When was TymeBank founded?

TymeBank was founded in 2012 and raised its 1st funding round 7 years after it was founded.

Where is TymeBank located?

TymeBank is headquartered in Johannesburg, South Africa.

How many employees does TymeBank have?

As of Jun 30, 2026, the latest employee count at TymeBank is 1207.

Is TymeBank a funded company?

TymeBank is a funded company, having raised a total of $13.3M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jun 10, 2019.

When was the latest funding round of TymeBank?

TymeBank's latest funding was a $***** Series A round on 2021, with participation from 1 investor. Its primary sector is Banking Tech. In South Africa, the Banking Tech sector has seen $11.9M in funding in 2026 to date.

Where does TymeBank rank among its competitors?

TymeBank ranks 40th amongst 2002 active competitors, of which 202 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Mercury, which secured $200M in May, 2026.

Who are the top competitors of TymeBank?

TymeBank's top competitors include Nubank, Revolut and Monzo. Among them, Mercury secured the most recent funding round in May, 2026.

TymeBank - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of the digital bank for individuals. It provides users with a platform where users can open an account online and get a debit card linked to the account. Users earn reward points on making payments via cards. It offers a savings tool GoalSave, that enables users to set up various savings goals.

Website: www.tymebank.co.za
Social
Phone Number: +27 **********
Part Of

Key Metrics

Founded Year

2012

Location

Johannesburg, South Africa

Stage

Acquired

Total Funding

$13.3M in 2 rounds

Latest Funding Round

Series A, 2021, $*****

Investors

Ethos Private Equity & 6 more

Ranked

40^th among 2002 active competitors

Employee Count

1,207 as on Jun 30, 2026

Investment & Acquisitions

Retail Capital

Similar Companies

Nubank & 706 more

Exit Details

Acquired by African Rainbow Capital (Nov 02, 2018)

View TymeBank's full profile

TymeBank got acquired by African Rainbow Capital on Nov 02, 2018.

Click here to take a look at TymeBank's acquisition in detail

TymeBank has raised a total funding of $13.3M over 2 rounds. Its first funding round was on Jun 10, 2019. Its latest funding round was a Series A round on 2021 for $*****. 1 investor participated in its latest round. TymeBank has 7 institutional investors.

Here is the list of recent funding rounds of TymeBank:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2021	6285	Series A	7626	6580	1218	9323
Jun 10, 2019	4106277	Series A	9203043	4940660	Ethos Private Equity	2669020

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View details of TymeBank's funding rounds and investors

TymeBank's employee count trend

TymeBank has 1,207 employees as of Jun 26. Here is TymeBank's employee count trend over the years:

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Top competitors of TymeBank include Nubank, Revolut and Monzo. Here is the list of Top 10 competitors of TymeBank, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Nubank 2013, Sao Paulo (Brazil), Public	Provider of digital banking services, including credit cards and accounts	$2.27B	DST Global, Sequoia Capital & 39 others	89/100
2nd	Revolut 2015, London (United Kingdom), Series E	Provider of banking solutions for retail customers and businesses	$1.99B	Balderton Capital, TCV & 148 others	86/100
3rd	Monzo 2015, United Kingdom, Series I	Provider of digital banking services including savings accounts and loans	$2.41B	Passion Capital, General Catalyst & 65 others	84/100
4th	Mercury 2017, San Francisco (United States), Series D	Provider of a comprehensive online platform offering a range of financial services	$546M	TCV, CRV & 77 others	83/100
5th	Chime 2012, San Francisco (United States), Public	Digital bank for individuals	$3.15B	DST Global, Dragoneer Investment Group & 56 others	83/100
6th	Qonto 2017, Paris (France), Series D	Provider of business account, payment cards, and financial management solutions	$717M	Alven, Valar Ventures & 26 others	82/100
7th	Starling Bank 2014, London (United Kingdom), Series D	Provider of digital banking services including savings and payment accounts	$1.01B	Merian Global Investors, Goldman Sachs & 35 others	82/100
8th	Ally 1919, Detroit (United States), Public	Provider of banking, auto finance, investing, and life insurance products	$1.3B	Omega Advisors, Cerberus Capital Management ... & 5 others	81/100
9th	Dave 2016, Los Angeles (United States), Public	Developer of a mobile banking application offering financial management tools	$63.6M	Norwest, Financial Solutions Lab & 18 others	81/100
10th	Brex 2017, San Francisco (United States), Acquired	Provider of financial software platform, cards, banking, expense, and accounting	$1.2B	Greenoaks, DST Global & 68 others	81/100
40th	TymeBank 2012, Johannesburg (South Africa), Acquired	Provider of the digital bank for individuals	$13.3M	Apis Partners, British International Investment ... & 5 others	70/100