Here’s SoBanHang! They help owners across Vietnam access digital finance tools via their mobile app to manage sales, inventory, and receivables. 

• Now, they’ve just raised a $3.8M Pre-Series A, according to Singapore’s ACRA filings. 
• Oh, and the round is reportedly ongoing. 

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Investor check. Malaysia’s Hong Leong Bank led the round with $2M, while OSK-SBI Venture Partners joined in with $1.5M. 

•  Several individual investors, as well as existing investors FEBE Ventures and Antler, also participated.

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🛍️ The ABCs of SoBanHang

Founded in 2021, SoBanHang is a merchant management app developed by Finan that helps family-run businesses and micro-enterprises manage sales, operations, and customer transactions.

• The funding comes on the heels of a strategic partnership between Shinhan Bank Vietnam and Finan.
• The two launched Shinhan Store, a platform built in SoBanHang that delivers both banking services and merchant management tools.

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💸 What’s next? 

They’ll use the $$$ to expand across the region and improve their embedded banking services.