tymebank

  1. Hanno Labuschagne

    Hackers claim R175 million looted through fraudulent grant beneficiary accounts

    Hackers claim R175 million looted through fraudulent grant beneficiary accounts On Tuesday, GroundUp reported that the South African Social Security Agency (Sassa) will suspend payments of the Covid-19 Social Relief of Distress (SRD) grant to fraudulent beneficiaries. We decided to...
  3. Hanno Labuschagne

    Tyme Group valuation hits $1.5 billion

    Tyme Group valuation hits $1.5 billion Tyme Group, a digital lender controlled by South African billionaire Patrice Motsepe, raised $250 million (R4.47 billion) in a funding round that made it one of Africa’s few unicorns. The bank is valued at $1.5 billion (R26.79 billion) after the capital...
  4. oros

    Tymebank app down

    Hi Anyone noticed tymebanks downtime?? Can't use the app at all. The card was also down for a while. Apparently fixed.
  5. everythingsucks

    Tymebank No Longer Doing SWIFT Payments

    I opened a Tymebank account randomly in 2020, while running some errands at a localPnP. I thought it was cool; quick & simple sign-on process, immediate EFTs to others, send/receive global payments and you can get basic daily banking done with them. However, this Dec/Jan something bizarre...
  6. branm

    Goal Save Interest

    What happens if i put money in my goal save account and leave it for more than 90 days, since the interest goes up to 7% to 8% in 90 days and i have not been making any transactions for 3 consecutive months ?
  7. Mboneni_SK

    Tymebank error code

    I’ve been trying to open a Tymebank account for some time now with no success, I keep being told to visit home affairs and my latest error code I got was : 0409018. Anybody have any idea what may be the cause of this
  8. Jan

    TymeBank launches PayShap support - only bank charging no fees for all transaction sizes

    TymeBank launches PayShap support — throws down gauntlet for other banks TymeBank has become the latest bank to support the South African Reserve Bank's real-time cross-bank payment system, PayShap. First launched in March 2023, the PayShap service enables people to use an identifier other...
  9. Jan

    TymeBank announces $77.8 million pre-series C capital raise

    TymeBank secures R1.5 billion investment Digital banking group Tyme has secured two new international investors as part of its pre-series C capital raise launched in January this year. Along with the two new shareholders — Norrsken22, an Africa-focused tech growth fund, and Blue Earth Capital...
    • Jan
    • Thread
    • blue earth capital coen jonker david moore natalie kolbe norrsken22 patrice motsepe tymebank
    • Replies: 1
    • Forum: Broadband and IT News
  10. Jan

    Bank Zero cheaper than TymeBank and Discovery Bank in transaction fee comparison - May 2023

    Digital banks compared — Bank Zero beats TymeBank and Discovery Bank Bank Zero is the cheapest digital bank available to South African customers, with Discovery Bank being the most expensive, a MyBroadband analysis has revealed. We compared fees for three prominent digital banks in the...
  11. Jan

    Entry-level bank account comparison - Bank Zero wins (March 2023)

    Cheapest bank accounts in South Africa Bank Zero offers the cheapest low-cost banking service in South Africa, a MyBroadband analysis using a basket of transactions shows. South Africa's major traditional and digital banks all offer entry-level, low-cost accounts for those who prefer a...
    • Jan
    • Thread
    • absa bank fees bank zero first national bank (fnb) nedbank standard bank tymebank
    • Replies: 2
    • Forum: Broadband and IT News
  12. Jan

    Digital vs traditional banking transaction fees comparison

    TymeBank beats digital and traditional bank competitors in transaction fees battle Fit-for-purpose digital banks are taking the fight to traditional banks in South Africa, pushing the envelope of what's possible without branches and bringing down banking costs in the process. Digital-first...
    • Jan
    • Thread
    • absa bank zero capitec bank discovery bank first national bank (fnb) nedbank standard bank tymebank
    • Replies: 8
    • Forum: Broadband and IT News
  13. Jan

    Bank Zero vs Discovery Bank vs TymeBank digital bank fees comparison

    South African digital banking battle South Africans who want to open a bank account without the hassle of visiting a branch have several providers to choose from. There are three major banks in South Africa with digitally-focused offerings that operate without physical branches — Bank Zero...
  14. Jan

    SA Banking Sentiment Index 2022 released

    Most loved and hated banks in South Africa — with one slipping badly Banking was among South Africa's "most liked" industries in the past year, beating retail, insurance, and telecommunications. That is according to the SA Banking Sentiment Index for 2022 compiled by DataEQ, the company...
    • Jan
    • Thread
    • absa african bank capitec discovery bank first national bank (fnb) nedbank standard bank tymebank
    • Replies: 10
    • Forum: Broadband and IT News
  15. Jan

    TymeBank's R1.5-billion Retail Capital acquisition finalised

    TymeBank completes R1.5-billion Retail Capital acquisition TymeBank has announced that its acquisition of fintech company Retail Capital is complete, and work is underway to integrate the organisation. The deal is worth R1.5 billion, TymeBank said. It also revealed that it expects to hit 6...
  16. Jan

    Banks reveal Black Friday spending stats, including a commercial client that dropped R1.88 million

    South Africa's biggest Black Friday spenders — including a R1.88-million purchase Black Friday 2022 again saw single transactions worth hundreds of thousands of rands in South Africa, while at least two customers spent over a million rand in total on the day. Physical retailers and online...
    • Jan
    • Thread
    • absa bank zero cheslyn jacobs discovery bank nedbank standard bank tshipi alexander tymebank
    • Replies: 12
    • Forum: Broadband and IT News
  17. Jan

    Stand-alone credit card account comparison for South African banks

    Best credit card deals from South African banks Many of South Africa's major banks offer entry-level credit cards with minimal monthly fees that can help young consumers start building a good credit score. These cards often also come with some added value in the form of membership to banks'...
    • Jan
    • Thread
    • absa african bank capitec credit card discovery bank first national bank (fnb) nedbank standard bank tymebank
    • Replies: 22
    • Forum: Broadband and IT News
  18. Jan

    Competition Tribunal approves TymeBank acquisition of Retail Capital

    TymeBank acquisition of Retail Capital gets green light The Competition Tribunal has unconditionally approved TymeBank's acquisition of Retail Capital. It noted that TymeBank offers personal and business transactional accounts, savings accounts, and value-added services comprising credit...
  19. Jan

    Digital bank app rating and transaction fee comparison

    TymeBank beats Discovery and Bank Zero in digital bank comparison South Africans have three banks to choose from that don't require visiting a branch to open an account or perform a variety of everyday transactions — Bank Zero, Discovery Bank, and TymeBank. MyBroadband compared these banks'...
    • Jan
    • Thread
    • bank zero banking apps digital banking discovery bank tymebank
    • Replies: 5
    • Forum: Broadband and IT News
  20. Jan

    South African bank app ratings vs Hellopeter reviews compared

    Online banking comparison — App store reviews put Discovery Bank on top Discovery Bank has the online banking platform with the most positive app store reviews in South Africa, an analysis of the scores on Google Play and the Apple App Store shows. The bank received an aggregate score of 4.8...
    • Jan
    • Thread
    • absa apple app store bank zero capitec discovery bank first national bank (fnb) google play hellopeter nedbank standard bank tymebank
    • Replies: 4
    • Forum: Broadband and IT News
  21. Hanno Labuschagne

    Tymebank's impressive growth and global expansion plans

    Tymebank's impressive growth and global expansion plans Tymebank CEO Coen Jonker has provided insights into their finances and international expansion plans, and it tells the story of a challenger bank with great prospects. Tymebank launched in February 2019 with a value proposition based on...
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