Currently the banking group are looking to raise additional funding of $100 million which will take them past a $1 Billion valuation.
This is happening as Tyme have set their eye on Vietnam where there are many young people and very low unemployment rates. This combination is appealing to Tyme Group as they feel they can quickly grow their client base and seriously compete with old brick and mortar banking brands.
Locally TymeBank recently announced their intention to move into more affluent markets with more diverse banking products. Already the bank has partnered with certain suppliers to extend credit cards and other products to clients.
Read More: TymeBank Begin To Offer Credit Cards
It appears that Tyme is on a roll.