Latest news with #Tyme
GMA Network
06-07-2025
- Business
- GMA Network
GoTyme to hit 9M customers in 2025
Gokongwei-backed lender GoTyme Bank Corp., one of the six digital banks approved by the Bangko Sentral ng Pilipinas (BSP), is looking to hit 9 million customers this year, with the bank optimistic of reaching its goal of 10 million users ahead of its target. According to GoTyme co-chief executive officer (CEO) and chief commercial officer Albert Tinio, the bank continues to onboard an average of 250,000 users every month, and has hit 6.7 million users as of June 29, 2025, more than double the 3 million users as of April 2024. 'Definitely we will hit 10 million by next year, but this year, the target is about 9 (million),' he told GMA News Online during a chance interview in Taguig City. GoTyme CEO Nathaniel Clarke in 2022 said the bank targets to become the country's top bank in the next five years with 10 million users, building on the success of Tyme—its sister company—in Africa which onboarded 5.5 million customers in three years. Tinio noted the bank has continuously ramped up its onboarding, and has partnered with several retailers to be able to deploy more agents to enroll additional clients. Apart from Gokongwei establishments, GoTyme agents are also available in SM Department Stores. In the same interview, Tinio said GoTyme is 'getting there' in terms of its goal to hit profitability. The bank earlier said it targets to be profitable by 2025, but the focus remains on scaling up. 'We're growing much faster in terms of users, in terms of transactions, in terms of even revenue. If Tyme hit profitability in five years, we're projecting that we're going to hit profitability much faster than Tyme because all of our trends are faster than our sister company," he said in 2024. —RF, GMA Integrated News
South Wales Argus
03-07-2025
- Business
- South Wales Argus
Carl Cleghorn reaches National Chef of the Year semis
The Newport-based founder of Tyme by Carl Cleghorn, which delivers fine dining experiences to homes across the M4 corridor from west Wales to London, impressed judges with a standout menu that secured his place in the next round. Mr Cleghorn said: "I'm absolutely buzzing to be through to the semi-finals of National Chef of the Year 2025. "This year's brief just lit a fire in me straight away. It inspired a menu I really believe in, and to have it recognised by such a prestigious panel is honestly incredible. "It's a huge honour, and I'm ready to give it everything to earn my place in that final 10. Let's go." His semi-final menu, based on the theme 'classic meets contemporary', featured a lobster starter, a two-cut beef main, and a Grand Cru chocolate tart, all prepared within a three-hour time limit. Mr Cleghorn now joins 39 other chefs in the semi-finals, where he will be tasked with creating a summertime pre-dessert that showcases seasonal fruits or vegetables and tells a personal story through flavour and presentation. The semi-final judging will take place on July 16, with finalists announced on July 31. The National Chef of the Year competition is widely regarded as the UK and Ireland's most respected culinary contest, having helped launch the careers of chefs such as Gordon Ramsay and Simon Hulstone. Mr Cleghorn's experience includes earning three AA Rosettes, working in Relais & Châteaux properties, and leading Michelin-starred kitchens. In 2024, he launched Tyme to make restaurant-quality dining accessible in homes, rentals, and event spaces. Tyme describes its offering as "relaxed fine dining without the pretension," rooted in skill, service, and the belief that exceptional food should be accessible to all.
eNCA
30-06-2025
- Business
- eNCA
Tyme joins Time's most influential companies
JOHANNESBURG - South African digital banking pioneer, Tyme, has been named one of Time Magazine's 100 Most Influential Companies for 2025. TymeBank joins the ranks of global giants and past honourees such as Apple, Nubank, OpenAI, and TikTok.
Business Insider
27-06-2025
- Business
- Business Insider
See the 3 African unicorns that made TIME's 100 Most Influential Companies, list
Three African tech powerhouses, Nigeria's Moniepoint and Flutterwave, and South Africa's digital bank Tyme, have been chosen for TIME magazine's 2025 list of the 100 Most Influential Companies, a watershed moment for the continent's rapidly expanding fintech industry. Nigeria's Moniepoint and Flutterwave, alongside South Africa's Tyme, appeared in TIME magazine's 2025 list of the 100 Most Influential Companies. Moniepoint was recognized for aiding Nigeria's informal businesses in accessing formal economic tools, enhancing financial inclusion. Flutterwave's innovations facilitate cross-border digital payments and expand economic connectivity effectively in Africa. TIME's prestigious annual list, now in its fifth year, recognizes 100 firms across the world that are making outstanding contributions to their sectors. Moniepoint Inc Nigeria's Moniepoint Inc. was listed in the Leaders category with Hyundai, GoFundMe, and LinkedIn. With 90% of Nigeria's 40 million small and medium-sized firms still functioning in the informal sector, Moniepoint has played an important role in assisting these businesses to shift to legal structures. The company provides comprehensive banking solutions that enable informal enterprises to transition away from cash transactions, obtain loans, and grow sustainably. 'For us, 'financial inclusion' isn't just a buzzword, it's the difference between survival and growth,' says CEO and cofounder Tosin Eniolorunda Moniepoint secured its reputation as one of Africa's most valuable fintechs in October 2024, receiving $110 million in equity funding and driving it into unicorn territory. Flutterwave Flutterwave, another Nigerian financial success story, was recognized in the Titans category with global behemoths like Meta, Amazon, and OpenAI. The company has transformed digital payments in Africa, providing vital infrastructure for businesses to send and receive money easily across borders. In 2024, the Nigerian firm, currently valued at $3 billion, extended its money transfer services to all U.S. states except Texas through its Send App, which, according to the business, completes almost all (98%) transactions in three minutes. Digital payment solutions for businesses in Saudi Arabia and Turkey were also introduced by Flutterwave. 'I wish it was boring, we're here for the long game,' Agboola, the company's CEO, stated. Tyme Tyme, a company that operates in South Africa, joined the Pioneers category among innovators such as SpaceX and Equinor. Tyme became one of Africa's newest unicorns in December 2024, when it raised $250 million in a Series D fundraising round. Meeting underbanked people where they are has been the driving force behind Tyme Group's unique multi-country development trajectory. The Singapore-based digital bank now serves around 17.5 million retail customers in South Africa and the Philippines.
Business Insider
27-06-2025
- Business
- Business Insider
See the 3 African unicorns that made TIME's 100 Most Influential Comapnies, list
Three African tech powerhouses, Nigeria's Moniepoint and Flutterwave, and South Africa's digital bank Tyme, have been chosen for TIME magazine's 2025 list of the 100 Most Influential Companies, a watershed moment for the continent's rapidly expanding fintech industry. Nigeria's Moniepoint and Flutterwave, alongside South Africa's Tyme, appeared in TIME magazine's 2025 list of the 100 Most Influential Companies. Moniepoint was recognized for aiding Nigeria's informal businesses in accessing formal economic tools, enhancing financial inclusion. Flutterwave's innovations facilitate cross-border digital payments and expand economic connectivity effectively in Africa. TIME's prestigious annual list, now in its fifth year, recognizes 100 firms across the world that are making outstanding contributions to their sectors. Moniepoint Inc Nigeria's Moniepoint Inc. was listed in the Leaders category with Hyundai, GoFundMe, and LinkedIn. With 90% of Nigeria's 40 million small and medium-sized firms still functioning in the informal sector, Moniepoint has played an important role in assisting these businesses to shift to legal structures. The company provides comprehensive banking solutions that enable informal enterprises to transition away from cash transactions, obtain loans, and grow sustainably. 'For us, 'financial inclusion' isn't just a buzzword, it's the difference between survival and growth,' says CEO and cofounder Tosin Eniolorunda Moniepoint secured its reputation as one of Africa's most valuable fintechs in October 2024, receiving $110 million in equity funding and driving it into unicorn territory. Flutterwave Flutterwave, another Nigerian financial success story, was recognized in the Titans category with global behemoths like Meta, Amazon, and OpenAI. The company has transformed digital payments in Africa, providing vital infrastructure for businesses to send and receive money easily across borders. In 2024, the Nigerian firm, currently valued at $3 billion, extended its money transfer services to all U.S. states except Texas through its Send App, which, according to the business, completes almost all (98%) transactions in three minutes. Digital payment solutions for businesses in Saudi Arabia and Turkey were also introduced by Flutterwave. 'I wish it was boring, we're here for the long game,' Agboola, the company's CEO, stated. Tyme Tyme, a company that operates in South Africa, joined the Pioneers category among innovators such as SpaceX and Equinor. Tyme became one of Africa's newest unicorns in December 2024, when it raised $250 million in a Series D fundraising round. Meeting underbanked people where they are has been the driving force behind Tyme Group's unique multi-country development trajectory. The Singapore-based digital bank now serves around 17.5 million retail customers in South Africa and the Philippines. 'You can walk into a grocery store in South Africa and open a bank account with us in under three minutes,' says Chief Growth Officer Rachel Freeman.
