TymeBank has achieved a significant milestone by reaching seven million customers. The bank is adding approximately 200 000 new customers each month, with a 70% 30-day account activity rate. TymeBank has also secured new funding from international investors, Blue Earth Capital and Norrsken22, bringing the total raised by shareholders to $77.8 million. The funds will support the bank’s operations in South Africa, as well as its expansion into the Philippines and other parts of Southeast Asia. TymeBank aims to democratize financial services and is known for its low fees and strategic retail partnerships Pick n Pay, Boxer, The Foschini Group and the largest church in South Africa, the Zion Christian Church
