ARC Investments has announced on Tuesday (7 December) that Tyme, including TymeBank South Africa and Tyme Global, completed its Series B Capital Raise with the…
TymeBank signs 3 millionth customer to reach a new milestone amid Covid crisis
By Philippa Larkin
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JOHANNESBURG - DIGITAL retail bank TymeBank has reached the landmark 3 million customer milestone amid the challenging Covid-19 crisis, and says it will power on to expand future offerings that will include insurance and value-added services.
TymeBank, which was launched in 2019, said its lower fees were a compelling proposition for consumers, with onboarding customers of between 100 000 and 120 000 each month and 3 000 and 5 000 new customers every day.
Although the bank entered into a deal with the Zionist Christian Church in February last year to onboard a large proportion of the church’s 9 million member base, the initiative has largely been postponed due to the impact of the Covid-19 pandemic and would gain momentum once Covid-19 preventative measures were relaxed.
TymeBank secures R1 6 billion in growth capital from new shareholders sierraleonetimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sierraleonetimes.com Daily Mail and Mail on Sunday newspapers.
so, president trump was either tough on trade, or weak on diplomacy this weekend, depending on whether you put more stock in the president s critics or in his own twitter feed. this morning, president trump delivering his own take on that overseas trip. just returned from france he says where much was accomplished with meetings with world leaders. never easy bringing up the fact that u.s. must be treated fairly. but newspaper headlines show a fuller picture. a more controversial picture in which the president let rainy weather stop him from a world war 1 memorial because it wasn t safe to land. and then that lecture from french president emmanuel macron one that seemed aimed at him. joining me global ambassador wendy sherman, author of not for the faint of heart.