Digital bank GoTyme is launching soon in the Philippines, offering early access registration to those who want to experience saving, spending, and investing by tapping on their mobile devices.
The joint venture between the Gokongwei Group and Singapore's Tyme, aims to be the "new bank for the new normal" of Filipinos. The new digital bank, set to launch in app stores soon, will offer a variety of features: saving, spending, sending, trading, and investing according to the GoTyme website.
"GoTyme is not just for saving, spending, and sending. We'll be your gateway to the world of trading and investing – straight from your bank account. We don't just keep your money safe, we help you grow it," it said.
GoTyme clients can enjoy higher interest rates on their savings compared to traditional banks. It will also feature a rewards program where customers can turn their points into pesos and "instantly get them credited to your account."
"Earn points everywhere you shop. No vouchers, no gifts - it's money straight into your GoTyme Bank account," it said.
GoTyme is the latest digital banking option for Filipinos after its application was approved by the Bangko Sentral ng Pilipinas in August 2021.
At present, GoTyme offers a "get early access" option on its website for a subscription to its newsletter for exclusive updates on its products.
Editor's Note: Summit Media, which publishes Reportr and Gokongwei Fintech are both part of the Gokongwei Group.