Finhay raises 7-digits of funding

08-Apr-2020 Intellasia | VNS | 6:02 AM Print This Post

Finhay, a Vietnamese fintech start-up, has raised seven-digits worth of investment.

The investment came from Jeffrey Cruttenden, co-founder of the popular US savings app Acorns, Thien Viet Securities, and other investors. Further details were not disclosed.

The firm said it would use the funding to expand its market reach, optimise information technology infrastructure, and recruit more workers, said Techinasia.

Finhay was founded in 2017. It is a wealth management platform that helps users perform micro-investments in mutual funds in Vietnam starting from just VND50,000 (US$2.1).

Finhay previously raised a total of $1.1 million from Australia’s H2 Ventures and Singapore’s Insignia Ventures Partners.

http://bizhub.vn/tech/finhay-raises-7-digits-of-funding_314541.html

 


Category: Finance, Vietnam

Print This Post