The prominent South African digital-first banking platform and fintech intends to rebrand itself in the first half of 2026.
Browsing: Coen Jonker
TymeBank customers will soon be able to apply for their IDs and passports in the banking app or via its in-store kiosks.
TymeBank is in discussions with home affairs after the parties’ public spat over the hike in ID verification fees.
Some industry players believe the higher access fees to query the home affairs database will cause more harm than good.
TymeBank is considering legal action to stop home affairs from implementing huge increases in the fees companies must pay to verify their clients’ identities.
Capitec has voiced its support for home affairs minister Leon Schreiber after TymeBank slammed a big jump in fees for client verification.
TymeBank co-founder Coen Jonker has slammed home affairs’ ID verification fee hike, warning it threatens financial inclusion and digital progress.
Tyme Group, controlled by billionaire Patrice Motsepe, has raised $250-million in a new funding round.
Tyme Group could raise as much as $100-million in funding this year, propelling it into unicorn status.
TymeBank, in which African Rainbow Capital is majority shareholder, has “onboarded” its eight millionth client.