Nubank’s $250-M investment in Tyme Group to boost GoTyme Bank

TYME GROUP has received a $250-million investment from Brazil-based digital bank Nubank (Nu), which will help fund its expansion in Asia, including GoTyme Bank. “Nubank will become a 10% shareholder in Tyme Group. The total amount raised is $250 million, which is actually the largest fintech raise in Southeast Asia this year,” GoTyme Bank President