Gokongwei-backed digital lender According to GoTyme president and chief executive officer Nathaniel Clarke, the bank is looking to offer investment products such as cryptocurrency trading upon approval of the Bangko Sentral ng Pilipinas .“We’re just waiting regulatory approval for that. We’re actually gonna start with crypto trading, so that will be the first investment product,” he told GMA News Online in an interview in Quezon City.
“The primary segment that we’re targeting is more the emerging affluent, like a young millennial, Gen Z, ‘Zillennials’ as our marketing team calls them,” he said, adding that current products hold back potential investors from entering the market due to a high minimum.In terms of credit services, Clarke said the bank is looking to launch an “open market consumer product” which will serve as a “buy now, pay later” QR-based consumer credit card.