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Deep & Emerging Tech·September 22, 2026·1 min read

BlackRock Said to Buy Into GCash Owner IPO Priced Below Maximum

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Top-tier funds anchoring a below-max IPO for GCash’s parent shows investors still want scaled fintech rails in emerging markets, but at disciplined pricing. If you’re a growth-stage fintech, assume valuation sensitivity is back—show path-to-profit and regulatory durability, not just user growth.