Vietnam
VinFast seeks financing from US government for expansion – report
The news came after VinFast announced recently that its Singapore-based holding company had filed for an initial public offering (IPO) with US securities regulators.
Vietnam’s Sky Mavis raises $150M funding led by Binance to restore funds on the Ronin Bridge
Sky Mavis, the Vietnamese gaming firm behind play-to-earn game Axie Infinity, said Thursday it has raised $150 million funding round led by Binance to restore funds on the Ronin Bridge.The round also saw the participation of Animoca Brands, a16z, Dialectic, Paradigm and Accel. The fund will be used to reimburse user funds affected by the Ronin Validator…
Vietnam’s Vinfast to build EV factory in North Carolina
VinFast and the government of North Carolina announced Tuesday the signing of the memorandum of understanding (MOU) for the establishment of VinFast’s first North Americanmanufacturing plant. The company intends to invest up to $2 billion in the project’s phase one, creating thousands of jobs. VinFast’s factory will create a major manufacturing center in…
[Updated] Indonesia’s GoTo to raise $1.25B in local IPO – report
GoTo, a merger of ride-hailing giant Gojek and e-commerce firm Tokopedia, said it plans to sell up to 52 billion Series A shares and set a price range of 316 to 346 rupiah per share.
Gojek integrates MoMo’s e-wallet on the Gojek app in Vietnam
Two super apps Vietnam's MoMo and Indonesia's Gojek, announced Monday a strategic partnership, which will see MoMo become the first e-wallet to be integrated in the Gojek app in Vietnam. Gojek and MoMo will combine the technological strengths and wide-reaching ecosystems of the two platforms, aiming to accelerate the use of cashless payments and provide a…
Vietnam’s Jio Health raises $20M Series B investment led by Heritas Capital
Jio Health has completed a $20 million Series B investment led by Singapore-based healthcare investor Heritas Capital. Other investors in the round include Fuchsia Venture Capital (corporate venture capital of Muang Thai Group Holdings), Kasikorn Bank Group, and existing investor, Monk’s Hill Ventures. This fundraise represents the largest in the company’s…
Saigon Asset Management invests in Vietnamese FinTech firm Anfin
Anfin Company Limited announced Thursday the signing of an investment and strategic partnership agreement with Saigon Asset Management (SAM), which will see SAM becoming an equity investor into Anfin as well as a strategic partner. Following this agreement, both firms will collaborate to leverage SAM’s diverse portfolio of investment funds to expand assets…
Society Pass acquires Vietnam online grocery delivery service Handycart
Society Pass Incorporated (SoPa) has acquired Dream Space Trading Company Limited, the operator of Handycart. The newly acquired company will be integrated into SoPa's food and beverage delivery vertical with SoPa's existing merchant software platform #HOTTAB,
Visa and VNPAY enter strategic partnership to drive digital payments in Vietnam
Visa has entered a strategic partnership with VNPAY to enhance the digital payments experience in Vietnam. Together, they will make cashless payment more accessible in Vietnam through expanding and strengthening the fintech company's affiliate network of accepting merchants, as well as rolling out new services including Visa’s Tap to Phone acceptance…
