M-Shwari vs TymeBank.
M-Shwari (M52/100) and TymeBank (T50/100), scored on the same six pillars and compared row-by-row. Every cell is sourced from licence registers and live pricing pages, not opinion. M-Shwari leads TymeBank 3-0.
| M M-Shwari №69 · KDIC 52 /100 | T TymeBank №73 · SARB 50 /100 | |
|---|---|---|
| Score | ||
| Composite score Out of 100 | 52 /100 | 50 /100 |
| Fees | ||
| Monthly fee Cheapest paid tier (€0 if free) | €0 Free tier | €0 Free tier |
| FX markup Debit card abroad | Interbank | 2.00% |
| Free FX / month EUR equivalent | €0 | €0 |
| Free ATM Before fee kicks in | — | — |
| Protection | ||
| Banking licence Tier | Payment inst. KDIC | Payment inst. SARB |
| Deposit guarantee Per depositor | Safeguarded KE.KDIC | Safeguarded ZA.CODI |
| Reach | ||
| Markets served Licensed jurisdictions | 1 country | 1 country |
| Crypto Coins available | No | No |
| Stocks & ETFs Self-directed | No | No |
| UX | ||
| Trustpilot Customer score | — | — |
| App store iOS + Android avg | 4.4 ★ iOS 4.4 · And 4.4 | 4.3 ★ iOS 4.4 · And 4.3 |
| Read review → | Read review → | |
Pick M-Shwari if…
Kenya's largest mobile-banking product — Safaricom (M-Pesa) + NCBA Bank partnership. Sits inside the M-Pesa app; ~30M Kenyan users. NCBA Bank holds the underlying full bank licence (CBK-regulated); KDIC cover via parent.
Pick TymeBank if…
First South African full-bank digital launch (2018). Tyme Group's flagship product — the same operator behind GoTyme (PH). Pick n Pay + Boxer in-store card kiosks differentiate vs. all-app competitors. SARB-regulated full bank, CODI ZAR 100,000 cover. ~9M ZA customers.
- Best for fees M-Shwari won 1 of 4
- Best for protection Tied
- Best for reach Tied
- Best for ux M-Shwari won 1 of 2
M-Shwari vs TymeBank — FAQ
Quick answers to the four questions the search-bar asks most about a head-to-head.
Is M-Shwari better than TymeBank?
Under our v3 methodology, M-Shwari leads TymeBank 3–0 across 12 dimensions. Composite scores: M-Shwari 52/100 vs TymeBank 50/100. M-Shwari is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.
Is M-Shwari or TymeBank cheaper?
Monthly fee — M-Shwari: €0; TymeBank: €0. Card FX markup — M-Shwari: Interbank; TymeBank: 2.00%. M-Shwari wins more fee rows (1 of 4). See the Fees section of the matrix above for ATM caps and the rest.
Which is safer for deposits, M-Shwari or TymeBank?
M-Shwari holds a Payment inst. licence under KDIC; deposit guarantee per depositor: Safeguarded. TymeBank holds a Payment inst. licence under SARB; deposit guarantee per depositor: Safeguarded. Both score equally on regulatory protection rows.
Where can I use M-Shwari and TymeBank?
M-Shwari operates in 1 country; TymeBank operates in 1 country. Check each provider's signup page for the live country list — eligibility depends on residency, not just the licence footprint.
Want a 3- or 4-way comparison?
The dynamic compare picker handles up to four banks. Add this pair plus one or two more and we'll resolve every row.