TymeBank gets $9.5M investment amid 59% deposit growth and improved merchant credit

TymeBank, a South African digital bank, has secured R169 million (about $9.5 million) from African Rainbow Capital (ARC). This comes as its deposits increase by 59% to R6.5 billion ($368.93 million) and merchant credit advances climb to R1.8 billion ($102.17 million).

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