Motsepe’s TymeBank plans new salary advance products

The digital bank will introduce a buy-now-pay-later product called MoreTyme, as well as salary advance offerings, as it seeks to diversify its client base.

Aug 19, 2021

Standard Bank adds branch outlets in Pick n Pay stores

Despite the heightened shift to digital, Standard Bank plans to deploy in-store branches in select Pick n Pay stores in Gauteng and Western Cape.

Aug 18, 2021

Patrice Motsepe’s TymeBank enters Philippines market

The digital bank takes its business global, exporting its concept and experience to its newly-established sister company in the Philippines.

Aug 10, 2021

Bank Zero finally launches after numerous hiccups

After being forced to push out its public launch on numerous occasions, SA’s latest digital-only bank opens to the public, offering a list of zero-fee services.

Jun 1, 2021

PnP Mobile’s RICA process goes paperless

Pick n Pay makes it possible for PnP Mobile customers to register their SIM cards through a completely paperless process.

May 27, 2021

A monitoring service you can bank on

TymeBank works with Sourcing, implementing a remote monitoring solution to identify issues and remediate these before a customer realises there is a problem.

Apr 1, 2021

Discovery Bank appoints Reuel Khoza as chairperson

Effective today, the celebrated businessman is chairperson of Discovery Bank, replacing Adrian Gore, who remains a director of the bank.

Mar 31, 2021

TymeBank reaches 3m customers, 700 retail kiosks

The branchless bank bills itself among the world’s fastest-growing digital banks, on-boarding between 3 000 and 5 000 new customers daily.

Mar 16, 2021

David Pfaff assumes dual role in Motsepe’s Tyme group

As new CFO of Tyme, David Pfaff is set to drive the group’s new consumer credit agenda, while also devoting his time to its Asia growth plans.

Feb 25, 2021

Discovery Bank clocks over 540K accounts

The digital bank says it is managing the growing customer and transactional volumes well and proved stable over the 2020 year-end period.

Feb 25, 2021

TymeBank to provide ‘buy now, pay later’ credit offerings

After securing a R1.6 billion funding deal, the digital bank is on a business development drive to introduce insurance and credit offerings.

Feb 23, 2021

TymeBank plans offshore expansion after scoring R1.6bn funding

The digital-only bank adds new board members and explores international opportunities after securing R1.6 billion in funding from investors in the UK and Philippines.

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