TymeBank takes aim at ‘big five’ lenders
The neobank now has 6.2-million customers and a physical presence double that of FNB’s branch network and almost twice that of Capitec
25 January 2023 - 15:39
Patrice Motsepe-backed TymeBank says its partnership with fashion retailer TFG has almost doubled its physical presence, putting it in a prime position to take on SA’s so-called big five retail banking groups.
The digitally focused lender, which is also expanding in the Philippines under the GOTyme banner, has completed its rollout of 600 kiosks across TFG stores in SA. The two groups have now issued 250,000 jointly branded debit cards. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.