GoTyme Bank, a digital banking platform, has reached a milestone of 5 million users just two years after its launch. The achievement highlights the bank’s commitment to offering easy and accessible financial services.

To celebrate, GoTyme Bank is bringing back its 5% annual savings rate for a limited time. From Jan. 1 to Feb. 28, 2025, customers can enjoy this rate without restrictions.

“Reaching 5 million customers in under two years is a testament to the trust that Filipinos have placed in GoTyme Bank,” Nate Clarke, CEO of GoTyme Bank, said in a media release. “We are both humbled and inspired by the support of our customers. Looking ahead to 2025, we plan to further accelerate growth with the aim of making banking beautiful for over 9 million customers by the end of the year.”

The bank is also preparing to roll out new features in 2025, including consumer credit, cryptocurrency trading, international remittance via SWIFT, and cash recycler machines.

“Offering credit is the next milestone in our journey to unlock the financial potential of Filipinos,” said Albert Tinio, co-CEO of GoTyme Bank. “This is just the start, as we continue to develop new credit products that empower Filipinos to achieve their financial goals with confidence.”

These developments reflect GoTyme Bank’s ongoing mission to fill gaps in the local banking sector by providing innovative and straightforward services tailored to the needs of its growing user base.

Discover more from Back End News

Subscribe now to keep reading and get access to the full archive.

Continue reading