Series D FinTech MEGA DEAL

$250M

TymeBank

South Africa December 2024 Southern Africa

About this Deal

TymeBank raised $250M Series D led by Nubank reaching $1.5B unicorn valuation.

Investors

Lead: Nubank

Nubank M&G Catalyst Tencent African Rainbow Capital Norrsken22 BII

Other Rounds by TymeBank

Series C $70M Jul 2022

Deal Details

Amount$250M

TypeSeries D

InstrumentEquity

Valuation$1,500M

SectorFinTech

FounderMale-led

StatusClosed

Company

TymeBank
Startup · Johannesburg

Other Companies in this Market

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Stitch South Africa Payment infrastructure for Africa

Gallo Record Company South African music heritage since 1926

Videovision Entertainment South African cinema pioneer

David Tlale South African couture royalty

Aslina Wines South Africa's first black female winemaker

National Stokvel Association of South Africa Community savings, African style

People in this Space

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Allon Raiz Founder @ Raizcorp Business Incubator

Patrice Motsepe Founder @ African Rainbow Minerals

Anant Singh Founder @ Videovision Entertainment

Sheldon Tatchell Founder @ Legends Barbershop

George Sombonos Founder @ Chicken Licken

Kiaan Pillay Founder @ Stitch South Africa

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