African digital bank Tyme raises $250M round led by Nubank at $1.5B valuation
- Tyme Group secures $250 million in Series D funding.
- Valuation of Tyme Group reaches $1.5 billion.
- Nu Holdings invests $150 million for a 10% stake.
The significant investment in Tyme Group reflects a renewed investor confidence in fintech, particularly in emerging markets. Tyme's hybrid model and customer base position it well for future growth, especially with plans for geographical expansion. The potential IPO and strategic partnerships could further enhance its market presence.
