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TymeBank
2:40
Thursday

SARB grants Bank Zero forex exchange licence

SA’s newest digital-only bank, Bank Zero, is appointed as a restricted authorised dealer in forex exchange by the South African Reserve Bank.

4:10

Bank Zero on track for 2020 launch, says CEO

South Africa’s latest digital-only bank confirms it will be open to the public before the end of the year, with financial backing from seven investors.

2:30
Sep 17, 2020

TymeBank in bancassurance deal with Hollard

The digital bank ties up with local insurance giant Hollard to offer customers funeral policy plans without any paperwork needed.

3:50
Sep 17, 2020

Digital newcomer Discovery Bank nears 500K customers

The digital bank says it has 489 000 clients as of 13 September, versus 370 000 accounts at the end of June.

3:50
Sep 15, 2020

TymeBank gets R750m lifeline as COVID-19 disrupts plans

African Rainbow Capital injected R750 million in TymeBank in the last financial year ended June, a tough period for the relatively new digital bank.

3:20
Jul 28, 2020

TymeBank reaches new high, adds fast mode of transaction

The new kid on the banking block now has two million customers − a target reached five months ahead of the bank’s plans.

6:30
Jul 8, 2020

TymeBank, Discovery Bank see customer gains during lockdown

The digital banks report an upswing in on-boarding new customers, as more consumers look to branchless banking channels for their financial services.

3:10
Jul 8, 2020

Pick n Pay enables cash deposits at till points

With the new facility, customers from all South African banks will be able to deposit cash directly into their bank account at any Pick n Pay till point.

3:00
Jun 17, 2020

Motsepe’s TymeBank gets Forbes recognition

The 18-month-old South African digital bank is rated second best in the country on the Forbes list of the world’s best banks.

2:30
Jun 15, 2020

Discovery Bank adds new customers despite COVID-19 setback

The bank says overall credit utilisation declined during the lockdown and arrears, including non-performing loans, are still within expectation.

2:30
Apr 29, 2020

Motsepe’s TymeBank adds finance heavyweight to its board

The digital bank announces the appointment of Karabo Morule as its new independent non-executive director.

4:20
Mar 19, 2020

TymeBank signs up 4 000 new customers per day

The digital bank now has 1.4 million customers, of which 700 000 are active bank accounts

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