Vietnamese Earned Wage Access Startup Nano Raises US$6.4 Million
by Fintech News Vietnam August 3, 2022Nano, Vietnam’s Earned Wage Access (EWA) provider, announced that it has raised US$6.4 million in an oversubscribed pre-Series A funding round led by Openspace, the early backer of Gojek, Kumu and Finhay.
New investors that participated include Partech Partners, Tekton Ventures, KVision, IT Farma and Sketchnote Partners.
Existing backers Golden Gate Ventures, FEBE Ventures, FJLabs, Venturra, TO Ventures, ACE & Company and Goodwater Capital also joined the round.
Following the funding, Nano said that it is seeking to offer a broader range of benefits solutions and become the go-to financial platform for low-income workers in the country.
The company will also look to expand its solutions to become a complete flexible benefits platform for low-income workers.
Dzung Dang
“As Vietnam transforms into the global manufacturing hub, we are committed to supporting pioneer employers who put their people first, and help ensure all employees are empowered and no one is left behind.
We are building a positive route for low and mid-income employees, giving them control over how they earn, how they get paid, and how they actively plan for the future they deserve,”
said Dzung Dang, CEO and Co-Founder of Nano.
