GoTyme Bank has reached P17.3 billion in deposits and grown its customer base to 3.7 million as of end-June, driven by a significant increase in new users and monthly transactions.
The digital bank acquired 1.7 million new customers in the first half of the year, averaging over 250,000 new users each month.
GoTyme Bank's monthly transactions have seen a 600% increase during the same period.
President and CEO Nathaniel D. Clarke stated that GoTyme Bank is on track to become the fastest-growing bank by monthly customers added and aims to reach 5 million users by the end of the year.
Clarke also highlighted GoTyme Bank's leadership in other metrics, including app downloads, monthly active app users, and growth in InstaPay transactions.
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