GOtyme secures digital banking license

The Bangko Sentral ng Pilipinas (BSP) has approved GOtyme’s application to operate a digital bank, making it the latest entity to secure the go ahead from the regulator as it prepares to make financial services accessible to all Filipino consumers.

GOtyme is a partnership between the Gokongwei Group, one of the biggest conglomerates in the Philippines, and the Singapore-headquartered digital banking group Tyme.

The newest digital banking player will provide secure and easy onboarding through both an app and digital kiosks conveniently located throughout the mall and retail footprint of the Gokongwei group. 

Read more: Tyme