Nequi vs TymeBank.
Nequi (N75/100) 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. Nequi leads TymeBank 4-1.
| N Nequi №20 · Full Colombian banking licence via Bancolombia parent 75 /100 | T TymeBank №73 · SARB 50 /100 | |
|---|---|---|
| Score | ||
| Composite score Out of 100 | 75 /100 | 50 /100 |
| Fees | ||
| Monthly fee Cheapest paid tier (€0 if free) | €0 Free tier | €0 Free tier |
| FX markup Debit card abroad | 3.00% | 2.00% |
| Free FX / month EUR equivalent | €0 | €0 |
| Free ATM Before fee kicks in | — | — |
| Protection | ||
| Banking licence Tier | Full bank | Payment inst. SARB |
| Deposit guarantee Per depositor | €50,000,000 CO.FOGAFIN | 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 | 4.5 ★ iOS 4.5 · And 4.4 | 4.3 ★ iOS 4.4 · And 4.3 |
| Read review → | Read review → | |
Pick Nequi if…
Bancolombia's digital banking arm — Colombia's largest neobank by user count (~17M). Operates under the Bancolombia full-bank licence; FOGAFIN cover applies. Mass-market reach + Bancolombia ATM network. The default Colombian neobank for COP-resident readers.
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 Nequi won 2 of 2
- Best for reach Tied
- Best for ux Nequi won 1 of 2
Nequi vs TymeBank — FAQ
Quick answers to the four questions the search-bar asks most about a head-to-head.
Is Nequi better than TymeBank?
Under our v3 methodology, Nequi leads TymeBank 4–1 across 12 dimensions. Composite scores: Nequi 75/100 vs TymeBank 50/100. Nequi is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.
Is Nequi or TymeBank cheaper?
Monthly fee — Nequi: €0; TymeBank: €0. Card FX markup — Nequi: 3.00%; 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, Nequi or TymeBank?
Nequi holds a Full bank licence under Full Colombian banking licence via Bancolombia parent (Superintendencia Financiera de Colombia regulated); FOGAFIN member, COP 50,000,000 cover per depositor. // TODO(verify).; deposit guarantee per depositor: €50,000,000. TymeBank holds a Payment inst. licence under SARB; deposit guarantee per depositor: Safeguarded. Nequi is the stronger pick on regulatory protection.
Where can I use Nequi and TymeBank?
Nequi 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.