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HO Chi Minh City, Vietnam-headquartered and MFast platform-operator Digital Payment Solutions Joint Stock Company (DigiPay JSC) announced last Tuesday that it successfully concluded its $6 million (about P340 million) Series-A funding round to drive its regional expansion. “In the midst of a global funding winter, we are grateful for our…
Bringing you the latest news briefs on fundraising activities in the Asia Pacific.
The majority of Vietnam’s population live in rural areas and often lack access to financial services because banks and other institutions open most of their physical locations in cities. MFast wants to change that with what it says is the leading financial services distribution network in Vietnam. The company announced today it has raised $6 million in its Series A funding round, led by Wavemaker Partners.
Finnoventure Fund I, Headline Asia, along with existing investors Do Ventures, JAFCO Asia, and Ascend Vietnam Ventures joined the round.
Bringing you the latest news briefs on fundraising activities in the Asia Pacific.