en GoTyme Bank

GoTyme Bank
Industry	Financial services; Banking;
Founded	October 20, 2022; 2 years ago
Headquarters	Quezon City, Philippines
Key people	Nathaniel David Clarke (President and CEO); Albert Tinio (co-CEO and CCO)
Parent	Gokongwei Group
Website	www.gotyme.com.ph

GoTyme Bank is a Filipino direct bank and a subsidiary of the Gokongwei Group.^[1]^[2]

History

The creation of GoTyme Bank was planned in 2021 by the Gokongwei Group as a joint venture with South African-owned TymeBank. The Gokongwei Group secured a certification to operate a digital bank from the Bangko Sentral ng Pilipinas in 2022.^[3]^[4]

On October 20, 2022, GoTyme Bank was formally launched. As the Gokongwei Group owned Robinsons Bank when it launched, JG Summit President Lance Gokongwei stated that the Ayala-owned Bank of the Philippine Islands will be GoTyme Bank's shareholder once BPI's merger with Robinsons Bank is completed.^[5]

On May 22, 2024, GoTyme's CEO Albert Raymund O. Tinio signed a memorandum of understanding with the Department of Information and Communications Technology’s CICC Director Alexander K. Ramos at the National Cybercrime Hub in Bonifacio Global City. It's “Whole-of-Society” approach aims to fight financial fraud, including cyberattack on e-commerce transactions, in collaboration with Scam Watch Pilipinas.^[6]

Reference

^ Monzon, Alden M. (9 October 2023). "GoTyme Bank eyeing Vietnam expansion". INQUIRER.net. Retrieved 10 October 2023.
^ Loyola, James A. (25 August 2022). "Gokongwei Group master brand launched". Manila Bulletin. Retrieved 10 October 2023.
^ Fenol, Jessica (24 August 2021). "Digital bank GOTyme eyes mid-2022 launch: Lance Gokongwei". ABS-CBN News. Retrieved 10 October 2023.
^ Lim, Jamilah (24 August 2021). "Digital banking in Philippines sees new contender, GOtyme". Tech Wire Asia. Retrieved 10 October 2023.
^ Pascual, Jekki (20 October 2022). "Gokongwei Group launches digital bank GoTyme". ABS-CBN News. Retrieved 10 October 2023.
^ Ayeng, Raffy (June 3, 2024). "GoTyme, CICC step up collab vs. financial fraud". Daily Tribune (Philippines). Retrieved June 3, 2024.

External links

Official website

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[1] Monzon, Alden M. (9 October 2023). "GoTyme Bank eyeing Vietnam expansion". INQUIRER.net. Retrieved 10 October 2023.

[2] Loyola, James A. (25 August 2022). "Gokongwei Group master brand launched". Manila Bulletin. Retrieved 10 October 2023.

[3] Fenol, Jessica (24 August 2021). "Digital bank GOTyme eyes mid-2022 launch: Lance Gokongwei". ABS-CBN News. Retrieved 10 October 2023.

[4] Lim, Jamilah (24 August 2021). "Digital banking in Philippines sees new contender, GOtyme". Tech Wire Asia. Retrieved 10 October 2023.

[5] Pascual, Jekki (20 October 2022). "Gokongwei Group launches digital bank GoTyme". ABS-CBN News. Retrieved 10 October 2023.

[6] Ayeng, Raffy (June 3, 2024). "GoTyme, CICC step up collab vs. financial fraud". Daily Tribune (Philippines). Retrieved June 3, 2024.

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GoTyme Bank

History

See also

Reference

External links

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