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TymeBank is an exclusively digital retail bank based in South Africa.
TymeBank is the first bank in South Africa to put its core-banking platform in the cloud.
85% of TymeBank's systems are AWS cloud applications that provide system scalability, uniform security and cost efficiencies.
TymeBank's use of technology and the strategic relationship with Pick n Pay and Boxer stores eliminates the need for physical branches.
The reduced operating costs and the national presence of the retail stores removes the barriers that have traditionally prevented an estimated 11 million unbanked South Africans from accessing banking services.
Headquartered in Rosebank, Johannesburg, TymeBank does not have any physical bank branches and relies on an Android banking App, an 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.
