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Digibank Tyme Nets $70M More In Series B Money From Tencent, Others

Dec 07, 2021almost 4 years ago

Amount Raised

$70 Million

Round Type

series b

Lending And InvestmentsFinancial ServicesSoftware

Description

Tyme, a digital banking group with operations in Singapore, Vietnam, and South Africa, has raised an additional US$70 million in series B funding from Tencent and CDC Group.

Company Information

Company

Tyme

About

The Singapore-headquartered startup has partnered with Gokongwei Group-led JG Summit Holdings in the Philippines to create digital bank GoTyme, which recently earned a digital bank license from the country’s central bank.

Funding Insights

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