Key Highlights
- GoTyme Bank has launched in-app crypto services for its 6.5 million users through a partnership with Alpaca.
- The platform offers 11 cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Solana (SOL), and Polkadot (DOT).
- Crypto purchases auto-convert from Philippine pesos to U.S. dollars, designed for beginners seeking simple, secure investing.
GoTyme Bank, one of the fast-growing digital banks in the Philippines, has just introduced crypto services to its 6.5 million customers.
According to the official press release, the rollout comes via an integration with US fintech firm Alpaca and allows users to buy and hold 11 cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Solana (SOL), and Polkadot (DOT), directly inside the GoTyme mobile app.
The launch comes as crypto adoption in the Philippines continues to rise; around 10% of Filipinos already use digital assets, and this number is expected to grow as more people search for digital-first financial tools.
GoTyme claims its in-app crypto option is designed for everyday users who often find traditional exchanges confusing or overly technical. To simplify the process, crypto purchases are automatically converted from Philippine pesos to U.S. dollars in the background.
Focus on simplicity and security
Nate ClarkE, President and CEO of GoTyme Bank, said the crypto feature is part of the bank’s mission to help Filipinos take control of their finances. “By partnering with Alpaca, we’re bringing global expertise to local customers, ensuring they have the tools to confidently participate in the digital economy,” he said.
Further, Clarke added that GoTyme is focused on making crypto investing safe and easy rather than offering complex trading tools.
Since its 2022 launch, GoTyme has grown quickly with support from Singapore’s Tyme Group and the Philippines’ Gokongwei Group. The bank’s fast onboarding lets users open an account and get a debit card in minutes, and this process now includes crypto services.
Looking ahead, GoTyme plans to expand into Vietnam and Indonesia as part of its Southeast Asia strategy. Clarke has said the bank is still in a growth phase and is prioritizing user expansion over profitability.
A growing and active market
The Philippines is among the most active crypto markets globally, ranking ninth on Chainalysis’ 2025 Global Crypto Adoption Index. Policymakers are looking into new blockchain initiatives. They are considering holding part of the country’s reserves in Bitcoin and placing the nation’s budget on a blockchain network for transparency.
Meanwhile, across Southeast Asia, the pace of digital banking adoption is accelerating. According to surveys, over 80% of consumers are now using digital banking services. Neobanks in Singapore, Indonesia, and Vietnam are eyeing features related to crypto.
GoTyme’s launch adds competitive pressure, as customers increasingly expect banking, payments, and investing on one platform, pressuring rivals to expand their digital-asset offerings.
Also Read: GNLU Begins Consultations to Shape India’s Crypto Rules
