GoTyme Bank reaches $525.7m in deposits, expands into the SM Store

By Q3 2025, it will have kiosks in over 70 locations of the department store.

GoTyme Bank has reached 6.5 million users in the three years since it first launched, according to a Q2 2025 update.

The Philippine digital bank said that it now holds over $525.7m (PHP30b) in customer deposits.

Following earlier partnerships with retailer Robinsons, GoTyme is next expanding into over 70 locations of the SM Store, a local department store.

“By the third quarter of 2025, every single SM Store across the country will proudly host a GoTyme Bank kiosk,” said Albert Tinio, co-CEO of GoTyme Bank.

“That’s more than 70 new locations where anyone can walk up, open an account in under five minutes, receive a free Visa debit card, and instantly step into the world of beautiful, seamless banking,” he said.

GoTyme Bank is now amongst the top 4 banks in monthly active app users and top 5 in Instapay sends, the bank said.