Tyme Raises $77.8 Million to Fuel Global Expansion
This comes as the group’s South African flagship, TymeBank, celebrates its seven million customer milestone this month
Along with the two new shareholders – Norrsken22, an African focused tech growth fund, and Blue Earth Capital (“BlueEarth”), an independent global impact investment firm – Tyme’s shareholders have invested a total of $77.8 million, with Tencent increasing its shareholding to become Tyme’s third largest shareholder.
Photo courtesy of Towfiqu barbhuiya.