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Brazilian fintech Nubank’s $150mn investment to give South Africa’s Tyme unicorn status

Nubank announced on Monday (16) that it led a Series D financing round at Tyme Group, a digital bank with operations in South Africa and the Philippines, with an investment of US$ 150 million (R$ 921.93 million), according to the press release.
Read more (12/17/2024)

O Nubank anunciou nessa segunda-feira (16) que liderou uma rodada de financiamento s�rie D no Tyme Group, um banco digital com opera��es na �frica do Sul e nas Filipinas, com aporte de US$ 150 milh�es (R$ 921,93 milh�es), conforme comunicado � imprensa.
Leia mais (12/17/2024

Nubank investe US$ 150 mi em banco digital fora do Brasil - 17/12/2024 - Mercado

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Nubank invests US$ 150 million in digital banking outside Brazil - 17/12/2024

GoTyme Bank Philippines will get an equity infusion to firm up its expansion plans here and abroad after Tyme Group, a major shareholder, had become a unicorn with additional an $250 million in fresh funding. Nubank, a Brazilian digital bank with market capitalization of over $57 billion, led the latest funding round with a $150-million […]...Keep on reading: GoTyme Bank rides ‘unicorn’ status of parent firm

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GoTyme Bank rides ‘unicorn’ status of parent firm

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Nikkei Inc.

Tyme Group, GoTyme Bank’s major shareholder, welcomes strategic investor Nubank, the world’s most successful digital bank, to fuel the next phase of growth in the Philippines and the rest of Southeast Asia.  GoTyme Bank’s major shareholder Tyme Group, the multi-country digital banking group headquartered in Singapore with 15 million customers…

BusinessMirror

GoTyme Bank's major shareholder Tyme Group achieves unicorn status with major investment from Nubank

Brazilian digital banking group Nubank, a publicly-traded company on the New York Stock Exchange (NYSE), has invested in South African-born fintech Tyme Group. Tyme, a global digital banking group headquartered in Singapore and backed by South Africa’s Africa Rainbow Capital (ARC), operates two high-growth digital banks: TymeBank in South Africa and GoTyme Bank in the Philippines. TymeBank, launched in 2019, has surpassed 10-million customers, w…

IT-Online

Brazilian fintech invests in Tyme Group

South Africa’s digital lender Tyme Group has raised $250 million in a Series D round at a $1.5 billion valuation. With the valuation, Tyme becomes Africa’s ninth unicorn, two months after Nigeria’s Moniepoint hit the billion-dollar threshold. Tyme plans for an initial public offering by the end of 2028. The funding round was led by Nu Holdings, the parent company of Nu Bank, Latin America’s most valuable fintech, which invested $150 million for …

TechCabal

Tyme raises $250 million Series D to become Africa’s ninth unicorn

TYME Group, the multi-country digital banking group based in Singapore with 15 million customers across Africa and Southeast Asia, announced that Nubank (Nu), a New York Stock Exchange (NYSE) listed digital bank with 110 million customers and a market capitalization of over US$57 billion, led its Series D capital raise.

FrontpagePH

Tyme Group achieves unicorn status with huge investment from NYSE-listed digital bank Nu – Frontpage PH

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Tyme Group, a leading digital banking group, today announced a major milestone: a significant US$250 million Series D funding round led by global digital banking powerhouse Nubank. This investment has elevated Tyme Group to unicorn status, valuing the company at over US$1.5 billion.Nubank, a leading Brazilian digital bank valued at over $57 billion, led the round with a US$150 million investment, while M&G’s Catalyst Fund contributed US$50 milli…

The Independent Investor

Tyme Group secures major investment from Nubank, achieves Unicorn status

… ’s growing reach outside Latin America.
It also highlights a trend …  has set up in Mexico and the Philippines, and Swvl, a mass …  with services across Africa as well as in Pakistan and Saudi Arabia.
Lexi …

Brazilian fintech Nubank’s $150mn investment to give South Africa’s Tyme unicorn status

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