TymeBank is a digital banking platform which provides accessible and affordable banking services, including mobile banking, savings and loans. 

TymeBank is focused on bridging the digital divide in emerging  markets, by integrating into physical retail ecosystems.

TymeBank, a member of the Tyme Group of companies in Singapore, was founded in 2012. The company is headquartered in Johannesburg, Gauteng, SA.



TymeBank’s hybrid model of digital banking and physical service has made banking accessible to South Africans across the economic spectrum. The bank has established partnerships with national retailers Pick n Pay and Boxer, fashion retailer TFG (The Foschini Group), as well as the largest church in South Africa, the Zion Christian Church. 


TymeBank has a total of 1,450 kiosks (including 600 at TFG stores) and 15,000 retail points in retail stores across the country. In 2022 the company acquired award-winning fintech Retail Capital, which has already provided more than 43 000 business owners in South Africa with over R5.5B in working capital.


TymeBank now serves over 7M customers since its launch in February 2019 – with a current acquisition rate of 200,000 customers per month and a 70% 30-day account activity rate. 


TymeBank is backed by Tencent, African Rainbow Capital (ARC), CDC Group, Norrsken22, Apis Partners, JG Summit, Blue Earth Capital, Ethos Private Equity, British International Investment (BII), African Fig Tree (AFT), and others. The company raised $77.8M in a pre-Series C round on May 23, 2023. This brings TymeBank's total funding to $316.8M to date.



  • Year founded: 2012
  • Funding Info: $316.8M over 5 Rounds (Latest Funding Type: pre- Series C)
  • Yearly Revenue: $100M (FY- 2022)
  • Employee Size: 501-1,000
  • Business Valuation: NA
  • City/Town: Johannesburg
  • State: Gauteng
  • Country: South Africa
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