TymeBank tracking behind growth projections : vimarsana.com

TymeBank tracking behind growth projections


TymeBank tracking behind growth projections
By Sandile Mchunu
Share
DURBAN - TYMEBANK said on Tuesday that it was tracking slightly behind its projections to attract clients, largely due to the national lockdown and sustained financial pressure on consumers even though it managed to grow its customer base to 2.5 million by the end of November.
The digital bank, in which African Rainbow Capital Investments ( ARC Investments) owns a majority stake of 35.18 percent as at the end of June, has shown tremendous growth after its official launch in February last year.
The bank has approximately 1.5 million active clients.
TymeBank reached the 1 million clients mark between February and November last year.

Related Keywords

South Africa , Durban , Kwazulu Natal , Kropz Elandsfontein , Willem Roos , Alexander Forbes , Brandon Leigh , Bloomberg , Kropz Plc , Rand Mutual Holdings , African Rainbow Capital Investments , Fledge Capital , Rand Mutual , டர்பன் , க்வஸூல்யூ நேட்டல் , வில்லெம் ரூஸ் , அலெக்சாண்டர் ஃபோர்ப்ஸ் , பிராண்டன் லே , ப்ளூம்பெர்க் , ரேண்ட் பரஸ்பர ஹோல்டிங்ஸ் , ரேண்ட் பரஸ்பர ,

© 2025 Vimarsana