- Tyme secures massive funding
- Nubank backs digital bank
- Unicorn status achieved in emerging markets
Nubank Fuels Global Expansion Engine
Tyme Group, the Singapore-based digital banking powerhouse, has rocketed to unicorn status after securing a landmark $250 million Series D funding round.
Led by Brazilian Nubank, the investment propels Tyme’s valuation to $1.5 billion, marking a significant milestone in the company’s ambitious growth strategy.
Tech Titans Join Financial Innovation Forces
The funding round saw Nubank investing $150 million, M&G’s Catalyst contributing $50 million, and existing shareholders adding another $50 million.
This strategic partnership brings together digital banking innovators from Brazil, Singapore, and Africa, positioning Tyme for aggressive expansion across emerging markets.
Global Vision Meets Local Impact
Tyme’s leadership, including CEO Coen Jonker, emphasized the transformative potential of this investment.
The company now serves over 15 million customers across Africa and Southeast Asia, leveraging Nubank’s expertise in digital financial services to drive financial inclusion and technological innovation in underserved markets.
