Billionaire Patrice Motsepe's GoTyme Bank Eyes $15 Billion Listing
Hey Digital Banking Fanatic!
If you haven't heard of GoTyme Bank yet, you're about to.
Patrice Motsepe's digital lender, often called Africa's first profitable standalone digital bank, just crossed 21 million customers across South Africa and the Philippines.
CEO Cheslyn Jacobs dropped one big signal last week. GoTyme is eyeing a $15 billion stock market listing with a timeline of three to four years to get listing-ready.
What makes GoTyme worth your attention is the architecture behind it.
Backed by Motsepe's African Rainbow Capital Investments, China's Tencent, and Brazil's Nu Holdings, with a joint venture in the Philippines via the Gokongwei Group, this is a bank built for scale from day one.
Today's remaining Digital Banking headlines are just below. 👇 See you tomorrow!
Cheers,
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NEWS
🇿🇦 Billionaire Patrice Motsepe's GoTyme Bank eyes $15 billion listing as customer count surpasses 21 million. The bank continues to grow rapidly while expanding its digital banking offerings, including high-interest savings, low-cost payments, and fee-free international transactions.
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