Ant International-Backed Fintech Unicorn Gets Nod for Philippines's Largest-Ever IPO

Mynt, a Philippine fintech unicorn backed by Ant International, has received approval from the Philippine Stock Exchange (PSE) for an IPO estimated at nearly $1.3 billion. If the offering proceeds at that size, it would become the largest IPO listing in Philippine history, according to the approval reported by the company. The PSE nod is a major procedural step, but the listing still depends on next-stage preparations such as pricing, allocation, and settlement timelines typical for a major public debut. Ant-backed Mynt’s move highlights how regional fintech players are seeking larger capital markets in Southeast Asia.