GoTyme Bank (formerly TymeBank) says it has reached 12 million customers since its launch in 2019. GoTyme is a “phygital,” challenger bank operating in multiple markets (Philippines, Hong Kong, Indonesia, Vietnam, and Singapore). GoTyme benefits BPCs Services to provide banking and other Fintech services.
Customers can access services through a variety of options, including the GoTyme Bank app, service kiosks, and a network of retail partners that support cash in and out transactions.
Bruce Paveley The CTO of GoTyme Bank in South Africa says this milestone validates their belief that banking can be simple, affordable and accessible to everyone.
“Choosing BPC at the beginning of this long journey was the right decision. BPC’s SmartVista platform and the expert support of its team helped us get started quickly and gave us the tools to issue debit cards instantly and continue to innovate. Together, we will continue to deliver new, innovative payment tools and payment experiences for South Africans. Whether online, in-app or at kiosks across the country.”
GoTyme Bank states that it reached 50,000 customers within two months of launch, exceeding 1 million in the first year, 3.5 million in the second year, and 6 million in the third year. The company bills itself as Africa’s first profitable digital bank in less than five years.
