MFast get backing from Wavemaker Partners to increase financial services access in Vietnam | TechCrunch

Image for article MFast get backing from Wavemaker Partners to increase financial services access in Vietnam | TechCrunch

News Summary

  • MFast is the leading financial services distribution network in Vietnam
  • The company announced today it has raised million in its Series A funding round led by Wavemaker Partners
  • The round also got participation from new investors Finnoventure Fund I managed by Krungsri Finnovate and Headline Asia alongside returning backers Do Ventures JAFCO Asia and Ascend Vietnam Ventures
  • MFast helps its customers get access to financial services including loans and insurance and high ticket items like home appliances from brands that don t usually open retail branches in rural areas
The majority of Vietnams 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 t [+4059 chars]

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News image for article MFast get backing from Wavemaker Partners to increase financial services access in Vietnam | TechCrunch

MFast get backing from Wavemaker Partners to increase financial services access in Vietnam | TechCrunch

The majority of Vietnams population live in rural areas and often lack access to financial services because banks and other institutions open most of The majority of Vietnams population live in rural areas and often lack access to financial services because