Caixin
Dec 14, 2021 08:37 PM
TECH INSIDER

Tech Insider: Tencent’s Banking Push, Xiaomi’s Chip Drive

Tencent has led a $70 million funding round for Singapore-based digital-banking firm Tyme. Photo: TymeGlobal
Tencent has led a $70 million funding round for Singapore-based digital-banking firm Tyme. Photo: TymeGlobal

Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene.

Tencent leads investment in Singapore’s digital banking firm

Chinese social media and gaming giant Tencent Holdings Ltd. has led a $70 million funding round for Singapore-based digital-banking firm Tyme that will help it hasten a rollout in South Africa and the Philippines.

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