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Tyme Group secures unicorn status with US$250M Series D funding

e27 Logoe275d ago

Tyme Group secures unicorn status with US$250M Series D funding - e27

Quick Summary:

Singapore-based fintech company Tyme Group raised US$250 million in an oversubscribed Series D funding round led by Brazilian neobank which injected US$150 million, according to various media reports.

M&G’s impact strategy Catalyst, with existing investors Tencent, Apis Partners, BII, and Blue Earth, also participated in the funding round.

It plans to use the funding to scale operations, diversify product range, and expand customer base while pursuing growth plans in Vietnam and Indonesia.


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Article Details

Author / Journalist: Anisa Menur

Category: StartupsTechnology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-17 @ 09:23:16 (5 days ago)

News Timezone: GMT +8:00

News Source URL: e27.co

Language: English

Article Length: 232 words

Reading Time: 2 minutes read

Sentences: 1 lines

Sentence Length: 232 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © e27

News ID: 24578453

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About e27

e27 Logo

Main Topics: StartupsTechnology

Official Website: e27.co

Update Frequency: 6 posts per day

Year Established: 2006

Headquarters: Singapore

News Last Updated: 19 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #10

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  • URL: https://beamstart.com/news/tyme-group-secures-unicorn-status-17348363124039

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