Tyme
Latest round
- Series B
Last raised
- Dec 2021
Total raised
- $192M
Investors
- 4
About Tyme
Founded in 2012 in Hong Kong, Tyme Limited provides digital banking solutions. The company underwent a significant transition with the launch of TymeBank in South Africa in February 2019, swiftly attracting over 10 million customers. In October 2022, it expanded to the Philippines with the introduction of GoTyme Bank in collaboration with the Gokongwei Group. Coenraad Jonker, James S, Kezia Janetta, and Tjaart van der Walt are among its founders, with Alexander Chizhov, David Pfaff, and Minh Le currently serving as CEOs.Tyme Limited operates as a multi-country digital banking group, delivering innovative financial services aimed at enhancing the banking experience for emerging markets, particularly in South Africa and the Philippines. The core products encompass a digital banking platform that facilitates transactions, credit services, and financial solutions tailored to meet the unique needs of its customer base. TymeBank in South Africa rapidly acquired over 10 million customers by offering lower banking fees and improved access to financial services.The company generates revenue through its digital banking services, focusing on transaction fees, value-added services, and partnerships. Tyme Limited's operational model allows for efficient scaling of banking services, resulting in a competitive fee structure that benefits both individual users and commercial clients. The pricing plans are strategically designed to lower the cost of transactions and provide accessible credit options, thereby encouraging higher user engagement and retention. The company aims to develop additional banking products specifically designed for emerging markets, with anticipated launches in the coming years. Furthermore, Tyme Limited is looking to increase its geographic presence beyond South Africa and the Philippines, targeting expansion into other Southeast Asian regions by 2024.
Who invested in Tyme
4 investors across 1 round
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Funding rounds
Series B
Dec 7, 2021
Amount
$192M
Investors
Questions about Tyme
Who invested in Tyme?
Tyme has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Tyme raised?
Tyme has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Tyme last raise money?
Tyme's most recent round on record is a Series B, in Dec 2021.
What does Tyme do?
Founded in 2012 in Hong Kong, Tyme Limited provides digital banking solutions.
Where is Tyme headquartered?
Tyme is headquartered in Hong Kong, Hong Kong SAR - China.
Which VCs invest in companies like Tyme?
Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and Radical Ventures back financial services companies at Tyme's stage. Their profiles are linked below.
VCs backing financial services startups at Series B
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