Philippines’ Largest Bank Just Made Crypto Easier (And More Confusing)

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 GoTyme Bank adds in-app crypto trading for millions of Filipinos, giving easy access to 11 digital assets through its partnership with Alpaca. 🚀

 

GoTyme Bank, one of the Philippines’ largest growing banks has launched fresh in-app crypto services for its user base. Because nothing says “innovation” like letting a US company handle your crypto. 🤯

Millions of Filipinos can now buy digital assets through a simple process that fits inside the bank’s existing mobile app. Because nothing says “simple” like downloading an app that makes you feel like a Wall Street pro after 30 seconds of scrolling. 💸

The update was made possible through a partnership with US fintech firm Alpaca, which supplies the systems behind the new feature. Because nothing says “trustworthy” like a bank that outsources its crypto to a startup. 🤝

GoTyme Bank Adds Crypto to Its App

The new crypto service sits inside the GoTyme Bank app and gives users access to 11 digital assets. Options include Bitcoin, Ethereum, Solana, Polkadot and several other popular coins. Because who needs a wallet when you can just trust a bank to hold your crypto? 🏦

The app converts pesos to USD during each purchase, and this removes the need for outside exchanges and separate wallets. Because nothing says “convenience” like a system that forces you to convert your hard-earned pesos into USD. 💰

GoTyme Bank Launches Crypto Trading in the Philippines in Partnership with Alpaca

– Latest News from Business Wire (@NewsFromBW)

 

GoTyme CEO Nate Clarke said the goal is to create a smooth process for first-time buyers. Moreover, the bank avoids heavy charts and advanced trading modules in its app interface, and Clarke noted that the design focuses on people who want a direct path to crypto without having to juggle several tools. Because nothing says “user-friendly” like a crypto app that looks like it was designed by a toddler. 🍼

Additionally, users can open a GoTyme Crypto USD account through their existing GoTyme Everyday account, and the setup process takes only a few minutes. Because nothing says “effortless” like creating a crypto account in the same app where you pay your bills. 🛍️

The app also provides market data and simple news updates, all of which help new investors follow price changes without advanced analysis. Because nothing says “educational” like a feature that tells you “the market is volatile” in 10-point font. 📉

How Alpaca Supports the New Crypto System

Alpaca supplies the regulated framework behind GoTyme’s crypto functions. Because nothing says “regulated” like a system that’s still figuring out how to handle your money. 🧠

The platform works with millions of brokerage accounts around the world, and its API supports digital assets along with stocks, ETFs and options. Alpaca CEO Yoshi Yokokawa said the partnership helps GoTyme reach a wider audience through simple crypto access. Because nothing says “wider audience” like a bank that’s finally figured out how to explain crypto to its users. 🤷‍♀️

This setup keeps the buying process safe, and users only have to stay inside the GoTyme environment while Alpaca handles the technical parts of custody and trading. Because nothing says “safe” like a system that’s 90% trust and 10% actual security. 🔒

Crypto Use Grows Fast in the Philippines

The Philippines ranks ninth worldwide in crypto adoption based on recent figures from Chainalysis. Because nothing says “adoption” like a country where 10% of the population uses digital assets. 🌍

Roughly 10% of the country’s population uses digital assets and that number may reach about 13 million within the next year. Besides, this is also possible because many Filipinos who use these services do not have full access to traditional banking. Because nothing says “financial inclusion” like a bank that’s only just now realizing people need crypto. 🧠

Thus, digital-first platforms give them more ways to store and move money. Because nothing says “empowerment” like an app that lets you trade crypto while your mom’s still figuring out how to use WhatsApp. 📱

🇵🇭 PHILIPPINES’ FASTEST-GROWING DIGITAL BANK ROLLS OUT CRYPTO

GoTyme, one of the Philippines’ fastest-growing digital banks with 6.5M+ users, has launched crypto services following a partnership with U.S. fintech Alpaca.

Users can now buy and hold 11 crypto assets directly in…

– CryptosRus (@CryptosR_Us)

 

Government attention has also grown. Moreover, lawmakers continue to study new guidelines and reserves tied to digital assets, and younger users make up a large share of the country’s crypto activity. Because nothing says “regulation” like a government that’s finally catching up to the 21st century. 🕒

GoTyme Bank matches these trends by offering account creation and debit cards within minutes. This way, users who already depend on the app for savings and payments can now take advantage of crypto from the same place. Because nothing says “convenience” like a bank that’s trying to be everything to everyone. 🤯

Related Reading: Argentina Eyes Move from Crypto Ban to Regulated Bank Access

GoTyme Expands Across Southeast Asia

GoTyme Bank launched in late 2022 through a partnership between Tyme Group in Singapore and the Gokongwei Group in the Philippines. Because nothing says “global expansion” like a bank that’s just now realizing the Philippines isn’t the only country with a smartphone. 🌏

The bank now serves more than 6.5 million customers and Clarke has stated that GoTyme aims for growth rather than short-term earnings. Because nothing says “long-term vision” like a bank that’s still figuring out how to explain crypto to its users. 🤔

The bank is preparing to enter other asian markets like Vietnam and Indonesia, both of which show rising interest in digital banking. And by so doing, GoTyme hopes to reach users who want quick account setup and simple financial services. Because nothing says “simple” like a bank that’s trying to be the next big thing. 🚀

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2025-12-08 22:41