Nubank invests $150M in Tyme Group’s digital banks in South Africa and the Philippines

Brazilian neobank Nubank led Tyme Group‘s $250M Series D with a $150M investment, valuing Tyme at $1.5B. M&G Catalyst Fund, Tencent, British International Investment, Gokongwei Group, Norrsken 22, and other investors also participated in the round.

Tyme Group is a digital banking platform serving consumers and SMEs in emerging markets. Headquartered in Singapore, Tyme operates TymeBank in South Africa and GoTyme in the Philippines, combining digital banking with physical access points through retail partnerships.