GoTyme Bank
GoTyme Bank is a digital-first bank, jointly owned by the Gokongwei and Tyme Groups, serving 20+ million customers in the Philippines and South Africa through a phygital model combining a mobile app with retail kiosks, offering savings, payments, lending, crypto trading, and remittances.
- Company typePrivate
- Founded2019
- HeadquartersPasig, Philippines
- Headcount251–500
- GTM typeB2C
- OfferingServices
What GoTyme Bank does
GoTyme Bank Corporation is a digital-first bank, jointly owned by the Gokongwei Group (Philippines) and South Africa-based Tyme Group, operating a 'phygital' model that combines a mobile banking application with physical self-service kiosks in retail partner locations. The bank serves approximately 20+ million customers across the Philippines and South Africa, with a primary focus on the unbanked and underbanked population, Overseas Filipino Workers sending remittances, and small merchants. Its core product portfolio includes a Visa debit card, GoalSave interest-bearing savings, intrabank and InstaPay/PESONet money transfers, Go Rewards loyalty points, MoreTyme installment credit, Merchant Cash Advance business lending, PH Stocks equity trading, and Send Money Abroad international remittances via the Wise Platform. The GoCrypto feature, powered by Alpaca's Broker API, allows in-app trading of 11 cryptocurrencies including Bitcoin, Ethereum, and Solana.
Underlying technology is built on the BPC SmartVista banking platform, which supports instant debit card issuance, regulatory compliance, and international scheme certification, complemented by AI-driven eKYC (Jumio, PhilSys) and fraud detection (Tookitaki) integrations. The bank holds a Digital Banking license from the Bangko Sentral ng Pilipinas, is registered as a Virtual Asset Service Provider, and is PDIC-insured.
GoTyme generates revenue from a diversified mix of transaction fees (interbank transfers, bills payment, ATM withdrawals), interest income from savings and lending products, spreads and commissions on cryptocurrency trading, remittance fees, and merchant financing. The freemium pricing model offers 20 free InstaPay transfers per month to all users, with revenue scaling through lending, premium savings, and value-added services. The bank recently rebranded from TymeBank to GoTyme Bank in early 2026, is preparing for a US IPO on Nasdaq or NYSE within 3-4 years targeting a US$15 billion valuation, and is expanding into Vietnam, Indonesia, and Pakistan under the Tyme Group umbrella.
GoTyme Bank firmographics
Firmographics- Name
- GoTyme Bank
- Legal name
- GoTyme Bank Corporation
- Website
- https://gotyme.com.ph
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- GoTyme Bank is a digital-first bank, jointly owned by the Gokongwei and Tyme Groups, serving 20+ million customers in the Philippines and South Africa through a phygital model combining a mobile app with retail kiosks, offering savings, payments, lending, crypto trading, and remittances.
- Ownership category
- akta.pro rank
GoTyme Bank industry classification
Industry- Product category
- Digital Banking
- NAICS
- Commercial Banking (52211), Depository Credit Intermediation (5221), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- National Commercial Banks (6021)
- akta.pro primary industry
- Bank-to-Bank Transfers & Pay-by-Bank (Consumer & Merchant) (FSAMAFAC)
- akta.pro secondary industry
- A2A Checkout & Merchant Acceptance Solutions (FSAMAFAF)
Keywords
Where GoTyme Bank is headquartered
LocationHeadquarters
- HQ city
- Pasig
- HQ country
- Philippines
- HQ region
- Asia
Offices3 records
Markets served
GoTyme Bank business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales
Revenue model
- Digital Banking Services: Transaction fees from fund transfers, bill payments, and ATM withdrawals; interest income from lending products including MoreTyme installment payments and GoalSave savings accounts.
- Crypto Trading: Fees from cryptocurrency trading services through GoCrypto feature, generating revenue from transaction spreads and commissions on Bitcoin, Ethereum, and Solana trades.
- International Remittances: Revenue from international money transfer services powered by Wise Platform, targeting the Philippines' $38 billion annual remittance market from Overseas Filipino Workers.
- Merchant Services: Merchant Cash Advance (MCA) lending product providing working capital to merchants based on transactional data, with repayment through future receivables.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Basic Digital Banking - Free InstaPay transfers |
| Subscription | Monthly | GoalSave Interest-Bearing Savings |
| Transaction based/ take rate | Pay-as-you-go | GoCrypto - Cryptocurrency Trading |
| Transaction based/ take rate | Pay-as-you-go | International Remittances via Wise |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels6 records
GoTyme Bank product offering
Product offeringCore offering
GoTyme Bank is a digital-first bank that provides retail banking services through a mobile app combined with physical self-service kiosks in retail partner locations. Its core offerings include a Visa debit card with a savings account, real-time fund transfers (InstaPay/PESONet), QR Ph payments, bill payments, installment lending (MoreTyme), international remittances via Wise Platform, and in-app cryptocurrency trading via Alpaca.
Product overview
GoTyme Bank operates as a digital-first banking platform offering a unified mobile banking application complemented by physical Visa debit cards and retail kiosk network for 'phygital' customer experience. The core platform provides essential banking services including savings (GoalSave), time deposits, money transfers, payments, and card management. The product portfolio extends through integrated modules including GoCrypto (cryptocurrency trading via Alpaca), MoreTyme (buy-now-pay-later installments), Merchant Cash Advance (business lending), Go Rewards (loyalty program), PH Stocks (equity trading), and Send Money Abroad (international remittances via Wise). The bank also offers check deposit, bill payment, and QR Ph payment capabilities. All services are accessible through the GoTyme app and website, with account opening possible in minutes via app or kiosk, and cards printable immediately at kiosks.
Differentiator
Problem solved
Functional benefit
Brands
- Go Rewards: Loyalty rewards program powered by Go Rewards, allowing users to earn points on purchases and redeem for cash or partner rewards
- GoCrypto
- GoalSave
- MoreTyme
- Send Money Abroad
- Merchant Cash Advance
Quantifiable outcome
- Account opening costs reduced by 5-10x through eKYC technology
- +4 more outcomes
Companies that use GoTyme Bank
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
GoTyme Bank technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration13 records
AI capability9 records
Feature5 records
GoTyme Bank partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core, minor and flagship.
- Wise PlatformcoreGoTyme Bank partnered with Wise Platform to launch Send Money Abroad service, enabling customers to send funds to 200+ countries in 8 currencies with real mid-market exchange rates. The partnership increased unique users of international payments feature by more than 85% and positions GoTyme to compete with specialist remittance firms in Southeast Asia.
- Endeavor South AfricaminorGoTyme Bank selected for Endeavor's global network of founders, gaining access to mentorship, market access, and strategic guidance through Endeavor's global network supporting high-growth technology businesses.
- BPCcoreDecade-long partnership with BPC powering GoTyme Bank's SmartVista platform, enabling instant debit card issuance, regulatory compliance, international scheme certification, and rapid onboarding that grew to 12 million customers in South Africa.
- SanlamflagshipFinancial services group Sanlam partnered with GoTyme Bank to expand into full-service digital banking, using GoTyme as its banking platform to serve a combined 17 million customers with savings, transfers, bill payments, and credit services via unified app.
- AlpacacoreGoTyme Bank launched GoCrypto feature in partnership with Alpaca, enabling in-app cryptocurrency trading for 11 cryptocurrencies including Bitcoin, Ethereum, and Solana. The service uses Alpaca's Broker API for brokerage infrastructure, simplifying crypto investing for everyday Filipino users.
- Go Rewards (Data Analytics Ventures Inc.)coreGo Rewards loyalty program administered by DAVI (Gokongwei Group subsidiary) provides points on all GoTyme Bank card purchases, QR Ph payments, and bill payments. Points can be redeemed at partner stores or converted to cash.
- SAViiflagshipGoTyme Bank is acquiring SAVii, the Philippines' largest fintech salary lender, through its major stakeholders Tyme and JG Summit. The acquisition aims to expand payroll and lending services, deepening customer relationships and addressing credit access issues.
Scale indicators9 records
Recent moves14 records
Expansion highlights6 records
GoTyme Bank competitors and assessment
Company assessmentDirect peers
- GCash: Philippines' dominant e-wallet and digital financial services platform (Mynt/Globe Fintech). Directly competes with GoTyme on transfers, savings, payments, credit, and crypto for the same unbanked Filipino segment.
- Maya (PayMaya): Philippine digital bank and e-wallet owned by Voyager/PLDT. Competes head-to-head with GoTyme on accounts, cards, payments, lending, and crypto within the same BSP-regulated framework.
- Nubank: Latin America's largest digital bank and GoTyme's Series D lead investor. Highly comparable neobank model (no-fee accounts, cards, lending) targeting underbanked mass market, and a key strategic investor signaling alignment.
- Revolut: Global digital bank with multi-currency accounts, crypto, and remittance. Comparable for its embedded multi-product app, international money-move features (similar to GoTyme's Wise integration), and global expansion ambition.
- Tonik Bank: Singapore-headquartered digital bank operating in the Philippines and other SE Asia markets. Direct competitor for Filipino retail deposits, loans, and digital-first accounts.
- Kuda Bank: Nigeria's leading digital bank. Comparable emerging-market neobank model targeting unbanked mass-market consumers with mobile-first accounts, savings, and credit.
- TymeBank (legacy South Africa): Same operating business post-GoTyme rebrand; remains the most direct internal reference for the phygital retail-kiosk model in South Africa used by GoTyme's South African operations.
Broad incumbents
- UnionBank of the Philippines: Major Philippine universal bank with a well-developed digital franchise. Competes with GoTyme on digital deposits, cards, and small-business lending at larger scale and broader product breadth.
- Capitec Bank: South Africa's largest retail bank by customers. Comparable mass-market positioning with low-fee digital-led model and broad branch/ATM reach that GoTyme aims to disrupt.
Others
- Wise (TransferWise): Cross-border payments platform and GoTyme's remittance partner. Relevant as both a technology provider shaping GoTyme's international money-move offering and as a comparable on the remittance front.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
GoTyme Bank social profiles
Digital presenceGoTyme Bank compliance and trust
Trust signalCompliance7 records
GoTyme Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
GoTyme Bank leadership team
Management profileNumber of profiles
GoTyme Bank subsidiaries and ownership
Company hierarchySubsidiaries1 record
GoTyme Bank funding detail
Funding detailFunding overview
Funding rounds3 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
GoTyme Bank M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about GoTyme Bank
What does GoTyme Bank do?
GoTyme Bank is a digital-first bank that provides retail banking services through a mobile app combined with physical self-service kiosks in retail partner locations. Its core offerings include a Visa debit card with a savings account, real-time fund transfers (InstaPay/PESONet), QR Ph payments, bill payments, installment lending (MoreTyme), international remittances via Wise Platform, and in-app cryptocurrency trading via Alpaca.
Is GoTyme Bank a public or private company?
GoTyme Bank is a private company. It is classified as venture growth investor backed and is currently operating.
When was GoTyme Bank founded?
GoTyme Bank was founded in 2019. It employs 251 to 500 people.
Where is GoTyme Bank based?
GoTyme Bank is headquartered in Pasig, Philippines, in the Asia region.
How does GoTyme Bank make money?
Four revenue lines are on record. Digital Banking Services are the primary driver. The others are crypto Trading, international Remittances and merchant Services.
Who are GoTyme Bank's main competitors?
Direct peers on record are GCash, Maya (PayMaya), Nubank, Revolut, Tonik Bank, Kuda Bank and TymeBank (legacy South Africa). Broad incumbents are UnionBank of the Philippines and Capitec Bank. Wise (TransferWise) is listed as an others.
Does GoTyme Bank have an API?
No public API is recorded for GoTyme Bank.
What industry is GoTyme Bank in?
GoTyme Bank's product category is Digital Banking. Its primary akta.pro industry code is FSAMAFAC, Bank-to-Bank Transfers & Pay-by-Bank (Consumer & Merchant), with a secondary code of FSAMAFAF, A2A Checkout & Merchant Acceptance Solutions. Its NAICS code is 52211 and its SIC code is 6021.