Fintech

How to become a financial adviser (M)Fast

August 30, 2023
Image by pressfoto on Freepik

Go digital with MFast! This Vietnamese startup helps agents break into the industry as financial advisors while helping locals living in rural areas apply for bank accounts, loans, insurance, and more–all through tech!

Investor check. Wavemaker Partners led the round. Do Ventures, JAFCO Asia, Ascend Vietnam Ventures, as well as new investors like Krungsri Innovate’s Finnoventure Fund I and Headline Asia also joined in!

💓 Want some advice? 

You want to get started as a financial consultant in Vietnam. But it might be tough for you to get clients since you’re a rookie in the industry.

How to grow your career? Download the MFast app and register—all in four minutes! You get an agent app that helps you manage your work easier and faster. 

  • Learn vital skills. They’ve got training sessions and offline workshops to level up your knowledge. 
  • Get that $$$. You can even earn commissions from your clients!

🪪 Bring it on

So why do Vietnamese people need MFast’s services? Well, because a majority of people live in rural areas, where most banks don’t have physical locations!

  • What do customers get? They can open CASA bank accounts, apply for loans and credit cards, and get insurance.
  • They can even shop appliances from hard-to-find brands at zero interest.

Run the numbers! They have 160K active agents with clients in tier 2 and 3 cities. Oh, and they also have a million users now. 

↗️ Coming soon

MFast will improve their tech and deliver new features like the Agent360 profile portal, a credit scoring engine, an AI fraud detector, and an end-user app. 

  • They’re expanding, baby! They’ll double down on local operations and expand to foreign markets starting next year.
  • First stop? The Philippines.

Know Southeast Asian tech in minutes.

The newsletter that keeps you up-to-date on the top stories on tech and business in Southeast Asia. It's fun, quick and free.
You're now subscribed to BackScoop. See you in your inbox!
Oops! Something went wrong while submitting the form.

Know Southeast Asian tech in minutes.

The newsletter that keeps you up-to-date on the top stories on tech and business in Southeast Asia. It's fun, quick and free.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.