GoTyme Bank

GoTyme Bank is a digital bank formed as a joint venture between Philippine conglomerate JG Summit Holdings (the Gokongwei Group) and South African-rooted Tyme Group, agreed in February 2021 and launched publicly on October 20, 2022 after securing a BSP digital banking license.

Rather than relying only on an app, GoTyme’s distribution model leans on physical self-service kiosks placed throughout the Gokongwei Group’s retail footprint — supermarkets, malls, and convenience stores — that let customers open an account and get a debit card on the spot, paired with Tyme’s digital banking platform.

As of July 2026, GoTyme’s total paid-up capital stood at $113.8 million after a fresh $13.9 million injection from its parent companies (following an earlier $10.4 million top-up the year before), and the bank crossed 10 million users in early July 2026 — up from 9 million in March 2026 — a little over three years after launch, with customer deposits above 53 billion pesos. It is targeting roughly 12 million customers by the end of 2026 and guiding toward its first profitable year in 2027.

Many Filipinos remain unbanked or underbanked, with limited access to convenient formal deposit accounts, and traditional branch banking is slow to open new accounts and reach underserved areas.

Filipino retail banking customers, particularly those who want to open an account quickly via a retail kiosk and then bank primarily through a mobile app.

GoTyme pairs Tyme's proven low-cost digital banking technology (already operating at scale in South Africa) with JG Summit's large retail and supermarket footprint for physical kiosk distribution — a hybrid of app-first banking and real-world account-opening infrastructure, backed by a major Philippine conglomerate.