News Formal

TymeBank completes R1.5-billion Retail Capital acquisition

  • 📰 mybroadband
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 67%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

TymeBank has announced the conclusion of its deal to acquire fintech company Retail Capital.

TymeBank has announced that its acquisition of fintech company Retail Capital is complete, and work is underway to integrate the organisation.

Retail Capital’s CEO Karl Westvig will join Tyme Group’s executive committee and be responsible for TymeBank’s business banking and lending offerings. “We want to maintain commercial momentum so we will focus on making the integration as seamless as possible, while meeting all the regulatory and reporting requirements of a single business.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

TymeBank eyes 6 million customers as it makes big push into business bankingTymeBank has completed its acquisition of Retail Capital.
Source: BusinessTechSA - 🏆 24. / 61 Read more »