TymeBank is now signing up over 200 000 customers a month | Business

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TymeBank booked a record 228 000 new clients in October, according to its majority shareholder, African Rainbow Capital, when the digital-only bank also saw a marked increase in average customer activity levels. | News24_Business

TymeBank signed up 228 000 new customers in October and 200 100 in November and it expects to reach six million customers before the end of this month.The bank expects to reach six million customers before the end of this month.For more stories, go to the TymeBank booked a record 228 000 new clients in October, according to its majority shareholder, African Rainbow Capital , when the digital-only bank also saw a marked increase in average customer activity levels.

Meanwhile, outside of SA, TymeBank's international arm, Tyme Global, has successfully launched its digital bank, GOtyme, in the Philippines with its partners, the Gokongwei family. The bank targeted to enter its first international market in October, and in preparation for that, it seconded the former CEO of TymeBank in SA, Tauriq Keraan, to go lay the foundations in the Philippines in June.

ARC said the company has made significant progress on both the mining and processing and produced approximately 30 000 tonnes of phosphate by the end of November. But it has yet to finalise an updated long-term mining plan.A deep dive into the big business story of the week, as well as expert analysis of markets and trends.Meanwhile, ARC has had to cough up millions of rands to fund the ongoing operational cash shortfall at Elandsfontein. It has drawn R247.

 

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_Business it’s a lie

_Business Almost all scammers use TymeBank. Maybe they should look at their KYC.

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