The digital bank targets 210 million global customers, as it rebrands and empowers 1 800 staff with a R100 million stake.
ITWeb OTR: GoTyme CEO Cheslyn Jacobs takes to the stage at the rebranding
Cheslyn Jacobs, CEO of GoTyme, takes an audience at the rebranding announcement through the bank’s plans
The bank’s “phygital” model combines upgraded digital services with in-person banking support across malls in Gauteng and Western Cape.
The digital bank is expanding its mall-based customer hubs, while accelerating AI-powered app development and product growth.
The branchless bank transitions to GoTyme Bank, marking its next step as part of the global Tyme Group.
Cheslyn Jacobs aims to elevate the bank to a top three position, while investing in employees and customer experience.
TymeBank warns that an additional R20 fee to instantly open a bank account will force people back into the risky cash economy.
Card acquiring business Kazang partners with TymeBank to make cash withdrawals more accessible in the remote areas of SA.
With nine million customers, TymeBank is looking to add commercial banking products and expand its virtual card offerings.
The bank helps local entrepreneurs transform their businesses by providing them with the latest payment tech.
Coen Jonker is named TymeBank CEO, while Tauriq Keraan is appointed as the group’s executive for growth projects.
The digital-only bank teams up with augmented identity firm IDEMIA, to offer customers authenticated and contactless card payment services.