GCash Is Racing Three Other Ant-Backed Wallets to Go Public First, and It’s About to Win

September 15, 2026

GCash is going public in Manila, but investors in Kuala Lumpur, Jakarta and Bangkok will read that number just as closely. The reason comes down to one investor. Ant Group holds a stake in GCash, and a comparable stake in three of the region’s other biggest e-wallets, Malaysia’s…