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...
These banks charge extra fees for rand payments to Netflix, Spotify and other online services
Most South African banks don't charge additional transaction fees for rand-based payments to international merchants, despite charges levied by payment provider schemes like Visa and Mastercard.
FNB...
South Africa's R0 monthly fee bank accounts compared
South Africans have six entry-level bank accounts to choose from that don't come with any set monthly fee.
Improved digital capabilities have enabled existing big banks and new upstarts to offer banking services at very low costs.
TymeBank to acquire Retail Capital
TymeBank plans to bolster its business banking offering with a series of initiatives, including a proposed acquisition of Retail Capital.
Retail Capital is a fintech company providing funding to small and medium-sized businesses in South Africa.
Bank Zero's big plans to catch up — including adding a vital missing feature
Bank Zero is planning to officially exit its beta period and roll out several significant new features in the coming months. However, it is facing an uphill battle against more established digital banks seeing...
Cheapest Internet banking fees in South Africa
FNB's Easy PayU account offers the most affordable online banking transaction fees, while Absa's Transact account was the most expensive, a MyBroadband analysis of entry-level bank accounts showed.
Online banking services became essential as the...
App-based banking in South Africa — how fees differ between banks
All of South Africa's prominent banks offer app-based banking with varying fee structures, charging different amounts for basic payments, prepaid purchases, debit order disputes, and instant transfers.
MyBroadband compared the...
TymeBank appoints new CEO
Tyme Group has announced a series of leadership changes following TymeBank's rapid growth in South Africa.
At the same time, Tyme Group said it is strengthening its position as an international digital banking group.
South African banks with the most fraud complaints
Banking services ombudsman Reana Steyn says that her office received and investigated a record number of complaints in 2021 — with Internet banking fraud topping the list.
The number of complaints the Ombudsman for Banking Services (OBS)...
All but one of South Africa's major banks let customers disable tap-to-pay
FNB is the only major bank in South Africa that doesn't let customers disable tap-to-pay on their payment cards.
Although "Tap and Go" payment technology for bank cards was beneficial during the Covid-19 pandemic, many...
Billions flowing into South Africa's tech scene
While many segments of South Africa's economy have been struggling to keep heads above water amid the Covid-19 pandemic, one has been flourishing — tech.
Across the world, technology firms have generally benefitted from the disruption that came...
TymeBank launches medical insurance — TymeHealth
TymeBank has partnered with National HealthCare Group to launch a medical insurance product called TymeHealth, priced from R139 per month.
Council for Medical Schemes statistics show that 8.9 million South Africans are covered by medical aid...
TymeBank launches credit card
TymeBank has launched its first credit card. The bank says it is responding to customer demand and that the launch comes as it expands its offering with products that cater to different financial needs and life stages.
“The launch of the TymeBank Credit Card is a...
South African digital banks compared — TymeBank vs Discovery Bank vs Bank Zero
South Africans searching for a bank that doesn't require branch visits for several services can opt for one of the country's digital banks.
The country has seen the launch of several digital banks in recent years...
Hey all.
I just got hired into an American-based company and am receiving a salary in dollars at the end of this month. I recently lost my ID and am unable to apply to get a new one because of lockdown regulations. Only first-time applicants can apply for an ID. If you've already had one you...
Bank Zero vs TymeBank — Battle for the best affordable digital bank
South Africa's newest digital bank, Bank Zero, offers few features and pricing benefits over TymeBank, another digital-focused which launched more than two years ago, a MyBroadband comparison has shown.
Following Bank Zero's...
All the companies Patrice Motsepe owns
Patrice Motsepe is one of South Africa’s most successful businessmen with shareholdings in many of the country’s top companies, including Sanlam, Rain, Alexander Forbes, and TymeBank.
Motsepe is also a shareholder in Mamelodi Sundowns and the Blue Bulls...
african rainbow capital (arc)
african rainbow minerals (arm)
alexander forbes
blue bulls
confederation of african football (caf)
mamelodi sundowns
patrice motsepe
rain
sanlam
tymebank
TymeBank will launch credit cards and expand to more countries
TymeBank has big plans for its business in 2021, from launching credit cards to expanding to two more countries.
The company's strategy is aided by the R1.6 billion in funding it recently acquired from Apis and JG Summit...