GoTyme Bank has introduced an employee ownership programme that will enable its more than 2,000 employees globally to acquire stakes in the fast-growing digital bank.
The initiative, rolled out to staff this week, aims to align employees with the company’s long-term growth objectives and foster a strong culture of ownership.
This move positions GoTyme Bank among the more progressive digital banks in Africa, deepening staff participation in the company’s success and long-term value creation.
Programme Objectives and Structure
The employee ownership scheme is designed to:
- Give staff a direct financial stake in the bank’s performance.
- Strengthen motivation and commitment by linking personal success with the company’s growth.
- Support talent retention and attraction in a highly competitive fintech talent market.
Internal education sessions have been conducted to help employees fully understand the structure, benefits, and implications of the programme.
We want our staff to behave like owners. The bank remains in a hyper-growth phase and we believe this initiative could create meaningful financial impact for employees over time
Cheslyn Jacobs, Chief Executive Officer of GoTyme Bank
Company Context and Growth Trajectory
Majority-owned by African Rainbow Capital Investments (led by billionaire Patrice Motsepe), GoTyme Bank has emerged as one of Africa’s fastest-growing digital lenders.
The bank currently serves over 21 million customers across South Africa and the Philippines through a joint venture with the Gokongwei Group.
READ ALSO:How GoTyme Bank Is Phasing Out Pick n Pay Kiosks to Launch Mall-Based Customer Hubs
It also counts Tencent Holdings and Nu Holdings among its investors.
GoTyme Bank was valued at US$1.5 billion in 2024 following a US$150 million investment from Nu Holdings.
The bank expects to post record profits for the financial year ending June 2026 while adding approximately 450,000 new customers per month.
It is also preparing for a potential public listing within the next three to four years, with ambitions to reach a valuation of approximately US$15 billion as it scales toward 50 million customers globally.
Strategic Significance
By offering equity participation to employees, GoTyme Bank is reinforcing its position as a forward-thinking fintech institution.
This initiative is particularly relevant in a sector where talent is critical to innovation and execution.
It also signals confidence in the bank’s growth trajectory and long-term value creation potential.
Future Outlook
GoTyme Bank’s employee ownership programme represents a meaningful step in aligning staff interests with the company’s ambitious growth plans.
As the bank continues its rapid expansion and prepares for a potential public listing, this initiative strengthens internal motivation, supports talent retention, and deepens the sense of shared ownership among its global team.
GoTyme Overview
GoTyme Bank app download: GoTyme Bank offers its mobile banking app on Android (Google Play) and iOS (App Store) for account management, transfers, savings and payments.
GoTyme MoreTyme: MoreTyme is GoTyme’s buy-now-pay-later (BNPL) and flexible payment solution that allows eligible users to split purchases into instalments.
GoTyme loan requirements / How to loan in GoTyme online: Loan or credit eligibility depends on account verification, transaction history, valid ID/KYC compliance and internal credit assessment through the app.
GoTyme login: Customers log in using their registered mobile number/email and password or biometric authentication within the GoTyme app.
GoTyme kiosk near me: GoTyme kiosks are commonly located in partner retail stores and malls in the Philippines, where users can open accounts and print debit cards instantly.
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