Brazilian neobank\u00a0Nubank\u00a0led\u00a0Tyme Group\u2018s $250m Series D with a $150m investment – valuing Tyme at $1.5bn.\u00a0<\/p>\n\n\n\n
S\u00e3o Paulo based Nubank is one of the world’s largest financial services platforms with over 110 million customers.<\/p>\n\n\n\n
Tyme Group, headquartered in Singapore, is a digital banking platform serving consumers and SMEs in emerging markets \u2013 it will use the funds to expand into Vietnam and Indonesia and to support its plans to go public by 2028.<\/p>\n\n\n\n
\u201cSince the beginning of Nubank, we have believed that the future of financial services globally is of digitally-native companies. We have met dozens of teams across different geographies, and we think that Tyme Group is extremely well-positioned to be one of the digital bank leaders in Africa and Southeast Asia,\u201d said David V\u00e9lez, founder and CEO, of Nubank.<\/p>\n\n\n\n
This is not Nubank\u2019s first investment outside of Latin America. In August 2021, Nubank co-led a $45 million Series B funding round for Indian neobank Jupiter.<\/p>\n\n\n\n
\u201cNubank transformed financial services in Brazil. We are excited by the value that Nubank\u2019s thought partnership and advice can bring to Tyme particularly in areas such as data analytics, credit risk management, product development and marketing \u2013 levers we believe are key to achieving leadership in our markets,\u201d said Coen Jonker, Co-Founder and CEO, Tyme Group.<\/p>\n\n\n\n
Having completed its latest investment round, Tyme Group has now also firmly achieved unicorn status after securing a total of US$250 million in funding for a total valuation of US$1.5bn.<\/p>\n","protected":false},"excerpt":{"rendered":"
Brazilian neobank\u00a0Nubank\u00a0led\u00a0Tyme Group\u2018s $250m Series D with a $150m investment – valuing Tyme at $1.5bn.\u00a0 S\u00e3o Paulo based Nubank is one of the world’s largest financial services platforms with over 110 million customers. Tyme Group, headquartered in Singapore, is a digital banking platform serving consumers and SMEs in emerging markets \u2013 it will use the […]<\/p>\n","protected":false},"author":58,"featured_media":16132,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[326,71,51,5087,3],"tags":[4155,219,224,1896],"class_list":["post-16131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-apac","category-banking-finance","category-brazil","category-tech-investments","category-top-stories","tag-apac","tag-banking-and-finance","tag-brazil","tag-singapore"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/posts\/16131","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/users\/58"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/comments?post=16131"}],"version-history":[{"count":1,"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/posts\/16131\/revisions"}],"predecessor-version":[{"id":16133,"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/posts\/16131\/revisions\/16133"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/media\/16132"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/media?parent=16131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/categories?post=16131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/latam\/wp-json\/wp\/v2\/tags?post=16131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}