Sea plans separate listing for fintech arm Monee

Sea and Shopee headquarters in Singapore

Singapore-headquartered Sea plans to list Monee, its financial services arm, according to an internal memo from founder Forrest Li reviewed by Reuters. Li said going public would give the business “the resources and the room to go further and faster.” Monee runs mobile wallets, payment processing, credit and banking services in Singapore, Indonesia, Malaysia, Thailand, Vietnam, the Philippines, Taiwan and Brazil.

Why it matters: A standalone Monee would give investors a clearer view of one of Southeast Asia’s largest digital lending and wallet businesses, a part of Sea’s group that is usually overshadowed by Shopee. Coming alongside GCash owner Mynt’s record IPO, it points to a reopening window for regional fintech listings.

Source: CNA / Reuters, October 20, 2026

Related: GCash owner Mynt rises in debut after record US$967 million Philippine IPO


Image: TheGreatSG’rean, CC BY-SA 4.0, via Wikimedia Commons

The week in Asia fintech, every Friday

The top stories, why they matter, and the events coming up next week. Free.

More stories