The CEO of South Africa’s TymeBank says the company is raising $150 million. “We are currently valued at close to $1 billion and busy with our series D capital raise at unicorn valuation,” Coenraad Jonker told Bloomberg News on Wednesday (June 12), noting that the...
Digital banking group Tyme has raised $77.8 million in a pre-Series C capital raise. The Singapore-headquartered firm will use the new funding to continue growing its operations in South Africa and the Philippines, to expand in Southeast Asia in the future and to perform a partial buyback, according to...
The appetite for digital banking has accelerated in recent years, giving rise to a new generation of challenger banks and FinTech players that are disrupting the traditional banking space with often cheaper, faster and more efficient solutions. But as Tyme Co-Founder and CEO Coen Jonker...
In today’s top payments news around the world, Zomato has landed an additional $250 million from existing and new investors, while Tyme plans to expand its online bank for the underserved into Asia and Southeast Asia. Plus, telecommunications services provider Bharti Airtel is teaming with...
September 22, 2022
The appetite for digital banking has accelerated in recent years, giving rise to a new generation of challenger banks and FinTech players that are disrupting the traditional banking space with often cheaper, faster and more efficient solutions. But as Tyme Co-Founder and CEO Coen Jonker told PYMNTS in an interview, the purist approach of these […]
December 17, 2024
South Africa-based digital bank Tyme has achieved unicorn status with the help of fellow FinTech Nubank. The company announced Tuesday (Dec. 17) that it had raised $250 million in a Series D funding round, bringing its value to $1.5 billion. Among Tyme’s investors is Nubank, a 110-million-member digital lender based in Brazil. Tyme, whose TymeBank has more than 15 million […]
June 12, 2024
The CEO of South Africa’s TymeBank says the company is raising $150 million. “We are currently valued at close to $1 billion and busy with our series D capital raise...
May 24, 2023
Digital banking group Tyme has raised $77.8 million in a pre-Series C capital raise. The Singapore-headquartered firm will use the new funding to continue growing its operations in South Africa and the Philippines, to...
February 23, 2021
After raising $110 million in a Series B capital raise, Tyme plans to expand its digital bank for the underserved into Asia and Southeast Asia, starting with the Philippines. Tyme,...
