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4:00
Jan 25, 2021

Bank Zero’s public launch hits snag amid COVID-19 interruptions

The digital-only newcomer delays its public launch and opts to run a “closed rollout” as a risk mitigation measure, amid the COVID-19 upheaval.

2:40
Dec 17, 2020

Patrice Motesepe’s TymeBank, Rain face COVID-19 hiccups

While Rain experienced faced certain ‘customer service challenges’ during the period, TymeBabk is tracking slightly behind its projections to attract clients.

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.

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.

4:00
Jun 9, 2020

Patrice Motsepe-backed fund invests R50.5m in solar start-up

ARCH’s Africa Renewable Power Fund has invested $3 million in SA’s blockchain-based solar start-up Sun Exchange.

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

2:10
Feb 20, 2020

Discovery Bank disburses over R1bn in credit

The bank’s half-year results show total credit card spend was R2.6 billion and total credit limits granted sat at R2.5 billion.

2:20
Feb 20, 2020

Patrice Motsepe firm commits R249m to solar projects

The fresh funding will enable the ongoing expansion of CrossBoundary Energy’s commercial and industrial solar services.

4:00
Feb 3, 2020

Patrice Motsepe’s TymeBank heads to church

The digital bank secures a partnership with the Zion Christian Church, to offer a banking proposition to its members.

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