TymeBank has entered into a strategic partnership with retail group The Foschini Group (TFG) to introduce TymeBank financial products and services both in-store and on digital platforms. The group’s chief executive Tauriq Keraan said that the partnership will lead to

South African digital banking group TymeBank has hit 3.45 million customers at the end of June 2021, onboarding around 5,000 customers daily. TymeBank reported 3 million customers at the end of March 2021, pointing to the onboarding of 450,000 customers

I remember, when I was a child, the importance my father placed on securing a meeting with a service consultant at his local bank. It was an opportunity to describe his situation, to shake hands, to feel cared for, to

Over the past ten years, there has been steady growth in digital banks globally. Nubank,co-founded by David Vélez in 2013, disrupted the Brazilian banking market and has become the world’s largest digital bank with over 40 million customers. In the same year, N26 was established to

There is a frequent misconception in discussions around digital banks, namely that digital banks and traditional banks differ only at the surface. Digital banks, the misconception goes, are simply traditional banks that focus on apps instead of branches and try to

DIGITAL retail bank TymeBank has reached the landmark 3 million customer milestone amid the challenging Covid-19 crisis, and says it will power on to expand future offerings that will include insurance and value-added services. TymeBank, which was launched in 2019,

Lafferty Group recently spoke with Tauriq Keraan, the chief executive of Tyme Bank, the South African digital retail bank. Mr Keraan has been involved with Tyme since 2013, tasked with helping to develop the bank, and he rose to become

The battle for the most affordable entry-level banking account in South Africa has become a race to zero, with a new entrant into the market, Spot Money, bringing a sixth zero-monthly fee option to consumers. Spot Money is a digital bank

TymeBank says it uses world-class security systems and technology to protect its 2.5 million clients from criminal and fraudulent activity. However, the bank says some of its customers are still at risk when falling prey to the tactics that criminals

TYMEBANK said on Tuesday that it was tracking slightly behind its projections to attract clients, largely due to the national lockdown and sustained financial pressure on consumers even though it managed to grow its customer base to 2.5 million by

Tauriq Keraan is the chief executive officer at TymeBank, the new revolutionary digital retail banking entrant in South Africa’s financial services landscape. Keraan previously served as the bank’s deputy chief executive, before taking over the lead role in 2019. He

Committed to expanding banking services to all South Africans, TymeBank proactively leverages innovative digital technology to deliver a safe and frictionless banking experience to its over 2.5 million customers. Working closely with IDEMIA, TymeBank continues to onboard approximately 120 000

By JANE STEINACKER In March this year, TymeBank was about to launch a credit facility for customers but it was forced to pulled the plug when the pandemic hit. Even so, the bank said it had done well during the

By Angelique Ardé   Established South African banks that dominate the market have not crowned themselves in glory when it comes to how they treat their customers. But this is about to change, thanks to new standards that will regulate

JOHANNESBURG – African Rainbow Capital Investments (ARC Investments) said on Friday that TymeBank had put on hold its foray into the unsecured lending space as a result of challenging market conditions in the wake of the Covid-19 outbreak. The digital

JOHANNESBURG – African Rainbow Capital Investments (ARC Investments) said on Friday that TymeBank had put on hold its foray into the unsecured lending space as a result of challenging market conditions in the wake of the Covid-19 outbreak. The digital

Following its official launch on 26 February 2019, TymeBank succeeded in acquiring one million customers by November 2019 and is now expects to onboard 2 million customers before August this year. In an African Rainbow Capital (ARC) investment update, the

By Karl Gernetzky Customer deposits passed the R1bn mark in April and growth is ahead of expectations, the owner of the digital bank says TymeBank is on track to have 2-million clients by August, a mark previously expected only to be

By Martin Creamer   JOHANNESBURG (miningweekly.com) – Fully-digital retail finance house TymeBank is poised to achieve its two-million-customer milestone three months ahead of schedule, African Rainbow Capital (ARC), its majority shareholder, stated on Friday. Following its official launch in February

The partnership between a bank owned by billionaire Patrice Motsepe and the influential Zion Christian Church could be a way for TymeBank to rapidly increase the number of its clients and compete with some of the country’s biggest banks. A

Leading South African investment holding company, African Rainbow Capital (ARC) which was founded by Dr Patrice Motsepe, announced today that TymeBank, in which it has a majority shareholding, has entered into a partnership with the Zion Christian Church (ZCC) to

By Chris Gilmour   Two of the most important assets in African Rainbow Capital’s (ARC’s) portfolio are internet service provider Rain and TymeBank, the financial services company that recently celebrated its millionth customer in less than a year. Both are

By Warren Thompson

Leading empowerment investment holding company African Rainbow Capital (ARC) today announced it has obtained regulatory approval for the acquisition of 90% of TymeDigital by Commonwealth Bank SA, a registered bank that is set to enter the local banking sector with