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TymeBank is a South African digital bank aimed at the lower income market. [1] [2] Headquartered in Rosebank, Johannesburg, TymeBank does not have any physical bank branches and relies on an Android banking App, and Internet Banking site and a partnership with two retail chains, Pick n Pay and Boxer, to host a national network of self-service kiosks that facilitate the account opening process.
It was founded in July 2001 by South African internet entrepreneur Christo Davel. Due to the length of time and complicated bureaucratic process of setting up a bank in South Africa the company entered into a partnership with existing South African bank Saambou to use their banking license. In the agreement Saambou obtained a 65% share in the ...
This is a list of commercial banks and other credit institutions in South Africa, as updated late 2024 by the Reserve Bank of South Africa. [1] [2]
Capitec Bank is a South African retail bank and financial services company. [2] As of February 2024 the bank was the largest retail bank in South Africa, based on number of customers, with 120,000 customers opening new accounts per month.
The Nedcor Group was renamed the Nedbank Group on 6 May 2005. In August 2009, Nedbank acquired the 49.9% of Imperial Bank South Africa that it did not own, so Imperial Bank South Africa is wholly owned by Nedbank. [7] In October 2014, Nedbank acquired a 20% stake in Ecobank, converting its $285 million claim in Ecobank into equity. [8] [9]
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WantItAll.co.za is an online shop based in Johannesburg, South Africa that sells over 14 million products. Founded in 2006 by Justin Drennan, Ryan Drennan and Terence Murphy, the company received venture capital and investment from entrepreneurs David Frankel (entrepreneur) and Ronnie Apteker. [1]
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