The Tyme is Now: From Startup to $1.5 Billion Unicorn

Editorial Calendar The Tyme is Now: From Startup to $1.5 Billion Unicorn The raise was oversubscribed and sawTyme Groupsecure a total of $250million in funding, bringing the company’s total valuation to $1.5billion.Nubankled the support, investing $150million, followed byM&G‘s Catalyst subscribing for $50million. With established operations in South Africa and Philippines, Tyme now gears up for expansion into Vietnam and Indonesia. The support from Nubank strengthens Tyme’s position in the global digital banking sphere.

Partnering with the firm will bring significant expertise and resources to Tyme. It will also position the company well to expand its market presence. “Nubank transformed financial services in Brazil.

We are excited by the value that Nubank’s thought partnership and advice can bring to Tyme. Areas such as data analytics, credit risk management, product development and marketing are key to achieving leadership in our markets. This is a moment of great significance for Tyme,” saidCoenJonker, co-founder and CEO of Tyme Group.

Other investors in the series D funding include: African Rainbow Capital The Ethos AI Fund Apis Growth Fund II (‘Apis’) The Gokongwei Group British International Investment (BII) Lavender Hill Capital Partners DavidVélez, founder and CEO of Nubank added: “Since the beginning of Nubank, we have believed that the future of financial services globally is of digitally-native companies. We have met dozens of teams across different geographies, and we think that Tyme Group is extremely well-positioned to be a digital bank leader in Africa and Southeast Asia. We are excited to work with Tyme to share many of our learnings of scaling this model to hundreds of millions of customers.” PravegPatil, head of Asia Pacific, impact and private equity at M&G commented: “Investing in innovative companies like Tyme Group is essential for driving financial inclusion in underserved markets.

M&G’s Catalyst is able to invest in transformative