GoTyme Bank reaches 5 million users in 2024
The bank is aiming to reach 9 million customers by end-2025.
GoTyme Bank has reached 5 million users two years since its launch.
The Philippine-based bank is bringing back its 5% annual savings rate from 1 January 2025 to 28 February 2025 in celebration of the milestone.
The rate comes with no limits, no conditions, and no missions, GoTyme Bank said in a press release.
For 2025, GoTyme is aiming to reach 9 million customers by the end of the year, said Nate Clarke, CEO of GoTyme Bank.
The bank expects to sustain its rapid growth, on the back of new features set to launch in 2025.
Amongst these include a new Buy Now Pay Later feature; crypto trading services in the GoTyme app; SWIFT remittances; and cash recycler machines.