By Karl Gernetzky Customer deposits passed the R1bn mark in April and growth is ahead of expectations, the owner of the digital bank says TymeBank is on track to have 2-million clients by August, a mark previously expected only to be…
By Chris Gilmour Two of the most important assets in African Rainbow Capital’s (ARC’s) portfolio are internet service provider Rain and TymeBank, the financial services company that recently celebrated its millionth customer in less than a year. Both are…
By Lynley Donnelly African Rainbow Capital (ARC) Investments, the Patrice Motsepe-owned investment holding vehicle, is battling to convince the market of the value of its assets, its co-CEO Johan van der Merwe said on Thursday. Almost two years since it…
By Londiwe Buthelezi Growth beats expectations, say analysts as bank closes in on milestone TymeBank, owned by business person Patrice Motsepe's African Rainbow Capital, said on Friday it is on track to reach the half-a-million customer mile stone at end-June.…
By Warren Thompson and Londiwe Buthelezi Billionaire Patrice Motsepe’s investment holding company African Rainbow Capital (ARC) has a new mission — to take on the country’s largest insurance providers. ARC on Thursday launched a life insurance company in partnership with…
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We will never take direct payment or deposits from the public.
