TechCentral spoke with TymeBank CEO Karl Westvig about Tyme Group’s latest investment round, TymeBank’s ambitious growth plans in South Africa, and more.
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Tyme Group, controlled by billionaire Patrice Motsepe, has raised $250-million in a new funding round.
Digital bank TymeBank will have a new CEO from October. Karl Westvig will take the reins from Coenraad Jonker.
Tyme Group is considering entering Vietnam as early as next year in an ambitious expansion plan.
TymeBank on Wednesday announced that it is acquiring Retail Capital, a fintech company that offers finance to SMEs.