Articles about TymeBank

TymeBank gets green light to buy Sanlam’s loan portfolio

The Competition Commission concludes that the transaction is unlikely to lessen or prevent competition.

Biometric fee hike to impact prepaid cellular users

The Department of Home Affairs is undermining government’s digital inclusion efforts, says the Association of Comms and Technology.

Biometric fee hike 'threatens financial inclusion'

TymeBank warns that an additional R20 fee to instantly open a bank account will force people back into the risky cash economy.

Minister in spat with TymeBank over biometrics fee hike

The Department of Home affairs is forcing SA’s poor to absorb the cost of maintaining the population register, says TymeBank.

Bank Zero charts path to break-even in two years

After 40% year-on-year customer growth, the digital-only financial player aims to gain 100 000 new clients and expects to break even by 2027.

AI, analytics investments to create short-term pressure for TymeBank

Leveraging tech to drive growth and operational efficiency, TymeBank is progressing toward sustainable monthly profitability, says African Rainbow Capital.

PayShap prompts SA banks to cut instant payment charges

Local banks have reduced their own charges for instant transfers so that the charges are the same as that of PayShap.

Kazang, TymeBank expand withdrawal points

Card acquiring business Kazang partners with TymeBank to make cash withdrawals more accessible in the remote areas of SA.

New services to boost TymeBank’s ‘top three’ ambitions

The digital bank will introduce credit cards, new lending capabilities and relaunch its banking app, amid plans to become one of SA’s top three banks.

Multi-billion funding bolsters Tyme Group valuation

The Patrice Motsepe-owned digital banking group is now valued at R26.7 billion after securing R4.4 billion in the latest capital raise, to fuel its next phase of growth.

Motsepe’s TymeBank looks to expand into new markets

TymeBank achieves sustainable profit levels, while GoTymeBank continues to track in line with its key metrics, says ARC.

SA regtech market to hit R5.3bn amid greylisting woes

After SA’s inclusion in the Financial Action Task Force grey list, enhanced compliance is urgently needed, says Research and Markets.