TymeBank is reportedly trying to raise at least $100 million to expand in its home country. “In South Africa, we want to be the fastest-growing bank,” CEO Coen Jonker said, per a Thursday (June 6) Financial Times (FT) report. “We want [to] be in the...
Digital banking group Tyme has raised $77.8 million in a pre-Series C capital raise. The Singapore-headquartered firm will use the new funding to continue growing its operations in South Africa and the Philippines, to expand in Southeast Asia in the future and to perform a partial buyback, according to...
South Africa-based digital bank TymeBank has a proposed acquisition lined up for Retail Capital, which will help it boost its business banking services, a press release says. Retail Capital’s services provide funding for smaller businesses in the South Africa area. The acquisition is subject to...
After raising $110 million in a Series B capital raise, Tyme plans to expand its digital bank for the underserved into Asia and Southeast Asia, starting with the Philippines. Tyme, headquartered in Singapore, will primarily use the funding to expand TymeBank in South Africa, where...
June 12, 2024
The CEO of South Africa’s TymeBank says the company is raising $150 million. “We are currently valued at close to $1 billion and busy with our series D capital raise at unicorn valuation,” Coenraad Jonker told Bloomberg News on Wednesday (June 12), noting that the company is preparing for an initial public offering (IPO). “Our […]
June 06, 2024
TymeBank is reportedly trying to raise at least $100 million to expand in its home country. “In South Africa, we want to be the fastest-growing bank,” CEO Coen Jonker said,...
May 24, 2023
Digital banking group Tyme has raised $77.8 million in a pre-Series C capital raise. The Singapore-headquartered firm will use the new funding to continue growing its operations in South Africa and the Philippines, to...
February 23, 2021
After raising $110 million in a Series B capital raise, Tyme plans to expand its digital bank for the underserved into Asia and Southeast Asia, starting with the Philippines. Tyme,...
