Tyme Group, a rapidly expanding digital banking company based in Singapore, has announced that Nubank, Latin America’s top digital financial services platform, has made a strategic investment in the company by leading a $250 million Series D funding round.

This move into emerging markets positions Nubank as a minority shareholder, contributing $150 million to Tyme, which operates in South Africa and the Philippines.

With the completion of this oversubscribed round, Tyme has achieved unicorn status, reaching a valuation of $1.5 billion. Additional investors in the round include M&G’s Catalyst, which committed $50 million, along with existing shareholders contributing another $50 million.

The investor group also includes the Founders, African Rainbow Capital, The Ethos AI Fund, Apis Growth Fund II, Tencent, The Gokongwei Group, British International Investment (BII), Norrsken 22, Blue Earth, and Lavender Hill Capital Partners.

A Powerful Alliance

Nubank’s investment of US$150 million in Tyme Group marks a strategic partnership that brings together two industry leaders. This collaboration will enable Tyme to leverage Nubank’s extensive expertise in digital banking, data analytics, credit risk management, product development, and marketing.

By tapping into Nubank’s insights and resources, Tyme aims to accelerate its growth and enhance its offerings to customers across Africa and Southeast Asia.

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African Rainbow Capital’s Support for Tyme’s Growth

Patrice Motsepe, Chairperson of African Rainbow Capital, a major shareholder in Tyme, expressed his excitement about the partnership with Nubank.

He believes that this collaboration will accelerate Tyme’s growth trajectory and solidify its position as a leading multi-country digital bank. Motsepe’s endorsement underscores the strong support and confidence in Tyme’s future.

Nu: A Champion for Financial Inclusion

Nu, a global leader in digital financial services, boasts over 110 million customers across Brazil, Mexico, and Colombia. Their mission is clear: fight financial complexity and empower everyone. This translates into user-friendly products and services built around data and cutting-edge technology.

Nu prioritises responsible lending and transparency, ensuring financial access and growth for its customer base. This commitment to inclusion is evident in their recognition as a Time 100 Company and a Forbes World’s Best Bank. Learn more about Nu’s journey at

M&G Investments: Putting Investments to Work

M&G Investments, with nearly nine decades of experience, provides a robust platform for investors worldwide. Part of M&G plc, they have a proven track record of helping customers prosper by channelling investments into real-world assets that generate jobs, homes, and vital infrastructure. Their comprehensive portfolio covers a wide range of options, including equities, fixed income, and real estate.

M&G Investments prioritises responsible investing, adhering to the UN Principles for Responsible Investment. They are also committed to achieving net zero emissions by 2050 across their operations and investments.

Tyme: Banking for Emerging Markets

Tyme, a multi-country digital banking group headquartered in Singapore, focuses on serving consumers and small businesses in emerging markets. With a deep understanding of these unique challenges, they leverage technology to tailor their offerings and create a “high-tech, high-touch” approach.

Tyme has established successful digital banks in South Africa (TymeBank) and the Philippines (GoTyme) in partnership with the Gokongwei Group. This innovative approach has attracted over 15 million customers to their platforms.

The Tyme Bank app has transformed the way people in South Africa manage their finances. As part of the Tyme bank South Africa network, the Tyme Group continues to grow under the leadership of the Tyme group CEO, who has focused on expanding digital banking solutions.

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The TYME card offers a convenient way to make transactions, while users can also explore Go Tyme Bank interest rates for savings and investment options.

For those looking to access their accounts, the TymeBank login process is simple, though many users are interested in TymeBank login without OTP South Africa for quicker access.

To ensure security, TymeBank login PIN is required to complete the process. New customers can use the Tyme Bank app to open a TymeBank open account online, making it easier than ever to start a Tyme bank savings account and take advantage of the bank’s innovative financial products. If you need assistance, you can always reach out through Tyme bank contact details available on their platform.

A Collaborative Future

These three companies represent a powerful force in shaping the future of finance. Nu’s focus on inclusion, M&G’s commitment to responsible investing, and Tyme’s expertise in emerging markets offer a diverse set of tools to empower individuals and economies globally.

As they continue to innovate and collaborate, the possibilities for a more inclusive and accessible financial future become even more exciting.