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Titan Trust Bank Limited is a Nigerian commercial bank that is licensed by the Central Bank of Nigeria, the national banking regulator. [1] The bank provide financial services to micro, small and medium scale enterprises. [ 2 ]
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Titan was founded by Bhavin Turakhia, founder of Flock, CodeChef and Zeta, in 2018 to provide a suite of professional email services for small and medium businesses. [ 1 ] [ 2 ] In August 2021, Titan received Series A funding from Automattic valuing the startup at $300 million.
Mercantile Bank Limited is a South African commercial bank, founded in 1965. [3] It was previously called Bank of Lisbon International. [3] The bank is headquartered in Sandton, South Africa, [1] and provides products and services in retail banking, corporate finance, asset management, equity brokerage and security.
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The effect of the flat-rate service fee of R50 per month on different size loans in terms of South African law, shown as a percentage of the loan amount. The smaller the loan, the more expensive will be the service fee relative to the loan. Maximum limits and probable market costs. The prescribed interest rates and fees are maximum amounts only.