A safe app interface with US financial company Alpaca lets the digital bank now offer BTC, ETH, SOL, and more. GoTyme, a digital bank in the Philippines with 6.5 million customers, has started offering crypto services after teaming up with the US fintech company Alpaca.
You may now buy and store 11 different cryptocurrencies in GoTyme’s banking app. These include Bitcoin (BTC$91,379), Ether (ETH$3,127), Solana (SOL$134.90), Polkadot (DOT$2.14), and many other altcoins. The program automatically converts the Philippine peso to US dollars.
It’s not obvious if the company will offer more advanced trading services in the future, but it seems like they want to keep things simple and easy to use.
“Our product is simple and reliable, made for people who want to buy crypto without having to do complicated technical analysis or use multiple apps,” said Nate Clarke, CEO of GoTyme.
Easy access and rapid growth
GoTyme started in October 2022. Nikkei Asia said in September that the bank already has more than 6.5 million customers in the Philippines. The digital bank was created when the Singapore-based unicorn Tyme Group and the Filipino behemoth Gokongwei Group worked together.
GoTyme’s website says that the software lets users set up a bank account and debit card in five minutes, which means that users might easily get their hands on crypto.GoTyme wants to grow in South East Asia.
Expansion plans in southeast asia
The company wants to get a bigger piece of the fast rising digital banking market in Southeast Asia by expanding into Vietnam and Indonesia.
Clarke said in a recent Digital Banker piece that the bank’s main goal is to grow quickly and that it won’t be looking for profits until 2027.
“We are still very much in a growth phase.” Currently, we are not trying to make the most money. Clarke added, “What matters to us is building a customer base that is growing and involved.”
The Philippines is ranked ninth on Chainalysis’ 2025 Global Crypto Adoption Index Top 20. The government is also considering a measure to create a strategic reserve with 10,000 BTC.