Ethos AI Fund announces R200-million investment in TymeBank

Jamie McKane

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Ethos AI Fund announces R200-million investment in TymeBank

African Rainbow Capital (ARC) and Ethos Private Equity announced an investment of R200 million by the Ethos AI Fund in TymeBank.

ARC also plans to invest R100 million to the Ethos AI Fund in a separate transaction, with the aim of providing ARC with access to an ecosystem which supports the commercialisation of new technologies.
 
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