Acknowledging the growing needs of SMEs in the Philippines, GoTyme and PayMongo team up for a simplified financing system that allows small businesses to loan up to Php 500,000 using GoTyme’s banking services. Called PayMongo Capital powered by GoTyme Bank, their financing program aims to streamline the loan application process through a two-screen, two-minute journey […]
With just 10 months after going official in the Philippines, GoTyme has hit a significant milestone by attaining 1 million users. This is a great feat for the fintech platform, showing that their line of features has compelled a lot of Filipinos to sign up for an account. GoTyme was confident in attaining this feat; […]
Any business thinking of going up against established players is challenging, doubly so if that new business is a bank and a digital one at that. Institutional inertia, as well as carving your name in a land already dominated by recognizable brands seem like an almost impossible task. But don’t tell that to GoTyme Bank […]
And yet another strategic partnership is finalized within the first quarter of 2023. GoTyme Bank, Cebu Pacific, and Go Rewards have come together to bring an all-new rewards points system that’s bound to bring Every Juan back in the air. What’s this all about? It’s nothing totally new. In fact, we’re sure you’ve already heard […]
GoTyme Bank is the newest mobile bank in the Philippines, made possible through the partnership of Gokongwei Group and Singapore-based Tyme Group. Among others, it promises a more convenient and secure mobile banking experience. Unlike traditional banks, GOtyme offers a bank account with a personalized Visa debit card all in just under 5 minutes. There […]
GoTyme Bank, a joint venture of an international digital banking group and the Gokongwei group, has officially formed partnerships today to secure its future within the space. This is with local banking network BancNet as well as Visa – one of the world’s leaders in digital payments. Together, this partnership aims to fulfill “untapped potential” […]
GoTyme Bank, a digital bank made in partnership with the Gokongwei Group and Singapore-based group Tyme, is working on improving its tech and security measures ahead of its planned launch in the Philippines by the third quarter of 2022. “Without good cybersecurity, you can’t have trust,” explains GoTyme Chief Technology Officer Chris Bennett. “We make […]
If you’ve ever had a technical problem, billing issue, or just had a general concern about a product or service nowadays that had you calling a hotline, you know the drill: you’ll be put on hold until you get connected to a robot voice, which will give you a ticket number and immediately disconnect you […]
Establishing a digital bank in a country that’s already saturated with multiple players isn’t easy. Doing so while in the waning days of a pandemic that’s upended both digital and physical business models sounds damn near impossible. But don’t tell that to Raymund Villanueva, Chief Marketing Officer of GoTyme Bank though – not only did […]
SeaBank, a rural bank that is under the same umbrella that owns Shopee, announced that it will be adjusting its interest rates for savings accounts. From initially offering as much as 6% interest and later on adjusting it to 5%, SeaBank said in a post that effective July 13, their updated interest rates will be […]
Some may say that the financial banking systems in our country are archaic, and this would have been spot-on up until recently. Now, though, there’s more than enough reason to believe that Filipinos are beginning to see digital banks in the PH as viable safehouses for their hard-earned money. Here’s why we think so. Here’s […]
During the first half of the year, the volume and value of electronic payments and financial services processed through digital banks reached 1.4 million transactions and P8.45 billion, respectively. Digital Banks have flourished in the Philippines thanks partly to the restrictions imposed by the COVID pandemic, but mostly because of their convenience. Unlike traditional banks, […]