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TymeBank bets big on opening the credit taps for consum

TymeBank bets big on opening the credit taps for consum
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TymeBank announces new credit option

TymeBank announces new credit option Subscribe Digital bank TymeBank has appointed David Pfaff as chief financial officer of Tyme Group and chief executive of Tyme’s South African operations – to head up and oversee the launch of the banking group’s new credit product. Pfaff brings finance and retail operations experience, having previously held the position of chief operating officer and chief financial officer in his eight-year stint at clothing retailer Truworths. At Truworths he was responsible for a R6 billion credit book, credit risk, credit operations, store retail operations, finance and information technology. He officially took office at TymeBank on 1 March 2021.

New appointments at TymeBank

Mar 15, 2021 TymeBank and its international sister company Tyme, have announced the appointment of David Pfaff as chief financial officer of Tyme as well as country CEO of Tyme’s South African operations. Pfaff took office on 1 March 2021. The announcement of his appointment follows the recent announcement by TymeBank SA and Tyme that they have secured about R1,6-billion in foreign investment from two new international shareholders. The new investors are Apis Growth Fund II, a fintech private equity fund managed by Apis Partners (Apis), and JG Summit Holdings (JG Summit), the renowned conglomerate owned by the Gokongwei family and one of the largest in the Philippines.

Truworths to launch a competitor for the likes of Mr Price and Pep

Truworths to launch a competitor for the likes of Mr Price and Pep News24.com Comments Truworths to launch value retailer to take on the likes of Mr Price, Pep and Jet . The Truworths group has announced that it will be launching a new value-focused chain to gain entry into the lower end of the South African fashion market. This means that the group will be competing on the same playing field as long time value fashion retailers like Mr Price, Pep stores and Jet. The Truworths group said there will be an increased focus on value and in-demand products by

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