GoTyme Bank Hits 10M Users as Retail ATM Network Scales

In Short

• GoTyme Bank has surpassed 10 million users, three years after launch.
• The bank says it now holds about PHP 53 billion in deposits, around $861 million.
• It credits growth to a retail ATM strategy, with cash services inside major store networks.

What Happened

GoTyme Bank said it has crossed 10 million users and reached roughly PHP 53 billion in deposits. The update was shared in a 10 July 2026 announcement.

The bank says its retail footprint is a key driver. Customers can deposit and withdraw cash through lanes inside Robinsons retail stores. This is a form of “branchless banking”, where everyday shops act like mini bank branches.

GoTyme also operates about 600 kiosks across Robinsons and SM stores. These kiosks help customers open accounts and access basic services without visiting a traditional branch.

For cash deposits, GoTyme says users can also top up at over 4,500 7-Eleven stores in the Philippines. The bank also claimed its debit card was the most used Visa debit card in the Philippines in 2025, based on Visa network data.

On Liners, you can find more on GoTyme Bank.

Why It Matters

For many consumers, digital banking still fails at one basic need, easy cash access. Retail cash-in and cash-out points reduce that friction, especially in places where bank branches and standalone ATMs are limited or inconvenient.

GoTyme’s numbers show how distribution can shape adoption for neobanks, meaning app-first banks that operate with minimal physical branches. By embedding cash services in supermarkets and convenience stores, digital banks can compete on reach, not just features.

For African fintech operators watching global patterns, this is a reminder that payments, cards, and deposits often scale fastest when paired with a strong offline network.