" class="no-js "lang="en-US"> Tribe Fintech Launches with TymeBank in South Africa - Fintech Finance
Monday, January 30, 2023
Saltedge Report

Tribe Fintech Launches with TymeBank in South Africa

Tribe Fintech, a globally scalable fintech solution to advance underserved bank customers everywhere, has launched a ground-breaking business community platform by partnering with TymeBank , one of the fastest growing banks in Africa

Tribe Fintech’s mission is to provide underserved SMEs all over the world with simple business tools and networks to help them make better business decisions and improve their financial health. Their solution, a financial community platform for banks and fintechs, connects SMEs and business communities, and uses education, networks and tools to help SMEs scale their business. Tribe Fintech and Meta’s Africa Middle East and Turkey (AMET) Economic Impact Team have forged a game-changing partnership to provide SMEs with training on digital skills using Meta’s short-form, bite-sized and engaging content.

Launched in South Africa earlier this month, in partnership with TymeBank, Tribe Fintech has developed TymeTrybe, a ground-breaking SME financial community platform and SME owner’s one-stop-shop which enables TymeBank Business Banking customers to form part of a thriving and connected business community. This ever-expanding ecosystem of partners across the core pillars of business tools, business education and business networks will aim to help small business owners start and scale their businesses in the digital economy.

As the first market for this global solution, TymeTrybe will offer SMEs custom Meta Business Pathways to teach them how to start and grow their businesses online using Meta’s social media platforms and business suite. South Africa’s prestigious Wits Business School will also be offering free short-form business modules to help teach SME owners the basics of business, while SMEasy, will be offering SME-friendly cloud accounting solutions and are available 24/7 from any internet connected device.

Mo Harvey, CEO and Founder of Tribe, commented on the partnership: “Tribe Fintech is proud to power TymeTrybe in South Africa. We are an agile solution provider that has built a platform that lives and breathes the SME business owner’s experience – both as a provider, and as a customer.

It’s exciting to know that a visionary banking group like Tyme, along with our partners such as Meta, Wits and SMEasy, share our vision to take a more holistic look at the amazing people at the heart of our business communities. This is a momentous step in our journey to create community-oriented B2B banking for every size and type of SME around the world, and a model we aim to replicate across Africa and South East Asia.

As we build seed funding to meet the continued growth, we are continually on the lookout for innovative, digitally-led banks that want to offer their business customers something entirely new, with added value to both sides. It’s an exciting time, and we look forward to more partners joining our tribe!”

Nomonde Gongxeka-Seopa, Meta Head of Public Policy, Southern Africa: “At Meta we’re in the business of small business. More than 200 million businesses use our technologies every month to create virtual storefronts and reach customers. Millions have used our tools to help them make the transition online since the start of the pandemic. Whatever challenges and opportunities SMBs face in 2022 and beyond, we will continue to do all we can to help them find success online through our free tools and resources to equip them with skills to meet their personal, professional, and business objectives”.

Gongxeka- Seopa further adds, “We’re excited to be partnering with TymeBank to incorporate our training and resources into the TymeTrybe app, with the aim of reaching SMBs with essential training to digitize their businesses, and to support the post-pandemic economic recovery in South Africa.”

The TymeTrybe initiative aims to gather insights from the platform to help support and empower African small businesses, while offering more value-add services, business-focused content and digital business tools, being more than just a bank.

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