Tyme Group, a digital lender controlled by South African billionaire Patrice Motsepe, raised $250 million in a funding round that made it one of Africa's few unicorns.

News24

South Africa

News24 Business | Tyme valued at $1.5bn, and now backed by Latin America's most valuable financial firm

Series D round, led by the Brazilian institution, totaled US$ 250 million

Rodada série D, liderada pela instituição brasileira, totalizou US$ 250 milhões

Nubank investe US$ 150 mi em banco digital que opera na África do Sul e nas Filipinas

Globo

Roberto Irineu Marinho

Brazil

Nubank invests US$ 150 million in digital banking that operates in South Africa and the Philippines

Media Bias/Fact Check

24.com

allAfrica

Amadou Mahtar Ba

Africa: Tyme Is Africa's Newest Unicorn After Raising $250m At $1.5b Valuation

Tyme Group raises $250 million in a Series D round, pushing its valuation to $1.5 billion. The funding was led by Brazil's Nubank.

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TechCrunch

Verizon Communications

United States

Nubank leads $250M round in African digital bank Tyme at $1.5B valuation

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Techmeme

California

Digital bank Tyme Group, which operates in South Africa and the Philippines, raised a $250M Series D led by Brazilian digital bank Nubank at a $1.5B valuation

The total investment round amounted to US$250 million, with M&G Catalyst Fund undersigned for US$50 million

La ronda de inversión total ascendió a US$250 millones, con M&G Catalyst Fund suscribiéndose por US$50 millones

Nubank se convirtió en el nuevo accionista minoritario del banco digital Tyme Group

larepublica.co

Bogotá

Bogota

Colombia

Nubank became the new minority shareholder of the digital bank Tyme Group

Tyme Group, a digital banking group controlled by South African billionaire Patrice Motsepe, has raised $250 million in a funding round that makes it one of Africa's few so-called unicorns.

Tyme Group, ’n digitale bankgroep onder beheer van die Suid-Afrikaanse miljardêr Patrice Motsepe, het $250 miljoen ingesamel in ’n finansieringsronde wat van hom een van Afrika se min sogenaamde eenhorings maak.

Patrice Motsepe se Tyme Group nou op $1,5 mjd. gewaardeer

Netwerk24

Patrice Motsepe's Tyme Group now valued at $1.5 billion

The funds will be used to acquire a bank in Indonesia

Business Times

Digital bank Tyme raises US$250 million, led by Brazilian peer Nubank

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 customers across South Africa and the Philippines, says its partnership wi…

PYMNTS.com

Nubank Helps Digital Lender Tyme Reach $1.5 Billion Valuation

Tyme Group, the Singapore-headquartered digital banking group backed by South African billionaire Patrice Motsepe, has officially become Africa’s 9th unicorn after raising $250 million in its Series D funding round.   The post Billionaire Patrice Motsepe’s Tyme worth $1.5 billion becomes Africa’s 9th unicorn  appeared first on Nairametrics.

News24 Business | Tyme valued at $1.5bn, and now backed by Latin America's most valuable financial firm

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