Tyme Group has secured $250 million in a Series D funding round, increasing its valuation to $1.5 billion, driven by investments from leading financial institutions.
The funding, led by Nubank with a $150 million investment, highlights the recovery of investor interest in fintech after a period of slowdown due to rising interest rates.
Founded in 2019, Tyme offers a hybrid digital banking model, combining online banking with physical touchpoints, and currently serves 15 million customers across Africa and Asia.
With its South African TymeBank as a growth driver and its expansion into the Philippines with GoTyme, the company aims to further penetrate emerging markets such as Vietnam.
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