TymeBank
Africa’s first Black billionaire Patrice Motsepe’s bank targets $1-billion valuation
The bank is eyeing substantial funding of up to $100 million in a Series-D round.
TymeBank, backed by billionaire Patrice Motsepe, achieves first-ever profit milestone
Motsepe, the influential owner with a substantial stake in TymeBank, emphasized the bank’s appeal to a more affluent consumer market.
Africa’s first Black billionaire Patrice Motsepe makes $100 million in first two weeks of 2024
Despite a 10-percent plunge in the market value of Motsepe’s 40-percent stake in ARM, the surge in his net worth is linked to the revaluation of private investments.
Patrice Motsepe-linked bank targets $4.9 billion in unclaimed benefits in South Africa
Motsepe-backed TymeBank targets unclaimed benefits, fueling its drive to dominate South Africa’s financial landscape.
South African billionaire Patrice Motsepe’s TymeBank hits 8 million customers
Motsepe boasts a net worth of $2.2 billion, making him the richest Black billionaire in Southern Africa.
Africa’s first Black billionaire Patrice Motsepe gains $200 million in 19 days
Motsepe remains one of Africa’s wealthiest businessmen and retains the title of the richest Southern African Black billionaire.
South African billionaire Patrice Motsepe-linked TymeBank surpasses 7 million customers
TymeBank is a South African digital-only bank controlled by Africa’s first Black billionaire.
Billionaire Patrice Motsepe’s Tyme Bank sets ambitious plans for Vietnam expansion
TymeBank is partly owned by Motsepe’s African Rainbow Capital Financial Services Holding.
Tymebank breaks new ground with 6.2 million customers thanks to Patrice Motsepe’s ARC support
TymeBank is owned in part by ARC Financial Services Holding, a Black-owned and -controlled company linked to Motsepe.
Patrice Motsepe-backed TymeBank targets 28 million customers via partnership with TFG
TymeBank is partly owned by Motsepe’s African Rainbow Capital (ARC) Financial Services Holding.
Patrice Motsepe-linked TymeBank finalizes $86.8-million acquisition of Retail Capital
ARC Financial Services Holding, a company founded by Motsepe, owns a stake in TymeBank.
Patrice Motsepe’s TymeBank partners with The Foschini Group, eyes 26 million South African customers
The partnership is part of the bank’s strategy to collaborate with retailers.
Patrice Motsepe-linked TymeBank launches new subsidiary in Philippines
The move comes after the bank received a digital banking license from the Philippines Central Bank.
Patrice Motsepe’s TymeBank signs up 3-millionth customer
Billionaire mining tycoon Patrice Motsepe has shown the diversity of his business savvy with TymeBank.