Eng

Vietnamese fintech firm Kim An Group closes Series A funding round

KrASIA
更新於 2020年09月16日20:39 • 發布於 2020年09月16日12:39 • Stephanie Pearl Li

Kim An Group, a Vietnam-based fintech firm that provides end-to-end services in sales and credit scoring technology to connect banks and financial companies to the micro, small and medium businesses (MSME) in Vietnam, has secured an undisclosed amount of Series A funding from Patamar Capital, Viet Capital Ventures, and East Ventures.

The fintech firm plans to use the new funds to upgrade its core technology system to process data, optimize the company’s credit scoring platform, and better connect customers to financial institutions in Vietnam.

“There is widespread interest in providing financial services to micro, small and medium enterprises (MSME), the backbone of the Vietnamese economy. However, while interest is high, very few have cracked the code in terms of how to serve this segment effectively,” said Shuyin Tang, partner at Patamar Capital.

廣告(請繼續閱讀本文)

Access to credit is still one of the greatest obstacles to the growth of small and medium-sized enterprises (SMEs) in Vietnam, where only 39% of the SMEs have received bank loans, according to a research conducted by the Asian Development Bank in 2019.

Kim An Group has also signed agreements with credit institutions including Nam A Commercial Joint Stock Bank and FE Credit, a financial company under Vietnam’s VPBank, to develop consumer loans for individual customers, household business, micro enterprises and to increase connectivity between credit institutions and customer segments.

The company claims to have disbursed more than 25,000 loans to the local customers, with further ambitions to accelerate financial inclusion in Vietnam.

廣告(請繼續閱讀本文)
查看原始文章

更多 Eng 相關文章

EMPHASIS Jewellery reveals the new Bloom collection, celebrating the flowing beauty of wheat
Tatler Hong Kong
Israel accepts U.S. proposal for Gaza truce deal
XINHUA
Musk leaving U.S. gov't role
XINHUA
Japan Energy Summit & Exhibition announced in collaboration with the LNG Producer Consumer Conference (LNG PCC) 2025 on 20 June 2025
PR Newswire (美通社)
Next-generation battery swap ecosystem empowers China's heavy-duty truck sector
XINHUA
Dragon boat racers make stunning S-turn in south China
XINHUA
Qian Fenglei Takes the Helm at WellCell Group, Reshaping the Business Landscape
PR Newswire (美通社)
Singapore Tourism Board and Milken Institute Sign Memorandum of Understanding to Anchor the Milken Institute Asia Summit in Singapore from 2026 to 2028
PR Newswire (美通社)
UnionPay and Tourism Malaysia Seal Strategic Partnership at ITB Shanghai to Power Visit Malaysia 2026 (VM2026)
PR Newswire (美通社)
Pacific Bridge Media and Consulting (Japan) and Business Next Media (Taiwan) announce cross-border content exchange to spotlight Asian innovation
PR Newswire (美通社)
POWERCHINA Strengthens Commitment to Ecological Diversity Protection in Laos
PR Newswire (美通社)
Valvoline™ Global Operations Confirmed as Official FIFA World Cup 26™ Supporter
PR Newswire (美通社)
MDES and Huawei Cloud Announced Joint Initiative to Accelerate Thailand's Agenda to Become the AI Hub in ASEAN
PR Newswire (美通社)
KLN Wins Global Logistics Company of Excellence Title for Second Consecutive Year at the Hong Kong Economic Journal Corporate Brand Awards of Excellence 2025
PR Newswire (美通社)
GAR's Sustainability Report 2024 Shows Company, Customers and Communities Growing Together with Purpose
PR Newswire (美通社)
Banka, Yang re-elected WADA president, VP
XINHUA
Xinhua Silk Road: Chinese martial arts promote cultural exchange in Spain
PR Newswire (美通社)
NBA CHINA AND AMBER AVIATION ANNOUNCE FAN ENGAGEMENT COLLABORATION
PR Newswire (美通社)
SANY Delivers the First Hydrogen Refueling Project to Australia, Marking a Milestone in Global Green Energy Expansion
PR Newswire (美通社)
SERES Invited to Attend ASEAN-China-GCC Economic Forum
PR Newswire (美通社)
The Future is Here: Visa Asia Pacific Announces New Era of AI-Driven Commerce
PR Newswire (美通社)
UBTS and Cuber AI Launch Exploratory Study into Next-Gen Agentic AI for Logistics Innovation
PR Newswire (美通社)
Energy Storage MoU Signed Between REPT BATTRO and Hyosung Heavy Industries
PR Newswire (美通社)
Stepping Up, Scaling Up, Soaring Up with The BrandLaureate SMEs BestBrands Awards 2025
PR Newswire (美通社)
"Made-in-Shanghai" Takes China-chic Brands and Shanghai's Fashion Ecosystem to Osaka
PR Newswire (美通社)
Aiper Launches Global Strategic Hub in Singapore Following USD 100 Million Strategic Investment from Fluidra
PR Newswire (美通社)
GAR and CIRAD Strengthen Commitment to Scientific Collaboration, Advancing Sustainable Palm Oil
PR Newswire (美通社)
Firstsource Launches Gigsourcing Platform to Transform the Future of Work
PR Newswire (美通社)
SERES Invited to Attend ASEAN-China-GCC Economic Forum
PR Newswire (美通社)
Chinese military urges U.S. to stop fanning flames on Taiwan question
XINHUA
Highreso Announces Discount Plans for NVIDIA H200-equipped GPUSOROBAN-AI SPACON Cloud and Begins Accepting Reservations for NVIDIA B200
PR Newswire (美通社)
The CIC Launches "Centre for Future Construction"
PR Newswire (美通社)
Xinhua Silk Road: 2025 Maritime Silk Road Port Cooperation Forum highlights ports green, intelligent dev't
PR Newswire (美通社)