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GCash says IPO not yet a priority

E-wallet pioneer GCash is in no hurry to go public anytime soon, as it wants to prioritize the growth of its portfolio with the app expanding abroad......»»

Category: financeSource: philstar philstarFeb 21st, 2024

GCash says IPO not yet a priority

E-wallet pioneer GCash is in no hurry to go public anytime soon, as it wants to prioritize the growth of its portfolio with the app expanding abroad......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

GCash Disappears on Google Play Store, Company Says for Updates

Late last night, users were surprised to find that the GCash app had vanished from the Google Play Store, prompting concerns and speculation, with the company ensuring users that their funds and accounts remain secure. As of 2 AM, the GCash app was nowhere to be found on the Play Store, leading to the circulation […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 1st, 2024

SM Prime rethinking 2024 SM REIT listing plans

Property developer SM Prime added to concerns that it might delay the IPO of its monster $1 billion REIT when one of its directors, Hans Sy, said that the company’s cashflow is “very strong”, and that while he’s “not ruling [an SM REIT IPO] out this year”, he doesn’t yet see a “purpose” to “immediately go into an IPO”......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

GCash sets sights on further international expansion

With GCash Overseas, Filipinos in the United States, Canada, the United Kingdom, Spain, Italy, Germany, Qatar, Kuwait, Japan, South Korea, Taiwan, Singapore, Hong Kong and Australia can now download and use the GCash app, whether they have Philippine SIMs or local mobile phone numbers in the countries or territories where they live......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2024

Citicore Renewable Energy IPO scheduled for May 31

Citicore Renewable Energy Corporation [CREC 3.88 pre-IPO] [link], the parent company of Citicore Energy REIT [CREIT 2.85 unch; 37% avgVol], has scheduled its IPO for May 31 after postponing its listing due to market conditions and negotiating a P5 billion stock sale of CREIT shares to the SM Investments [SM 975.00 ?0.5%; 156% avgVol] group......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Market still not conducive for IPO

PNB Holdings Corp., a wholly-owned subsidiary of the Philippine National Bank, is ready to conduct an initial public offering, according to Carlu Fernandez, Philippine Airlines’ general counsel, but market conditions are still not conducive to an IPO at this time......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Abacus Securities thinks SM REIT and Prime Infra IPOs will be delayed and that GCash IPO will happen overseas

Nicky Franco, head of research for Abacus Securities, said that the SM REIT and Prime Infrastructure mega-IPOs will probably not happen in 2024 based on PSE President Ramon Monzon’s expectation of about P40 billion in total IPOs this year on the PSE......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

GCash lending arm Fuse empowers underbanked Filipinos with P118 billion loans disbursed

Fuse Lending Inc., the credit arm of GCash, surpasses the P118 billion mark in life-to-date disbursed loans through the country’s number one finance app as of the end of 2023. This puts both institutions well on their way toward their shared mission of financial inclusion......»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

GCash lending arm Fuse empowers underbanked Filipinos with P118 billion loans disbursed

Fuse Lending Inc., the credit arm of GCash, surpasses the P118 billion mark in life-to-date disbursed loans through the country’s number one finance app as of the end of 2023. This puts both institutions well on their way toward their shared mission of financial inclusion......»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

GCash widens global reach

Overseas Filipino workers may connect their GCash accounts with foreign banks by the second quarter of the year, expanding the financial services they can access in the e-wallet......»»

Category: financeSource:  philstarRelated NewsMar 19th, 2024

GCash now a crypto outlet for Axie Infinity

E-wallet leader GCash, in its pursuit to expand in the digital space, has found its way to Axie Infinity, the most popular play-to-earn game at the height of the pandemic......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

GCash expands to South Korea

E-wallet giant GCash has added another Asian country to its reach, this time expanding to South Korea to serve the financial needs of Filipinos living and working there......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

GCash, CICC eye speedy response to fraud-related crimes

DICT Secretary Ivan Uy said that the partnership with the fintech company aimed to establish a “rapid incident response” on fraud-related crimes committed through GCash......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

GCash gets BSP nod to enter Europe, ME

E-wallet leader GCash has received the green light from the Bangko Sentral ng Pilipinas (BSP) to offer financial services to overseas Filipino workers (OFWs) in Europe and the Middle East......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

GCash misuporta sa BSP, DILG sa paglusad sa Paleng-QR Ph

GCash misuporta sa BSP, DILG sa paglusad sa Paleng-QR Ph.....»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

7 face raps for selling GCash accounts

Criminal charges were filed against seven people who were arrested for allegedly selling their GCash accounts in Quezon City, the National Bureau of Investigation said on Friday afternoon......»»

Category: newsSource:  philstarRelated NewsJan 20th, 2024

GCash targets to go public in H2

E-wallet leader GCash is preparing to offer its shares to the public in the second half of the year as it pushes on with its aggressive expansion to sustain its leadership in financial technology......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

GCash, NBI tighten tieup vs scams

E-wallet giant GCash has signed an agreement with the National Bureau of Investigation to strengthen its campaign against scams within the platform......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Soon-Ruiz: P4M vehicle not a priority

Soon-Ruiz: P4M vehicle not a priority.....»»

Category: newsSource:  sunstarRelated NewsMar 16th, 2024

PSE EASy platform now accepts online banking for payment of IPO subscriptions

The PSE announced that it added some new features to the PSE EASy platform that allow Local Small Investors (their words, not mine) to buy IPO and follow-on offering shares using an online banking payment system......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024