Helping business flow – Coen Jonker discusses TymeBank’s growth in business banking

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Coen Jonker is the CEO of TymeBank, a position he took over in early July 2022.

He has extensive experience in areas such as retail banking, fintech and deal making – both in South Africa and in several Asian markets.

Jonker is focused on supporting TymeBank’s impressive growth trajectory by recruiting several new senior employees and leading selected strategic acquisitions.

In this episode of Helping business flow, sponsored by Sage, Jonker discusses the state of the digital banking industry in 2022.

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He explains how TymeBank has evolved with the digital banking industry to remain South Africa’s fastest growing digital bank.

Jonker emphasizes that TymeBank’s proposed acquisition of Retail Capital will enable the company to build scalable digital business solutions that address the needs of underserved, underserved and undercapitalized small and micro-enterprises.

This is thanks to the impressive operational financing model that Retail Capital has developed over the years, and Jonker explains how this model is synergistic with TymeBank.

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Jonker then explores the various products and services TymeBank has just launched, including:

  • TymePOS – A mobile point-of-sale app that turns an NFC-enabled smartphone into a tap-and-go payment device.
  • TymeTrybe – A financial community platform with a comprehensive range of business tools, accredited courses, educational services and networking opportunities.

He concludes by explaining that all of TymeBank’s services are available online and via apps, and that in addition to its existing presence in Boxer stores, the digital bank is also rolling out kiosks in The Foschini Group stores.

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This means there are multiple ways to learn about TymeBank’s exciting array of offerings.

The full interview with Tyme Bank CEO Coen Jonker can be viewed below.

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