Kuda vs TymeBank.
Kuda (K60/100) 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. Kuda leads TymeBank 6-1.
| K Kuda №50 · FCA 60 /100 | T TymeBank №73 · SARB 50 /100 | |
|---|---|---|
| Score | ||
| Composite score Out of 100 | 60 /100 | 50 /100 |
| Fees | ||
| Monthly fee Cheapest paid tier (€0 if free) | €0 Free tier | €0 Free tier |
| FX markup Debit card abroad | 5.00% | 2.00% |
| Free FX / month EUR equivalent | €0 | €0 |
| Free ATM Before fee kicks in | — | — |
| Protection | ||
| Banking licence Tier | E-money inst. FCA | Payment inst. SARB |
| Deposit guarantee Per depositor | Safeguarded NG.NDIC | Safeguarded ZA.CODI |
| Reach | ||
| Markets served Licensed jurisdictions | 2 countries | 1 country |
| Crypto Coins available | No | No |
| Stocks & ETFs Self-directed | Yes | No |
| UX | ||
| Trustpilot Customer score | 4.0 ★ 1k reviews | — |
| App store iOS + Android avg | 4.7 ★ iOS 4.7 · And 4.6 | 4.3 ★ iOS 4.4 · And 4.3 |
| Read review → | Read review → | |
Pick Kuda if…
Largest Nigerian neobank by user count (~7M+). CBN microfinance bank charter — NDIC-insured but with the smaller microfinance-class ceiling. UK presence as Kuda Technologies adds GBP exposure for Nigerian diaspora customers. Free transfer limit (25/mo) is generous for the Nigerian market.
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 TymeBank won 1 of 4
- Best for protection Kuda won 1 of 2
- Best for reach Kuda won 2 of 3
- Best for ux Kuda won 2 of 2
Kuda vs TymeBank — FAQ
Quick answers to the four questions the search-bar asks most about a head-to-head.
Is Kuda better than TymeBank?
Under our v3 methodology, Kuda leads TymeBank 6–1 across 12 dimensions. Composite scores: Kuda 60/100 vs TymeBank 50/100. Kuda is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.
Is Kuda or TymeBank cheaper?
Monthly fee — Kuda: €0; TymeBank: €0. Card FX markup — Kuda: 5.00%; TymeBank: 2.00%. TymeBank 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, Kuda or TymeBank?
Kuda holds a E-money inst. licence under FCA; deposit guarantee per depositor: Safeguarded. TymeBank holds a Payment inst. licence under SARB; deposit guarantee per depositor: Safeguarded. Kuda is the stronger pick on regulatory protection.
Where can I use Kuda and TymeBank?
Kuda operates in 2 countries; 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.