Fundz

Digibank Tyme Nets $70M More In Series B Money From Tencent, Others

PRIVATEDec 07, 2021

Amount Raised

$70 Million

Round Type

Series B

OtherFinancial ServicesSoftwareLending And Investments

Description

Tyme, a digital banking group with operations in Singapore, Vietnam, and South Africa, has raised an additional US$70 million in series B funding from Tencent and CDC Group.

Quick answer

Tyme raised $70 Million in a Series B round, dated December 7, 2021.

How much did Tyme raise?
Tyme raised $70 Million in a Series B round on December 7, 2021.
What does Tyme do?
The Singapore-headquartered startup has partnered with Gokongwei Group-led JG Summit Holdings in the Philippines to create digital bank GoTyme, which recently earned a digital bank license from the country’s central..

Source: Fundz verified event record.

Who else raised in Financial Services and Lending And Investments around the same time

Companies in the same sectors as Tyme that raised within 45 days of this round, from Fundz verified event records.

  • Anchorage Digital raised $350M (Series D) on December 15, 2021.
  • Anchorage Digital raised $350M (Funding Round) on December 15, 2021.
  • Fpl Technologies raised $75M (Funding Round) on January 12, 2022.
  • CAIS raised $225M (Funding Round) on January 11, 2022.
  • People Fund Company raised an undisclosed amount (Series C) on December 3, 2021.
  • Victor raised $6M (Seed) on December 2, 2021.

Who to call at Tyme, and when

A new round usually means Tyme is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Tyme raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Tyme, from your own LinkedIn network

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Company Information

Company

Tyme

About

The Singapore-headquartered startup has partnered with Gokongwei Group-led JG Summit Holdings in the Philippines to create digital bank GoTyme, which recently earned a digital bank license from the country’s central bank.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Tyme raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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