'We want to eat their lunch.' TymeBank buys Retail Capital, expands to business lending | Fin24 - News24

8/3/2022 12:00:00 AM2 years 9 months ago
by Londiwe Buthelezi
by Londiwe Buthelezi
TymeBank has agreed to acquire 100% of SME lender, Retail Capital which has 43 000 credit customers, adding to its own business banking customer base of 100 000 entrepreneurs.
Patrice Motsepe-linked TymeBank wants to buy small business lender Retail Capital to turbo-charge its venture into business banking. The bank plans to acquire 100% of Retail Capital, which will beco… [+458 chars]
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