TymeBank posted its first-ever month of profit in December 2023 since its launch in 2018, positioning it as one of the fastest-growing digital banks globally. With R8.5 million customers and steady monthly growth, TymeBank attributes its success to customer-centric transparency; accessibility and strategic partnerships with major retailers and organizations including Pick n Pay, Boxer, The Foschini Group and the Zion Christian Church. The bank’s CEO, Coenraad Jonker, expressed confidence in achieving the ambitious goal of becoming one of South Africa’s top three retail banks, challenging established players like Standard Bank, FNB, Absa, Nedbank and Capitec.
