Johannesburg, South Africa
GoTyme Bank, a pioneering entity in the realm of digital banking, showcases a steadfast commitment to core principles of simplicity, transparency, and affordability. Founded in 2012, the bank stands proudly as the first majority black-owned retail bank in South Africa, backed significantly by African Rainbow Capital.
With an unwavering dedication to financial inclusion, GoTyme Bank emphasizes accessibility and affordability for all South Africans. Its strategic focus on empowering individuals and communities underpins the design of its banking products, aiming to foster economic participation and growth.
In its latest financial stride, the bank secured a substantial $77.80M Series C investment in May 2023. This funding round witnessed participation from key investors including Apis Partners, British International Investment, and Tencent. Such robust backing underscores the confidence in the bank’s vision and potential growth trajectory within the broader Financial Services and Banking sectors.
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