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Tyme Raises $110 Million To Grow Digital Bank For Underserved In South Africa, Asia

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After raising $110 million in a Series B capital raise, Tyme plans to expand its digital bank for the underserved into Asia and Southeast Asia, starting with the Philippines.

Tyme, headquartered in Singapore, will primarily use the funding to expand TymeBank in South Africa, where it already operates, but also plans to apply for a digital bank license from the Central Bank of the Philippines, according to a Tuesday (Feb.…

This data comes from the ChinaPulse.com media intelligence and smart news insights platform.

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