Patrice Motsepe’s TymeBank eyes the half-a-million customer milestone by month-end
Bank’s growth has surpassed analysts’ expectations given that it only officially launched four months ago and has no branch network
09 June 2019 - 19:42
TymeBank, owned by businessman Patrice Motsepe’s African Rainbow Capital, said on Friday it is on track to reach the half-a-million customer milestone at end-June.
TymeBank is the first of the new entrants to disrupt banking in SA by offering a zero-fee account. Since its launch in February, some rival banks have also launched no-fee products that include value-added services such as free airtime in a bid to defend their market shares. ..
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