TymeBank eyes listing as valuation nears R20bn

Loading player...
TymeBank, SA’s first fully digital bank, may list on a major stock exchange in the next four to five years, as its valuation approaches R20bn, its co-founder and CEO Coen Jonker says.

Speaking to Business Day deputy editor Tiisetso Motsoeneng, Jonker said the bank, which launched in 2018 and has attracted more than 8-million customers, is now valued at about $965m (R17bn) after raising $105m in a funding round in recent months.

Business Day Spotlight is a TimesLIVE Production. This podcast is produced by Demi Buzo.
5 Dec 2023 English South Africa Business News · News

Other recent episodes

CCI's ambitions for growth in SA's competitive BPO market

SA’s effort to grow its place as a hub for business process outsourcing (BPO) for international businesses is the focus of this edition of Business Day Spotlight. Host Mudiwa Gavaza is joined by Mithum Singh, chief services officer at CCI South Africa. Topics of discussion include: CCI’s history and business…
19 May 39 min

Tackling water, energy and food security through tech in SA

Technology driven solutions for water, energy, and food security is the focus of this edition of Business Day Spotlight. Host Mudiwa Gavaza is joined by Deerosh Maharaj, executive head for energy, infrastructure and mining at Standard Bank SA’s business and commercial banking unit. Topics of discussion include: the nexus of…
16 May 42 min

Disruption in SA’s mover logistics industry

One company’s effort to change how people in SA move homes and furniture is the focus of this edition of Business Day Spotlight. Host Mudiwa Gavaza is joined by Chante Venter, founder and CEO of Wise Move. Topics of discussion include: Wise Move’s founding and business model; competition; size of…
14 May 41 min

Unpacking the commerce media trend

The use data and technology to increase return from advertising spend is the focus of this edition of Business Day Spotlight. Host Mudiwa Gavaza is joined by Gil Sperling, co-founder and co-CEO of Flow. Through the discussion, the economist highlights: trends in tech based advertising; evolution of digital marketing techniques;…
12 May 47 min

Improving economic picture for SA households on shaky ground

The improving economic picture for SA households is the focus of this edition of Business Day Spotlight. Host Mudiwa Gavaza is joined by Dr Roelof Botha, economic adviser to Optimum Investment Group. Through the discussion, the economist highlights: Afhri index components and research methodology; key findings from the index results;…
9 May 29 min