Southeast Asia’s financial technology (fintech) sector continues to grow year-on-year, garnering much attention and financial backing from local and foreign investors. According to Statista, the fintech investment trends in Vietnam show that the total funding value of early-stage fintech deals in the country stands at $267 million USD.

Fintech startups in Vietnam are disrupting the financial sector by providing faster and more efficient money management and banking solutions, such as eWallets. The top-performing fintech segment is digital payments, whereas the personal finance segment appears to be the fastest-growing.

Here are the current top 5 fintech startups in Vietnam:


Infina, an investment and accumulation platform, allows the general public to invest in a variety of stocks and earn a consistent return. All transactions are handled safely and transparently by the company, which provides multiple investment assets. The Accumulation product on the platform allows customers to save their money and earn a profit of about 7.2% every year.

Y Combinator, Alpha JWC Ventures, Saison Capital, Surge, Starling Ventures, AppWorks, Nextrans, FEBE Ventures, and Earlsfield Capital have all contributed to the  $9.3 million USD raised so far. This year, Infina received a $4 million USD increase, on top of the $2 million USD it raised in 2021. The investment will help it grow as it aspires to be like American investing services company Robinhood Markets, Inc.

Vietnam witnessed an increase in mega-deals in 2021. What’s next?


Super app MoMo provides instant and secure money transfers and other financial solutions, such as quick loans, savings deposits, and ticket purchases for travel or entertainment. It has more than 25 million customers accessing over 120,000 payment points in Vietnam. Moreover, it offers advanced financing with zero interest fees or servicing fees and has an incentive programme for its users.

MoMo received $200 million USD in a Series E funding round in December last year, led by Japanese global bank Mizuho, turning it into a $2 billion USD unicorn. Other investors included Kora Management, Goodwater Capital, and Ward Ferry. 

The funds will be used to enhance the company’s financial services, expand its market, and encourage investments in the fintech industry in order to grow the ecosystem. It recently teamed with Gojek, a multi-service platform, to offer an eWallet payment option to Gojek customers.


Wealth management platform Anfin simplifies the investment experience for customers, enabling them to trade Vietnam’s best stocks. Users can invest any amount of capital, diversify their portfolios, and start trading securely on the platform. Signing up is quick and free, and the app has a user-friendly interface to make investing a straightforward process.

Anfin raised $1.2 million USD in a seed round in January, bringing its total funding amount raised to $1.8 million USD. 

Its seed investors include Goodwater Capital, Global Founders Capital, First Check Ventures, and XA Network, whereas the pre-Seed investors were Y Combinator, R2 Ventures, and Peter Hoang. The company will use the money to improve its online presence and boost its real-time trading platform. 


In partnership with Viet Capital Bank, digital banking platform Timo offers a private and fast banking experience, enabling their customers to access and manage their funds securely anytime and anywhere. It uses technology to simplify the banking process for customers and has put all the essential banking solutions into one app. Without having to go to the bank, users can register for bank accounts, pay for services, and shop.

Timo received $20 million USD from global venture capital firm Square Peg in January. Other investors include Jungle Ventures, Granite Oak, FinAccel, and Phoenix Holdings. The money is earmarked to enhance the public’s financial inclusion and ecosystem access. The funding will also help to boost customer experiences on the Timo platform and transform banking in Vietnam.


Payroll solutions company GIMO enables employees to access their wages before payday. It aims to use technology to promote the financial wellbeing of underserved Vietnamese, especially blue-collar and gig workers. The company makes payroll processing and cash flow management more efficient in the workplace.

Integra Partners, Resolution Ventures, Blauwpark Partners, and TNB Aura VN Scout contributed $1.9 million USD to GIMO in November. BKFUND, ThinkZone Ventures, and Y Combinator are among the other investors. It will utilise the additional funds to strengthen financial inclusion in Southeast Asia and the economic resilience and stability of blue-collar and gig workers.

As investors support the industry, more fintech startups in Vietnam will emerge. The Vietnamese government’s regulatory support and digital transformation efforts will strengthen the ecosystem and challenge companies to innovate better solutions for the public. Moreover, financial assistance will not be lowered because fintech investment trends in Vietnam indicate there is an appetite for investment.

We looked at the top 5 fintech startups in Vietnam that were gaining traction last year. Now we’re back with a new batch of Vietnamese startups that are making waves in the industry. If this year has taught us anything, it’s that we can expect even more successful, innovative, and forward-thinking fintech startups to emerge and establish themselves across the country, paving the path to a brighter future.