Tymit

London, United Kingdom Founded: 2017 • Age: 9 yrs
Provider of credit cards for point-of-sale financing
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About Tymit

Tymit is a company based in London (United Kingdom) founded in 2017 by Juan Montalvo Bressi and Nicolas Magnone.. Tymit has raised $31.12 million across 4 funding rounds from investors including Frasers Group and Venture Friends. The company has 27 employees as of June 30, 2021. Tymit offers products and services including Card-linked Instalments and Embedded Instalments.

  • Headquarter London, United Kingdom
  • Employees 27 as on 30 Jun, 2021
  • Founders Juan Montalvo Bressi, Nicolas Magnone
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Tymit Ltd
  • Date of Incorporation 20 Jun, 2017
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $31.12 M (USD)

    in 4 rounds

  • Latest Funding Round
    $26.17 M (USD), Series A

    Oct 26, 2022

  • Investors
  • Employee Count
    27

    as on Jun 30, 2021

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Products & Services of Tymit

Tymit offers a comprehensive portfolio of products and services, including Card-linked Instalments and Embedded Instalments. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Enables virtual Visa card for flexible payments.

Offers seamless instalment options in business platforms.

People of Tymit
Headcount 50-200
Employee Profiles 67
Employee Profiles
People
Veronica Montanola Caro
Service Delivery Senior Manager
People
Jairo Velasco Martín
Web Team Lead
People
Carlos Lopez Areu
Engineering Lead
People
Francisco Jiménez Contreras
Senior Back End Developer

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Funding Insights of Tymit

Tymit has successfully raised a total of $31.12M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $26.17 million completed in October 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Series A — $26.2M
  • First Round

    (28 Jul 2019)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2022 Amount Series A - Tymit Valuation Frasers Group
Oct, 2020 Amount Series A - Tymit Valuation

investors

Nov, 2019 Amount Debt – Conventional - Tymit Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Tymit

Tymit has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Frasers Group and Venture Friends. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments are made in proptech, fintech, SaaS, and multiple sectors.
Founded Year Domain Location
Retailer of sports products
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Tymit

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Tymit

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Tymit Comparisons

Employees
+
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Competitors of Tymit

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Tymit

Frequently Asked Questions about Tymit

When was Tymit founded?

Tymit was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is Tymit located?

Tymit is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Is Tymit a funded company?

Tymit is a funded company, having raised a total of $31.12M across 4 funding rounds to date.

How many employees does Tymit have?

As of Jun 30, 2021, the latest employee count at Tymit is 27.

What does Tymit do?

Tymit was founded in 2017 and is headquartered in London, United Kingdom. Credit cards tailored for point-of-sale financing are offered by the company within the fintech sector. Access is enabled through an app-based platform, which supports installment payments for products bought online or offline. The mobile application is available for iOS and Android devices, facilitating user management of financing options.

What products or services does Tymit offer?

Tymit offers Card-linked Instalments and Embedded Instalments.

Who are Tymit's investors?

Tymit has 2 investors. Key investors include Frasers Group, and Venture Friends.

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