Who are we?
What do we do, and why do we do it?
TurnStay is a financial technology startup focused on reducing the cost of getting paid and accepting bookings in the travel sector.Our mission is to leverage innovations in payment technologies to drastically reduce card processing costs and empower hotels to direct more traffic through their websites.Why this mission?
What are we trying to achieve?
Every year, the Travel industry spends over 120 billion dollars on payments and booking fees. On average, merchants lose around 13% of all their income to intermediaries and payment companies.Emerging technologies have made it possible to solve this problem; TurnStay is here to utilise these new technologies to help the travel industry thrive.Why work at TurnStay
Why is TurnStay an Awesome place to work?
TurnStay is an innovative, fast-growing company transforming global travel.We foster a collaborative, mission-driven culture.Team members enjoy strong opportunities for learning and personal growth.The Role
Overview of the role
This is a full-time Hybrid role for a Head of Business Development, located in the City of Cape Town.The Head of Business Development will be responsible for finding and onboarding new customers in the African Travel sector.The role is ideally suited to someone with an existing network in the travel Industry, ideally with experience in travel technology (payments, OTA, booking engines, etc)Key Responsibilities
What are some of the key responsibilities involved in fulfilling this role?
Strategic Growth PlanningDefine and execute the company’s business development strategy aligned with TurnStay’s mission of reducing payment costs for travel merchants.Identify and prioritise high-value market opportunities in Africa and globally.Partnership DevelopmentBuild and maintain relationships with large travel merchants, OTAs, booking platforms, and payment partners.Negotiate commercial agreements, joint ventures, and strategic alliances to expand TurnStay’s reach.Client Acquisition & RetentionLead the end-to-end sales cycle for high-value clients, from prospecting to contract signing.Develop tailored proposals and value propositions to secure new business.Ensure client satisfaction and long-term retention through regular engagement and performance reviews.Market & Competitive IntelligenceMonitor market trends, payment technology developments, and competitor activities.Provide actionable insights to guide product development and pricing strategy.Revenue & Performance ManagementSet revenue targets, track performance, and deliver regular progress reports to leadership.Collaborate with finance to model deal profitability and ensure sustainable growth.Cross-Functional CollaborationWork closely with the product team to ensure client and partner needs are addressed in the product roadmap.Coordinate with marketing on go-to-market campaigns and thought leadership initiatives.Regulatory & Compliance AlignmentSupport efforts to secure and maintain necessary licenses in different jurisdictions.Ensure that all partnerships comply with relevant payment and financial regulations.Representation & Brand BuildingRepresent TurnStay at industry events, conferences, and networking functions.Act as a public spokesperson for the company’s business development initiatives.Key requirements
You must meet the following minimum criteria
Qualifications
Deep Experience in in the Travel / hospitality sectorExperience working with major travel agenciesStrong Analytical Skills and knowledge of FinanceAbility to work independently and collaborativelyExperience in the fintech or travel industry is advantageousSkills & Experience
What do you need in order to apply?
We’re looking for someone who is:
Who has a network in the travel/hospitality industyHighly organised, detail-oriented, and reliableA people person who can work quickly and solve problems for clients while delighting themComfortable working with spreadsheets, accounting tools, and CRM systemsAble to communicate clearly and professionally with partners and internal teamsMotivated to learn and grow in a fast-paced environmentBonus points for:
Experience in fintech, payments, or travel / hospitalityAbout you
What type of person are we looking for for this role?
The ideal candidate happy to work in dynamic startup environment that is growing rapidlySalary
How much can you expect to earn per month?
TurnStay is offering market related salary with performance incentiveHow to Apply
Application information
To apply for this role, please follow this link