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Aditya Hadi Pratama · · 1 min readVietnamese BNPL startup banks $1.8m from ex-Affirm employees, others
Vietnamese buy now, pay later (BNPL) startup Fundiin announced it has raised US$1.8 million in its latest funding round.
More funding details
- Existing investor: 1982 Ventures and Zone Startups Ventures
- Other investors: Genesia Ventures, Jafco Asia, Trihill Capital, angel investor Pham Le Nhat Quang, and Xffirmers (a syndicate of former employees from US-based BNPL company Affirm)
- Stage: Seed funding
More company updates
- The company plans to use the fresh funds to expand operations and make new hires for its executive team, ahead of its upcoming series A round.
- Fundiin, which launched its BNPL service in mid-2020, works with more than 100 merchants, including large Vietnamese retailers like Lug, Vua Nem, Mat Viet, and Giant International.
- In March, it secured funding from 1982 Ventures and Zone Startups Ventures that enabled the company to make several key hires and work toward increasing the demand for its product. (Read also: The key players in Vietnam’s fintech battleground)
For more coverage of the company, head here. You can also click on the link below to view key details about the company as well as its funding history.
Editing by Collin Furtado and Jaclyn Tiu
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