Tech Company Financing Transactions
TymeBank Funding Round
Blue Earth Capital, Norrsken22 and Tencent Holdings invested in a $77.8 million Series C venture round for TymeBank. This venture round closed on 5/23/2023.
Transaction Overview
Company Name
Announced On
5/23/2023
Transaction Type
Venture Equity
Amount
$77,800,000
Round
Series C
Proceeds Purpose
The company intends to use the funds to further operations in South Africa and the Philippines as well as for future expansion in Southeast Asia.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Ballyoaks Office Park Bryanston
Johannesburg, 2194
ZA
Johannesburg, 2194
ZA
Phone
Website
Email Address
Overview
We're a digital bank that's all about keeping things easy, clear and affordable. To empower mang le mang Mzansi to take back control of their money. To help you understand how money really works by giving you a clear picture of every Rand and cent you have. This helps you make decisions about your money today that has the power to grow into a secure financial future.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Coenraad Jonker
Chief Financial Officer
Yusuf Dockrat
Chief Technical Officer
Bruce Paveley
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About Our VC Transactions Data
We do our best to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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