Say hey to Vietnam's Finhay! They're here to simplify investing for Vietnam's first-time investors — beyond just stock trading. Now, they've just bagged a $25M Series B!

• They grew 150% in 2021 and currently have over 2.7M users, which is major considering only 5M Vietnamese (out of 98M) own securities accounts.
• They are the only licensed online investment platform in Vietnam after acquiring local securities brokerage firm VinaSecurities.

Who cashed in? Openspace Ventures and VIG co-led the round. Insignia Ventures Partners, Headline, TNB Aura and Infinity Ventures Crypto (does this mean crypto investments are in the works? 👀) also cashed in.

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🤑📈 How it works

Finhay's got multiple ways you can start investing and growing your $$$.

Funds. Pick from six different fund investment structures based on your risk appetite! Earn as much as 6%–49.5% a year, depending on your pick.

Stocks. Invest in stocks for as little as 10,000 VND ($0.43!!) through fractional stocks as small as 0.1 shares.

Savings. Earn as much as an extra 4%–8% a year through their savings accounts!

Gold. Buy, sell and send gold online— it's one of the OG investments across history! Oh, and you can even withdraw it physically.

And more! They also have add-on products in-app that let you bank, buy insurance and get investable cashbacks.

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💰 What's with the $$$?

They'll be expanding the business, growing the team and doubling down on their tech.