Vietnamese fintech startup MFast raises $2.5M funding led by Ascend Vietnam Ventures

Vietnamese financial service app MFast announced Monday it has raised $2.5 million in a funding round led by Ascend Vietnam Ventures with participation from Wavemaker Partners and existing investors Do Ventures & JAFCO Asia. With the fresh funding, MFast is actively hiring talent across various areas including technology, marketing, and sales to upgrade its platform, expand its agent network, and deploy new business models.