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Nubank Announces $150 Million Investment in Tyme Group for Series D Funding

Dec 16, 2024

Contract Type

partnership

Sao PauloFinancial ServicesFinanceFintechLendingBanking

Description

Nubank, a leading digital financial services platform, has announced a significant investment of US$150 million in Tyme Group. The investment is part of Tyme Group's series D funding round, totalling US$250 million. Tyme Group, a rapidly growing digital bank with operations in South Africa and the Philippines, aims to expand its presence in Africa and South East Asia.

Company Information

Company

Nubank

Location

Sao Paulo, Sao Paulo, Brazil

About

Nubank is the world's largest digital banking platform outside of Asia, serving over 100 million customers across Brazil, Mexico, and Colombia. The company has been leading an industry transformation by leveraging data and proprietary technology to develop innovative products and services. Nubank caters to customers' complete financial journey, promoting financial access and advancement with responsible lending and transparency.

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Strategic partnership established
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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.