Singapore's Tyme Group delivers the world's fastest profitable standalone digital bank; over $215m annualised revenue [Yahoo! Finance]
PICK N PAY STRS UNSP/ADR (PKPYY)
NASDAQ:AMEX Investor Relations:
picknpayinvestor.co.za
Company Research
Source: Yahoo! Finance
million in 2023, as its flagship South African operation TymeBank becomes the world's fastest profitable standalone digital bank. This puts TymeBank in the top 5 percent of digital banks globally, with a study by global consultancy Simon-Kucher finding that fewer than 5 percent of digital banks around the world are profitable. TymeBank also qualifies as one of the world's fastest-growing digital banks, as it secured 8.5 million customers since its launch in February 2019 and achieved 30 percent growth in its SME lending portfolio in 2023. In contrast, the majority of digital banks take far longer to become profitable. Tyme's Philippines operation GoTyme Bank , a joint venture with the Gokongwei Group, has also reached 2.3 million customers in just 14 months, beating even Tyme's South Africa operation, and made Tyme's successful merchant cash advance product available to the 1.1 million MSME businesses located in the Philippines The Philippines is expected to experience the h
Show less
Read more
Impact Snapshot
Event Time:
PKPYY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PKPYY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PKPYY alerts
High impacting PICK N PAY STRS UNSP/ADR news events
Weekly update
A roundup of the hottest topics