Features, Benefits and How it Works
TymeBank is a South African digital bank founded in 2015, aimed at providing accessible and affordable financial services to individuals and businesses. Headquartered in South Africa, TymeBank operates without physical branches, offering its services entirely through digital platforms.
Moreover, TymeBank’s core offerings include a fee-free, paperless account opening process that takes minutes, a savings account with competitive interest rates, and tools designed to help customers manage their money better. One of its standout features is the GoalSave account, which rewards customers with higher interest rates the longer they keep their money saved.
Likewise, the bank focuses on financial inclusion, targeting unbanked and underbanked populations in South Africa, and offers services with no monthly fees, making it easier for users from all income levels to access banking services. TymeBank partners with retailers such as Pick n Pay and Boxer, where customers can easily deposit or withdraw cash.
Overall, with millions of users already on board, TymeBank is positioning itself as a pioneer in the South African fintech space, aiming to bring modern, simple, and transparent banking to a wide audience.
Founded: 2015
Headquarters: Johannesburg, South Africa
Users: +9 million
Countries available: South Africa
Account plans: checking and savings accounts for personal users and businesses