Monthly user sign-ups at GoTyme Bank have reportedly climbed to as many as 500,000, prompting the Philippine digital lender to revise its 2026 target upwards.

The bank now expects to reach 12.5 million users by year-end, up from its previous target of 12 million, according to PhilStar.

GoTyme currently has approximately 11.5 million users, with monthly registrations previously ranging from 250,000 to 300,000.

President and CEO Nathaniel Clarke expects customer growth to remain strong over the next 12 to 18 months.

The bank also maintains its target of becoming profitable in 2027.

GoTyme Plans Wider Access to MoreTyme

GoTyme is expanding access to MoreTyme, a credit facility offering eligible users instalment payments and cash advances.

The bank has invited 1.2 million customers to use the product and aims to reach two million by year-end.

It plans to open applications to all customers by March 2027, although credit approvals will remain subject to assessment.

The expansion comes as GoTyme expects monthly loan disbursements to more than double year-on-year in the fourth quarter of 2026.

Clarke also noted that deposits had increased by approximately 80 percent year-on-year, while transactions are projected to grow by around 100 percent.

Featured image: Edited by Fintech News Philippines based on an image by vishaldesignstudio via Freepik