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Philippine Fintech Maya Is Said to Weigh Up to $1 Billion US IPO

Sign for cashless payment options including GCash displayed at a counter inside a restaurant in Metro Manila, the Philippines.Photographer: Veejay Villafranca/Bloomberg

Philippine financial-technology firm Maya is considering a US initial public offering that may raise $500 million to $1 billion, according to people familiar with the matter, joining the ranks of Southeast Asian firms seeking to list their shares on overseas exchanges.

The company involved in digital payments and banking is working with advisers on a listing that may happen as early as this year, the people said, asking not to be named to discuss a private matter.