GCash Is Said to Delay Record-Breaking Philippine IPO to Second Half of 2026

GCash, a prominent fintech company in the Philippines, has reportedly decided to delay its record-breaking initial public offering (IPO) to the second half of 2026. This decision comes as the Philippine stock market faces a downturn. The IPO, which was initially expected to take place earlier, has now been pushed back to the latter half of 2026. This move is aimed at ensuring the company's successful entry into the public market, given the current economic climate. GCash, a subsidiary of the Ayala-led Globe Telecom, is one of the leading digital payment platforms in the Philippines. The company's IPO was anticipated to be the largest-ever in the country, underscoring its significant role in the nation's fintech landscape. The delay in the IPO process is a strategic move by GCash to navigate the challenges posed by the sluggish Philippine stock market. The company remains committed to its public listing plans, with the aim of capitalizing on the market's eventual recovery in the coming years.