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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.

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.

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.

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.

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.

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.

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

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.

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.

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.

Nov 29, 2019

TymeBank already eyeing next million customers

After announcing the bank’s first million customers, CEO Tauriq Keraan reveals partnerships will unlock further growth.

Nov 28, 2019

TymeBank scores 1m customers

The digital bank has reached one million customers in first nine months since public launch, with 420 000 of them being active customers.

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