- GCash is reportedly ready for an IPO this year, according to Ernest Cu, CEO of parent company Globe Telecom.
- Cu mentioned that GCash’s growth and profitability make it suitable for an IPO, aiming to be push-button ready by the end of the year.
- GCash, which started as a mobile wallet service in 2004, has expanded its offerings to include various features such as cash-in and cash-out services, cryptocurrency trading, stock trading, lending services, and international access.
Montaža: Michael Mislos
Globe Telecom’s chief executive, Ernest Cu, recently declared that GCash is prepared for its Initial Public Offering (IPO) debut this year, a significant milestone for the leading e-wallet platform in the Philippines.
Anticipation for GCash’s IPO
V nedavnem intervjuju z Televizija Bloomberg, the CEO mentioned that GCash is “pretty much ripe” for an IPO– a process through which a private company offers its shares to the public for the first time.
“The growth is there, the profitability has been there for almost two years now. The plan is to be push-button ready by the end of the year. Let’s see where it takes us,” he stated.
In November last year, GCash priorly zanikal any plans of an IPO anytime soon, noting that the “tech winter” results in the lack of a market.
As of March 2023, the mobile e-wallet currently has 77 milijonov uporabnikov.
The Evolution of GCash: More than a Mobile Wallet
Launched in 2004 by Globe Telecom and UnionBank, GCash, now operated by Mynt, started as a mobile wallet service in the Philippines offering fundamental services like money transfers, bill payments, and mobile load purchases. Over the years, the e-wallet has expanded to offer cash-in and cash-out services via partner agents, transforming physical cash into digital currency and vice versa.
To date, the e-wallet offers several other features including a cryptocurrency trading platform within the app called GCrypto. It also opened an in-app platforma za trgovanje z delnicami which has two parts—GStocks Global and GStocks PH. GCash also has lending and installment services GCredit, GLoan, and GGives. It also now has GCash Cards and GCash Cards Visa–prepaid cards connected to the user’s account, enabling seamless payments and cash withdrawals at various merchants and ATMs.
The services of the app can now also be accessed internationally through GCash v tujini–a special feature that enables Filipinos living and working abroad to register for a GCash account using an international SIM card.
However, like many digital platforms, GCash has faced security challenges. The platform was recently embroiled in a cyber Kraja that aimed to steal ₱37 million.
Feature Photo Credits: Viva Manilena
Ta članek je objavljen na BitPinasu: Parent company CEO: Mobile e-Wallet GCash Ready to go Public
Zavrnitev odgovornosti: Članki BitPinas in njegova zunanja vsebina niso finančni nasveti. Ekipa služi za zagotavljanje neodvisnih, nepristranskih novic za zagotavljanje informacij za Philippine-crypto in širše.
- Distribucija vsebine in PR s pomočjo SEO. Okrepite se še danes.
- PlatoData.Network Vertical Generative Ai. Opolnomočite se. Dostopite tukaj.
- PlatoAiStream. Web3 Intelligence. Razširjeno znanje. Dostopite tukaj.
- PlatoESG. Avtomobili/EV, Ogljik, CleanTech, Energija, Okolje, sončna energija, Ravnanje z odpadki. Dostopite tukaj.
- BlockOffsets. Posodobitev okoljskega offset lastništva. Dostopite tukaj.
- vir: https://bitpinas.com/fintech/gcash-ipo/
- :ima
- : je
- :ne
- :kje
- 2023
- a
- dostop
- dostopna
- Po
- Račun
- nasveti
- agenti
- Namerjen
- Usmerjanje
- Prav tako
- an
- in
- kaj
- aplikacija
- SE
- članek
- članki
- AS
- At
- Bankomati
- BE
- bilo
- Poleg
- Bill
- BitPinas
- Bloomberg
- by
- se imenuje
- CAN
- kartice
- Kartice
- Denar
- dvigi gotovine
- ceo
- izzivi
- šef
- podjetje
- povezane
- vsebina
- krediti
- cryptocurrency
- trgovanje kriptokovno
- valuta
- Trenutno
- Datum
- Prvenec
- poda
- digitalni
- digitalna valuta
- omogoča
- omogočanje
- konec
- evolucija
- izvršni
- razširiti
- zunanja
- soočen
- Feature
- Lastnosti
- finančna
- finančno svetovanje
- prva
- prvič
- za
- temeljna
- gcash
- Globalno
- globus
- Globe Telecom
- Go
- Rast
- he
- HTML
- HTTPS
- neizbežna
- in
- vključujejo
- Vključno
- Neodvisni
- Podatki
- začetna
- začetna javna ponudba (IPO)
- obrok
- Facebook Global
- mednarodno
- Intervju
- v
- IPO
- IT
- ITS
- jpg
- Pomanjkanje
- Zadnja
- Lansko leto
- vodi
- posojanje
- kot
- živi
- obremenitev
- ljubezen
- Znamka
- več
- marec
- Tržna
- omenjeno
- Trgovci
- Michael
- mejnik
- milijonov
- Mobilni
- Mobilna denarnica
- Denar
- Prenosi denarja
- več
- veliko
- novice
- Opažam
- november
- zdaj
- of
- ponudba
- ponujanje
- Ponudbe
- Ponudbe
- on
- odprt
- upravlja
- Ostalo
- več
- matično podjetje
- partner
- Plačila
- Filipini
- fotografija
- fizično
- Načrt
- načrti
- platforma
- Platforme
- platon
- Platonova podatkovna inteligenca
- PlatoData
- pripravljeni
- zasebna
- Postopek
- donosnosti
- zagotavljajo
- javnega
- objavljeno
- nakupi
- pripravljen
- nedavno
- Pred kratkim
- Registracija
- Rezultati
- pravi
- brezšivne
- varnost
- glej
- služi
- Storitev
- Storitve
- več
- Delnice
- pomemben
- DA
- SIM kartica
- nekaj
- Kmalu
- posebna
- začel
- navedla
- zaloge
- trgovanje z delnicami
- taka
- primerna
- meni
- skupina
- telecom
- kot
- da
- O
- Filipini
- Tukaj.
- ta
- letos
- skozi
- čas
- do
- Trgovanje
- transferji
- preoblikovanje
- dva
- UnionBank
- us
- uporabo
- različnih
- preko
- vice
- denarnica
- je
- ki
- z
- Umiki
- v
- deluje
- leto
- let
- zefirnet