Articles about Karl Westvig

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.

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.

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.

TymeBank unit targets SMEs with ChatGPT-like platform

The generative AI model, still in beta testing, aims to provide knowledge and resources for the SME community.

TymeBank announces Retail Capital buyout

The fintech SME funder will become part of the digital-only bank, opening up working capital for small businesses.

PayGate, Retail Capital target start-ups ahead of Black Friday

The local payment service provider teams up with Retail Capital to launch a short-term capital solution for online merchants.

Fintech holding firm Crossfin buys into Retail Capital

The company acquires a "significant minority interest" in Retail Capital, a provider of alternative funding to the SME sector.