GCash May Postpone Historic Philippine IPO Amid Escalating US-China Trade Tensions
In a major development for Southeast Asia’s financial technology landscape, GCash—the Philippines’ leading fintech unicorn—may delay its highly anticipated initial public offering (IPO), citing heightened global market volatility fueled by escalating US-China trade tensions. GCash’s IPO: The Philippines’ Largest in the Making GCash, the mobile wallet platform owned by Mynt (a partnership between Globe Telecom,