GoTyme records 1.7 million customers in H1

This led to PHP 17.3 billion in deposits.

File photo: GoTyme Bank

Fastest growing bank in PH

According to reports, GoTyme Bank said it has onboarded 1.7 million customers in the first half of the year.

In similar fashion, we’re very excited to share that we’ve grown to 3.7 million customers (as of June) from two million customers (in end-2023), making us the fastest growing bank in the Philippines, said GoTyme Bank president and CEO Nathaniel Clarke.

This growth also pushed GoTyme's deposits to PHP 17.3 billion.

These achievements made the digital bank closer to its goal of onboarding five million customers and over PHP 20 billion in deposits by end-2024.

In terms of monthly transactions via its app, GoTyme said this grew seven times in H1 mainly due to over 250,000 new customers per month.

GoTyme Bank co-CEO Albert Raymund Tinio is confident that the bank is on track to onboard five million customers in two years.

Aside from its current services, GoTyme is set to launch international accounts, enabling Filipinos in over 170 countries to access its services.

What do you think about this?

Via: PhilStar