Tyme lands $110m in Series B funding, plans Asia-Pacific expansion
Among the firm’s new investors are Apis Growth Fund II and Philippines-based JG Summit Holdings. The latter is working with Tyme on an application for a digital banking licence in Singapore. Tyme originally started life in 2012. In 2015, it was acquired by Commonwealth Bank of Australia (CBA) and became TymeDigital. Three years later CBA sold it to African Rainbow Capital, which describes itself as a “fully Black-owned and controlled investment company”.
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