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    Home » TymeBank makes profit for the first Tyme
    COMPANIES

    TymeBank makes profit for the first Tyme

    January 16, 2024
    Patrice Motsepe

    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.

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