GoTyme Bank, a joint venture between the Gokongwei Group and Tyme Group, expects its customer base to reach around 11 million by 2026, according to the bank’s president and chief executive Nate Clarke.
The bank, which currently serves 8 million customers, expects to end this year with 8.3 million users.
The bank is confident it can hit 10 million customers by mid-2026, achieving the milestone significantly faster than its initial five-year projection, now aiming for three and a half years.
The bank intends to maintain its growth pace of over 3 million customers annually, with monthly new client acquisition running between 250,000 and 300,000.
Clarke revealed that the bank’s previous goal of 9 million users in 2025 was slightly impacted by typhoons, which affected their retail footprint and kiosk-based customer origination.
Despite this, Clarke noted the bank has crossed 300,000 new customers per month a couple of times.
GoTyme Bank remains “very bullish” for next year, forecasting higher growth across customer numbers, deposits, loan book size and revenue, even amid the expansion of fintech companies and potential new digital bank entrants.
Clarke said that year-on-year revenue growth this year is about 70 percent, and next year is projected to be in the mid- to high-50s percent range. The bank is focused on expanding its credit, investment and remittance products, he said.
