Close Menu
    • ABOUT
    • BOOK STORE
    • ENTREPRENEURSHIP
    • ESG
    • EVENTS & AWARDS
    • POLITICS
    • GADGETS
    • CONTACT
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    Business Explainer
    Subscribe
    • TRENDING
    • EXECUTIVES
    • COMPANIES
    • STARTUPS
    • GLOBAL
    • AGRICULTURE
    • DEALS
    • ECONOMY
    • MOTORING
    • TECHNOLOGY
    Business Explainer
    Home » TymeBank makes profit for the first Tyme
    COMPANIES

    TymeBank makes profit for the first Tyme

    January 16, 20241 Min Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email Telegram WhatsApp
    Follow Us
    Google News
    Patrice Motsepe
    Share
    Facebook Twitter LinkedIn Email Copy Link

    After five years, TymeBank has reported its first-ever profit, marking a significant milestone for the digital bank.

    1. The bank’s success has led to the attraction of affluent customers who value its innovation, transparency, and accessibility.
    2. TymeBank’s partnerships with Pick n Pay, Boxer, TFG, and the Zion Christian Church have played a vital role in its achievements.
    3. The bank plans to list on a major stock exchange within the next four to five years as its valuation approaches R20 billion.
    4. Shareholders continue to express confidence in TymeBank, evident through successful capital raises and ongoing support.
    5. TymeBank’s acquisition of Retail Capital has allowed it to enter the competitive business banking sector and provide lending to small- and medium-sized businesses.
    Follow on Google News
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link WhatsApp

    Related Posts

    Oando Expands Oil Output, Delivers ₦204B Profit

    July 12, 2026

    Exxaro’s 37% Road Cost Nightmare – Why Manganese Margins Are Under Threat

    July 9, 2026

    Transnet Blacklists Seven Companies

    July 9, 2026

    Edgars Bets Big on 50 New Stores

    July 9, 2026
    Top Posts

    Metropolitan Unveils Cover That Doesn’t Lapse When Payments Stop

    June 16, 20262,031

    Group Five’s Six-Year Business Rescue Ends — Creditors Paid in Full

    July 1, 20261,685

    Adnoc Buys Shell’s SA Fuel Business for R16bn

    July 7, 20261,163

    Capitec’s Le Roux Borrows R6.5bn against Shares

    July 8, 20261,136
    Don't Miss

    BMF President Rejects His Suspension as Invalid

    July 12, 2026 EXECUTIVES

    Mpho Motsei has rejected the validity of his suspension as president of the Black Management…

    MG Unveils Two Exciting Concept Cars

    July 12, 2026

    Week Ahead & Economics Weekly

    July 12, 2026

    Africa Tops Global iGaming Fraud Rankings

    July 12, 2026
    Stay In Touch
    • Twitter
    • LinkedIn
    • Facebook

    Business Explainer proudly displays the “FAIR” stamp of the Press Council of South Africa, indicating our commitment to adhere to the Code of Ethics for Print and online media which prescribes that our reportage is truthful, accurate and fair. Should you wish to lodge a complaint about our news coverage, please lodge a complaint on the Press Council’s website, www.presscouncil.org.za or email the complaint to khanyim@presscouncilsa.org.za Contact the Press Council on 011 4843612.

    Facebook X (Twitter) LinkedIn
    Categories
    • TRENDING
    • EXECUTIVES
    • COMPANIES
    • STARTUPS
    • GLOBAL
    • AGRICULTURE
    • DEALS
    • ECONOMY
    • MOTORING
    • TECHNOLOGY
    contact us
    • Get In Touch
    Facebook X (Twitter)
    • Privacy Policy
    © 2026 Business Explainer .

    Type above and press Enter to search. Press Esc to cancel.