Timo Digital Bank is a Ho Chi Minh City–based digital bank founded in 2015 by CEO Henry Nguyen. The company operates as a digital bank and in 2019 announced a strategic partnership with Viet Capital Bank. In 2022 Timo secured $20M in funding to support its growth. The company intends to use the funds to expand operations and broaden its business reach. Investors named in the round include Square Peg, Jungle Ventures, Granite Oak, FinAccel, Phoenix Holdings (an existing investor) and other angels.

Total raised

$20M

Funding rounds

1

Latest round

Equity

Latest activity

Jan 2022