Billionaire Motsepe-Backed Bank Makes All Employees Shareholders

Patrice Motsepe

Photographer: Leon Sadiki/Bloomberg

GoTyme Bank Ltd. has invited all its employees to share ownership in the digital lender controlled by South African billionaire Patrice Motsepe as it seeks to scale up operations.

Africa’s first profitable standalone digital bank this week extended the offer to its 2,000-strong global employee base across all levels of the company and started sessions to educate staff about the new incentive and its potential benefits.