News & Events
MFast secured Series A funding led by Wavemaker Partners, set sights on regional expansion
MFast, the leading financial services distribution network in Vietnam, has successfully concluded its Series A funding round, led by Wavemaker Partners. The round also saw participation from new investors Finnoventure Fund I, managed by Krungsri Finnovate, and Headline Asia, along with existing investors Do Ventures, JAFCO Asia, and Ascend Vietnam Ventures.
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Selly raised $2.6M from CyberAgent Capital, Do Ventures, Genesia Ventures, JAFCO Asia, and Kvision
Selly – a Vietnam-based social commerce platform has raised $2.6M in a Pre-Series A funding round from CyberAgent Capital, Do Ventures, Genesia Ventures, JAFCO Asia, and Kvision. Less than a year after launch, Selly has created employment opportunities for hundreds of thousands of women and people who lost their jobs or income due to Covid-19.
Validus, TTC Group and Do Ventures form joint venture to expand access to credit for SMEs in Vietnam via digital marketplace lending platform
- The joint venture (“JV”) will leverage multiple synergies to deepen financial inclusion for Small and Medium Enterprises (“SMEs”), boost business financing and create lasting impact through partnerships, data and technology. - The JV supports Validus Vietnam’s growth ambitions and reinforces the commitment of all parties towards driving financial inclusion amongst SMEs in Vietnam. - Validus is Southeast Asia’s leading SME financing platform, having crossed the US$1 billion mark in loans disbursed and is expected to double the amount in the next 12 months.