The banking tech vendor says the newcomer, which opened its virtual doors last summer – is “on-track to revolutionise banking in the Philippines”.
The bank is regulated by the Banko Sentral ng Pilipinas and is a joint venture of Singapore’s banking venture Tyme Group and the Philippines-based Robinsons Bank (plus some other members of the Gokongwei Group that owns Robinsons).
GoTyme Bank offers a mobile banking app and a Visa debit card that can be collected from kiosks located in the retail outlets belonging to Robinsons Retail Holdings at the shopping malls throughout the country. The bank plans to have 348 kiosks in operation by the end of 2023.