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Testing the TymeBank promise

A new player has entered the fray and brings with it the promise of low-cost, no fuss banking.

When TymeBank came out with a soft launch in November last year, it made the promise to customers of being able to open a bank account in five minutes. Now that the bank has officially launched to the public, the Classic Business Breakfast with Moneyweb team put this promise to the test. Host Nastassia Arendse  managed to open a TymeBank account in just over three minutes (3:27 minutes to be exact). 

TymeBank CEO, Sandile Shabalala, talks to Classic Business Breakfast with Moneyweb about the bank’s launch and future plans. 

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Poorly conducted interview!
The opening question should be about TymeBank’s offering.. what are they offering that constitutes their competitive advantage? Who is their target market? How do they compare against Capitec and FNB? Where are their outlets?
Disappointing!

End of comments.

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