TymeBank
TymeBank is a South African digital bank that combines a mobile app with retail-store kiosks for onboarding. It targets affordable transactional banking and is one of Africa’s best-known licensed digital banks.1
History
TymeBank launched commercially in 2018/2019 after incubating inside African banking groups, emphasising rapid kiosk account opening in supermarkets and a fee-light digital experience. It later expanded regionally under the Tyme Group umbrella.2
Leadership
TymeBank’s public story centres on banking executives and shareholders who built a hybrid digital-plus-kiosk model for South Africa’s mass market, rather than a single celebrity founder narrative.
Licence
TymeBank holds a South African banking licence and takes deposits. The kiosk network is distribution, not a full branch franchise—still qualifying as a digital/challenger model.
Products
Products include transactional accounts, debit cards, savings goals, personal loans and smartphone banking with in-person onboarding via retail partners.
References
- TymeBank is a licensed South African digital bank with kiosk onboarding. https://www.tymebank.co.za/
- Tyme Group has expanded the Tyme digital-bank model beyond South Africa. https://www.tyme.com/
Frequently asked questions
- What is TymeBank?
- TymeBank is a South African digital bank known for kiosk-assisted onboarding and low-fee mobile banking.
- Where is TymeBank headquartered?
- TymeBank is headquartered in South Africa.
- What type of company is TymeBank?
- TymeBank is described as Licensed digital bank in its neobank.wiki profile.
See also
- Airwallex — Airwallex is an Australian-founded business fintech for global accounts, payments and spend management.
- Alex Johnson — Alex Johnson is the founder of Fintech Takes, a widely read fintech newsletter and podcast; he is active on X as @AlexH_Johnson.
- Alexandre Prot — Alexandre Prot is co-founder and CEO of Qonto, the Paris-based European business neobank.
- Ali Niknam — Ali Niknam is founder and CEO of Bunq, the Amsterdam-based licensed Dutch neobank.
- Ally Bank — Ally Bank is a large U.S. online bank offering deposits, loans and investment products without branches.