Big changes for TymeBank and one of South Africa's the biggest retailers
South African digital bank TymeBank has partnered with The Foschini Group to offer customers three new financial products for shopping and banking.
TFG is the largest retail clothing group in South Africa, with over 30 brands and roughly 28 million loyalty members. Coen Jonker, the CEO of TymeBank said that the new partnership between the bank and retailer is unique, opening both companies to the opportunity to expand and diversify their customer profile.
Since its launch in 2019, TymeBank has acquired 6.1 million customers marking it as one of the fastest-growing digital banks in South Africa. The partnership between the two companies brings with it a new ‘Buy Now Pay Later’ solution called MoreTyme; the product aims to offer more purchasing power to South Africans while encouraging financial inclusion.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Africa: Power Cuts in South Africa Are Playing Havoc With the Country's Water SystemAnalysis - South Africans had to deal with the worst ever series of power cuts in 2022. All in all the country lost a record 205 days of electricity due to constant breakdowns at the coal-fired power plants run by Eskom, the state-owned electricity utility. The plants are old and have not been sufficiently maintained.
Read more »
South Africa: Non-Racial South Africa - Book Shows Debate On Nation Building Is Still Relevant TodayAnalysis - There has been much comment recently on the lack of representation of minorities in the leadership structures of South Africa's governing party, the African National Congress (ANC).
Read more »
Contract Law and the ConstitutionHow the Constitution of South Africa impacts contracts between private people/companies in South Africa.
Read more »
Big changes for prepaid electricity in South AfricaMetros will be upgrading smart meter software this year among other big changes.
Read more »
Africa: South Africa, Russia Deepen Military TiesForeign Minister Sergey Lavrov was in Pretoria on Monday for talks with one of Moscow's most important allies in Africa. The visit comes as South Africa prepares for joint naval drills with Russia and China next month.
Read more »
South Africa: Yellen Has Tough Act to Follow as Russia, China Woo AfricaJust before US Treasury Secretary Janet Yellen will visit South Africa as part of a renewed focus on the continent, she got a stark example of the challenges Washington faces in countering influence by its main global rivals Russia and China.
Read more »