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

SPONSORED | Healthcare access at R400 a month for all South Africans 

Access to affordable healthcare is the focus in this edition of the Business Day Spotlight podcast. Host Mudiwa Gavaza is joined by Thoneshan Naidoo, CEO of the Healthcare Funder Association (HFA). Naidoo highlights the structural challenges of South Africa’s two-tier healthcare system, rising costs in private healthcare, pragmatic alternatives to…
11 Sep 34 min

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 2025 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 2025 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 2025 41 min