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African digital bank Tyme raises $250M round led by Nubank 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.
Tyme Group, a South African-born fintech operating in the African country and the Philippines, has secured $250 million in a Series D round, pushing its valuation to $1.5 billion. Its South African brand, TymeBank, has been a key driver of its growth, while GoTyme in the Philippines—launched in 2022 in partnership with local conglomerate Gokongwei Group—marked its entry into Asia. Nubank ’s investment in Tyme Group likely aligns with its broader strategy to diversify geographically and tap into the growth potential of emerging markets outside Latin America.
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