Finance
GoTyme Bank partners with Philippine football
Partnership a result of both parties’ aligning audacious goals
GoTyme Bank, one of the fastest-rising digital banks in the Philippines, has struck a partnership with the Philippine Football Federation (PFF). The collaboration was officially unveiled on Tuesday.
Launched two years ago, GoTyme Bank has quickly become one of the most used digital banking platforms locally. According to its president and CEO Nate Clarke, GoTyme Bank has already reached 6 million users in the country.
GoTyme Bank, or simply TymeBank overseas, started in South Africa, and has since expanded to multiple markets. Its entry in the Philippines was particularly a result of a partnership between Tyme Group and the Gokongwei Group of Companies (JG Summit Holdings, Inc.).
With a “phy-gital” model, GoTyme Bank allows clients to open an account in under five minutes via digital kiosks. Customers can also avail of further banking products and services, such as:
- bank transfers
- shopping rewards
- interest savings
- trading
- investing
- customer service
GoTyme, PFF both have ‘audacious’ goals
The decision of GoTyme Bank to partner with the PFF aligns with its “audacious” goals, including expanding to markets like Indonesia and Vietnam.
With the PFF wanting the men’s seniors football national team to qualify ultimately for the 2030 FIFA World Cup, the banking institution thought it would be an opportune time to strike a collaboration, as both parties involved are seeking international recognition.
The partnership will include grassroots programs, exclusive experiences, and even exclusive merchandise. The GoTyme Bank Cup, an invitational tournament tentatively set for September 2025, is also part of the partnership.
Moreover, GoTyme Bank will also integrate its branding with national team competitions and more scenarios. The bank mentioned the partnership will last for three years.
In the future, GoTyme Bank intends to support further developing sports in the country. This is as part of the bank’s vision to uplift more sectors and make them globally competitive.
Finance
GoTyme Bank grows to 10 million users in the Philippines
Over US$ 859.4 million in customer deposits
GoTyme Bank has reached the 10 million-user milestone in the Philippines, one of its key markets.
A joint venture between the parent Tyme Group and the the local Gokongwei Group, the digital bank has officially grown to 10 million strong, its latest accomplishment after debuting in the country three years ago.
The milestone is backed by over PhP 53 billion (~859.4 million) in customer deposits and sustained engagement across the GoTyme Bank ecosystem.
A core driver of the bank’s rapid growth is its integration into users’ daily financial habits. GoTyme was the Most Used Visa Debit Card in the Philippines, based on Visa debit active usage data in 2025.
The bank has also offered free InstaPay transfers from the start (capped at 20 transactions a month) for greater flexibility. There are also more than 160 billers on the app.
Complementing the digital-first infrastructure is an extensive physical network. There are now more than 600 kiosks in major malls nationwide.
Customers can also conveniently deposit and withdraw cash through more than 2,500 Robinsons Retail store lanes. Cash deposit is also allowed through more than 4,500 7-Eleven stores nationwide.
Among GoTyme’s recent offerings is MoreTyme, a flexible, transparent, and easy-to-understand credit solution.
Through Visa, GoTyme also took part in FIFA World Cup 2026 campaigns, with raffle winners being flown to watch the matches live.
Finance
UnionDigital Bank, Chubb partner for accessible insurance protection
Chubb insurance products now integrated into UD app
UnionDigital Bank and Chubb Philippines have partnered to bring accessible insurance protection to Filipinos.
The strategic partnership integrates Chubb’s insurance solutions directly on the UD app. These comprehensive solutions will be seen among UD’s suite of financial products. That way, insurance protection becomes more accessible for consumers.
The two key insurance products in the initial rollout are Loan Protect Insurance and Kaya Protect Insurance.
The first product is automatically included for eligible UD loan borrowers at no additional cost for the first three months once the loan is approved.
In the event of accidental death, permanent disability, temporary disability, or death due to illness, Loan Protect Insurance pays up to the original loan amount to cover 100% of the customer’s outstanding loan balance.
Any remaining balance is released to beneficiaries. Loan Protect Insurance is currently available for loans up to PhP 30,000 with short-term repayment periods.
Meanwhile, Kaya Protect Insurance will be available soon. This provides personal accident and accidental death coverage up to PhP 150,000 and is activated automatically by maintaining a low minimum balance of PhP 100 in the insured’s savings account.
The partnership between UnionDigital Bank and Chubb aims to address the protection gap, as according to a Bangko Sentral ng Pilipinas (BSP) survey, 48% of adult Filipinos are currently uninsured.
Finance
New luvit card offers flexible Buy Now, Pay Later installments
Simple application process, borrow up to PhP 200,000
FinVolution Group has unveiled the luvit card, making everyday payments accessible and flexible for users through a Buy Now, Pay Later approach.
The rollout marks the company’s move into card-based solutions, bringing installment-enabled transactions into a format that works both online and in physical stores — whether locally or abroad.
To get started, simply download luvit via the App Store or Google Play. Signing up on the app only needs minimal requirements and fast approval.
Once approved, users can start using the Mastercard-powered physical luvit card for a range of expenses. This includes daily purchases, bills, travel bookings, and other lifestyle spendings.
Users can borrow from PhP 2,000 to PhP 200,000 (~US$ 32.56 to ~US$ 3,255.80).
The Buy Now, Pay Later card is designed to accommodate various financial needs. Users can repay in installment options that work for them. In addition, a 0% interest installment is available for the first 40 days.
-
News1 week agoNew York becomes first state to ban smart glasses
-
Singapore1 week agoSony launches IER-M500 in-ear monitors
-
Gaming1 week agoMicrosoft dictates that a new Fallout game is coming
-
Computers2 weeks agoGIGABYTE releases new AORUS RTX 5080 INFINITY graphics cards
-
Gaming2 weeks agoHoYo FEST 2026 details announced; tickets on sale from July 16
-
Reviews1 week agorealme C100: Enduring and durable in spite of entry-level realities
-
Gaming2 weeks agoAssassin’s Creed Black Flag Resynced available worldwide now
-
News4 days agoSamsung releases teaser with Spider-Man: Brand New Day Easter eggs
