Let's get 'phygital': Motsepe's TymeBank hits 8m clients
TymeBank, which is backed by billionaire Patrice Motsepe, has reached the 8 million customer market less than five years since its launch in early 2019.
The milestone comes despite ongoing load shedding, which disrupts its digital-centric customer acquisition process, and persistent Home Affairs systems failures, which hobble its ability to securely verify customers’ identities during onboarding. "Our performance reinforces our position as one of the world’s fastest-growing digital banks and a credible alternative to the legacy banks for South Africans," TymeBank CEO Coen Jonker said in a statement. He added:South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism.
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