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Shoprite Takes a Step into South Africa’s Digital Banking Fray

Shoprite has fired the starting gun on its expansion in South Africa, joining the fast-growing digital banking market where new players are signing up...

TymeBank Recognised as Among Top Three Best Digital Banks in SA

Only 18 months after launching, TymeBank has been rated as one of the top three in digital banking in South Africa. Conducted by InSites Consulting,...

Michael Jordan’s Bank Zero Plans a Controlled Launch

Bank Zero, a start-up by mostly former First National Bank (FNB) staffers chaired by venture capitalist Michael Jordaan, is planning a mid-2020 controlled launch. The...

Coronavirus: TymeBank’s SendMoney Service is now Free

As South Africa settles into an unprecedented 21-day national lockdown and banks look to do what they can to help ease the financial burden...

TymeBank to Keep its Interest Rate Unchanged

In these uncertain times, only one thing is really certain, and that’s that every company and its dog wants to tell you what it’s...

Patrice Motsepe’s Firm Invests R300-m in Digital Bank TymeBank

African Rainbow Capital Financial Services Holdings (ARC FinHoldCo) announced on Thursday that it has invested R300 million South Africa’s first fully digital bank TymeBank. ARC...

Discovery Bank Is Struggling To Attract Customers

The new digital bank Discovery Bank has proudly stated on Thursday that deposits had grown strongly to R1.2 billion; total credit card spend was...

Patrice Motsepe’s TymeBank Targets 12m ZCC Members

TymeBank, a digital bank that is owned by billionaire Patrice Motsepe, is targeting 12 million churchgoers of Zion Christian Church (ZCC) as clients. African Rainbow...

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