Articles about TymeBank

AI, analytics investments to create short-term pressure for TymeBank

Leveraging tech to drive growth and operational efficiency, TymeBank is progressing toward sustainable monthly profitability, says African Rainbow Capital.

PayShap prompts SA banks to cut instant payment charges

Local banks have reduced their own charges for instant transfers so that the charges are the same as that of PayShap.

Kazang, TymeBank expand withdrawal points

Card acquiring business Kazang partners with TymeBank to make cash withdrawals more accessible in the remote areas of SA.

New services to boost TymeBank’s ‘top three’ ambitions

The digital bank will introduce credit cards, new lending capabilities and relaunch its banking app, amid plans to become one of SA’s top three banks.

Multi-billion funding bolsters Tyme Group valuation

The Patrice Motsepe-owned digital banking group is now valued at R26.7 billion after securing R4.4 billion in the latest capital raise, to fuel its next phase of growth.

Motsepe’s TymeBank looks to expand into new markets

TymeBank achieves sustainable profit levels, while GoTymeBank continues to track in line with its key metrics, says ARC.

SA regtech market to hit R5.3bn amid greylisting woes

After SA’s inclusion in the Financial Action Task Force grey list, enhanced compliance is urgently needed, says Research and Markets.

TymeBank reaches 10m customers amid record deposits

The digital bank reaches 10 million customers, with almost R7 billion in customer deposits six years since inception.

Motsepe’s ARC pumps R295m into Rain, TymeBank

African Rainbow Capital makes additional investments in Rain and Tyme Group, of R126 million and R169 million, respectively.

Discovery Bank notches up first 1m clients

The digital bank says it has acquired one million clients, two years ahead of schedule.

TymeBank appoints Karl Westvig as CEO

The digital bank names Karl Westvig as its new CEO, as current CEO Coenraad Jonker is appointed chairman of Tyme Group.

South Africa makes start-up ecosystem inroads

Despite the current political limbo, South Africa comes up in the list of innovation economy winners in the latest global start-up ecosystem rankings.