GCash and Maya, major fintech players in the Philippines, are currently testing the market for their Initial Public Offering (IPO) goals and are supported by major industry backers.
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How it started
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What happened
GCash and Maya, major fintech players in the Philippines, are currently testing the market for their Initial Public Offering (IPO) goals and are supported by major industry backers.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Maya is being urged by Pangilinan's company and the PSE to pursue an IPO, mirroring GCash's path.1 source
- Globe, a telco headquartered in Manila, holds an equity share in the e-wallet unit GCash, whose IPO could unlock new value.Sub-event
Fintech rivals GCash and Maya are testing IPO goals with major industry backing.1 source
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The entities involved
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Philippines
archipelagic country in Southeast Asia
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Globe Telecom
Filipino telecommunications company