TymeBank set to hit two-million-customer milestone ahead of schedule

Fully-digital retail finance house TymeBank is poised to achieve its two-million-customer milestone three months ahead of schedule, African Rainbow Capital (ARC), its majority shareholder, stated on Friday. Following its official launch in February last year, TymeBank acquired one-million customers by November of that year and 1.8-million customers by the end of May this year, well ahead of schedule, ARC reported in a first-quarter update, with additional commentary on developments to May 30.