{
GCash

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}

gcash plans record ipo in philippines aiming to raise 1.5 billion

GCash, the largest fintech platform in the Philippines, is considering an initial public offering (IPO) in Manila, aiming to raise between $1 billion and $1.5 billion. The company plans to list in the second half of 2025, which could mark the largest IPO in Philippine history.
Bloomberg.com
Philippine Peso GCash PHL
Finance & Economy, Market Report
04:43 28.11.2024

Philippines enhances fintech oversight after GCash e-wallet issues

The Philippine central bank is set to enhance its oversight of fintech platforms following unauthorized deductions reported in accounts linked to GCash, the country"s leading mobile wallet. Deputy Governor Mamerto Tangonan announced that the bank is investigating the source of the glitch during an event in Cebu.
bloomberg.com
Philippine Peso GCash PHL Mamerto Tangonan
Finance & Economy, News Article
09:22 20.11.2024
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