Finhay is a Vietnamese fintech startup operating a micro-investment platform for Millennials, recommending savings, investment and insurance products based on customers' personal information and risk assessments. Customers can begin investing with as little as $3, and the platform has more than 2.7 million registered users. Founded in 2017 by Huy Nghiem, Finhay recently acquired a securities brokerage, making it the only licensed digital investment platform in Vietnam. The company says it will use new funding to support business expansion, talent acquisition and technology development. Nghiem envisions Finhay as a one-stop solution where customers can manage their wealth seamlessly. Vietnam's growing economy and rising interest in first-time investing underpin the company's market opportunity. Finhay is a Vietnam-based robo-advisor platform that enables consumers to build investment portfolios with minimums of around $2. Founded in 2017, it has worked with around 20 investment funds and served over 100,000 customers. The company uses a micro-investing model to let consumers allocate small amounts into diversified portfolios. With its latest capital injection, Finhay plans to expand its market reach, improve its infrastructure and hire more staff. The article does not disclose the size or instrument of the new investment. Previous funding includes $1.5M from backers such as H2 Ventures and Insignia Venture Partners.

Total raised

$25M

Funding rounds

2

Latest round

Series B

Latest activity

Jun 2022