GoTyme Bank has launched a new ownership initiative that invites all 2000 global employees to become company shareholders.
This broad share scheme aims to deepen staff participation in the long-term financial success of the company.
The programme arrives as the financial technology firm prepares for a potential stock market listing within three to four years.
Chief Executive Officer, Cheslyn Jacobs, stated that the initiative encourages the workforce to behave like true business owners.
Jacobs noted that the enterprise currently remains in a hyper-growth phase, and the share scheme could make a meaningful difference to employees.
Management commenced internal education sessions to help staff understand the potential benefits of the ownership programme.
The digital lender currently serves more than 21 million customers across markets, including South Africa and the Philippines.
The company reports adding approximately 450,000 new clients every month across its primary regions.
African Rainbow Capital Investments holds a majority stake in the business alongside the Gokongwei Group and investors like Tencent Holdings and Nu Holdings.
Investors previously valued the digital platform at US$1.5 billion during a major fundraising round in 2024.
Company executives from GoTyme Bank suggest the upcoming public listing could target a valuation of around US$15 billion.
The business plans to scale its operations to reach 50 million global customers before finalising its public offering.
Jacobs added that management will only proceed with the market launch when broader economic conditions align with their expectations.
The company also expects to post record profits for the financial year ending this June.
@fintechnewsnetwork @gotymebankza is eyeing a US$15 billion IPO valuation. Head of Group Strategy Anxin Leong shared with Fintech News Network their IPO timeline. Fintech IPO Banking
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