an initial public offering (IPO) by enlisting banks such as JPMorgan Chase, Morgan Stanley, and UBS Group. The company aims to raise between $1 billion and $1.5 billion, potentially in the latter half of 2025. The platform, which has 94 million users, facilitates various financial services including bill payments and money transfers across the country.
Source: YAHOO