Philippines’ GCash Builds Up Business Beyond Payments Before IPO
- Top mobile wallet to expand lending segment, CEO says
- GCash in talks with banks for IPO, scans market for timing
A customer uses the GCash mobile payment application.
Photographer: Veejay Villafranca/BloombergThis article is for subscribers only.
The Philippines’ top fintech platform GCash is building up its suite of financial products beyond payments as it prepares for an initial public offering, its chief executive said on Monday.
“We’re looking to expand further our lending business and investing platforms that will support our AI work,” GCash President and CEO Martha Sazon said in an interview with Bloomberg Television’s Haslinda Amin on the sidelines of the World Economic Forum in Davos.