Retail Capital is now a proud division of TymeBank

“If you want to go fast, go alone. If you want to go far, go together.”

Introducing our new logo

Retail Capital is now a division of TymeBank and we have every reason to pause, reflect and celebrate.

It’s not the first time in the past decade that Retail Capital has adjusted course and it will most likely not be the last. This change however, is probably the most significant change since the idea to bring a Merchant Cash Advance product to South Africa was discussed amongst friends and fellow investors 11 years ago. When change is executed successfully, it is often done off a stable foundation, just like the one our leadership team has built over the past few years.

The current Retail Capital Leadership team has created a business exemplified by quality, value, excellence and high performance. This business, our practices and ideals are our true north. This same Leadership team will continue to uphold this standard of exceptional service that the brand has become synonymous with, and the market has come to expect. In TymeBank – we have found a kindred spirit we can partner with to shape and scale our funding offering to deliver new, innovative, embedded solutions to the market.

TymeBank finalises acquisition of leading fintech SME funder, Retail Capital.

Retail Capital to become new division housing TymeBank’s business banking offering. TymeBank, South Africa’s fastest growing digital bank with nearly 6 million customers, is pleased to announce that its acquisition of Retail Capital is now complete after it was granted all the necessary regulatory approvals.

The bank has acquired 100% of Retail Capital, an award-winning fintech company that provides funding to small and medium-sized businesses, in a deal worth R1.5 billion.

From the desk of Miguel da Silva
MD at Retail Capital

About Retail Capital

Since its inception in 2011, Retail Capital has developed a robust risk decisioning process for small business funding products, launched a successful set of fintech partnerships, and developed the underlying technology for embedded funding solutions. They have also built an experienced executive and operational team and are currently profitable and capital generative.

Retail Capital has a high-touch relationship model as well as a low-touch POS-based embedded funding solution. Over the past decade, Retail Capital has funded more than 50 000 business owners with over R7bn to date.

About TymeBank

TymeBank is currently one of the world’s fastest-growing digital banks, with more than 5.9 million customers since launching in February 2019. The bank is founded on simplicity, transparency and affordability and is designed to make digital banking accessible and affordable to all South Africans across the economic spectrum.

Through a distribution partnership with Pick n Pay and Boxer, and more recently TFG, TymeBank has kiosks at retail stores which customers can use open a FICA compliant bank account in under five minutes. 600 TymeBank kiosks have been installed at TFG stores across the country.

Here's Our New Look.


Here you go download the official TymeBank press release, and find our updating Trading details.

Corporate Identity Assets

Download our new logo.

Frequently Asked Questions
  • Do you fund startups?

    We fund business that have been operating for at least six months and meet our turnover criteria

  • What is unsecured funding?

    Unlike typical loans, Retail Capital provides low-risk funding and we do not require collateral or security. Payment options are flexible and can be fixed, or match the cash flow cycles of your business. We will transfer a cash lump sum into your business’ bank account / nominated bank account in exchange for a percentage of your future turnover which will be paid to Retail Capital until the outstanding balance is settled.

  • What are the advantages of unsecured funding?

    As there is no security or collateral required, your assets are not tied up in funding your business. This also means that the application process is quick and easy. Your business can receive funds within 48 hours of submitting a complete application. Unsecured funding gives you peace of mind that your bad month will not result in the loss of any assets, so you can focus on running your business.

  • What is a cash advance?

    Retail Capital will give you a cash advance that you will pay back over a period that suits you. Payments are simply a small percentage of your turnover. Payment options are flexible and can be fixed or match the cash flow cycles of your business.

  • How can I use the funding?

    The use of funds is entirely unrestricted. No one knows your business better than you. That is why you have complete power over how you use the funds.

  • How much funding do I qualify for?

    To assess how much funding you qualify for, you just need to apply for an obligation-free quote now.

  • How do payments work?

    Simply choose a payment plan that suits your business needs! Our funding solutions are tailored to each client. Payments can either be a fixed amount or an agreed percentage of your turnover. These can be paid daily, weekly, or monthly until the total is collected. As our payment solutions are designed around your business operations, you don’t need to worry about missing payment deadlines.

  • Who qualifies for funding?

    Businesses that have a minimum business ownership of 6 months, minimum 3 months trading history and a turnover higher than R50k pm

  • Does my credit score matter?

    Your credit score is an important part of our application process along with other criteria such as ownership, history and turnover.

  • How do I apply for funding?

    Simply click Apply in the top right corner to begin the application process. We’re here to serve you! If you would like help from a customer services agent, just call 0861 17 17 17.

  • How long does a funding application take?

    Our online applications are simple and only take 2 minutes.

  • When will I have access to the funds?

    If approved, the funds will be accessible within 48 hours. Your bank may delay the funding process dependent on their payment approval times. The sooner you apply, the sooner you will have access to the funds your business needs.

  • Can I pay back the advance early?

    Yes, you can pay your advance in full at any time. If you do choose to settle early certain early settlement discounts may apply and there are no early settlement fees.

  • How does your product differ from a bank loan?

    1. Traditional bank loans require security in the way of assets to secure funding. Our funding model is structured to assess your turnover and does not require security for funding.
    2. Traditional bank loans charge interest. Our funding model is not an interest-based product. We charge a once off, set fee (cost) based on the funding amount, selected repayment period and business profile.
    3. Traditional banks take a fixed amount on bank loans as payment regardless of your business performance and turnover. Our payment process is linked to the performance of your business. You have the flexibility to decide if you want to pay a variable or fixed % linked to your fluctuating turnover.