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Recently Funded|Amount: USD 15.0M|Industry: Financial Services

MFast Secures $15 Million in Funding to Revolutionize Financial Access in Vietnam and Beyond

MFast

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201-500 employees employees (Est.)
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MFast, a pioneering tech-enabled agent banking network dedicated to democratizing financial access for underserved populations in Vietnam and throughout emerging Southeast Asia, has successfully raised $15 million in its latest funding round. This investment, backed by a consortium of notable investors including Wavemaker Partners, Krungsri Finnovate, Headline Asia, Ascend Vietnam Ventures, Jafco Asia, and Do Ventures, will enable MFast to accelerate its growth and enhance its innovative solutions designed for the unbanked and underbanked communities. With the funds, MFast plans to expand its platform's capabilities, substantially improve its agent network, and broaden its reach to provide essential financial services to millions more individuals. The company’s mission is clear: to harness advanced technology to simplify the sales process in the financial sector, thereby increasing financial inclusion across Southeast Asia. By creating income-generating opportunities and career paths in the financial industry for everyone, MFast is committed to transforming lives and elevating communities. Looking to the future, MFast envisions becoming the foremost all-in-one agent banking platform tailored to serve the diverse needs of emerging markets, contributing to a more inclusive economy. This funding round marks a vital step in MFast's journey to redefine financial access and empower individuals to build better lives. To learn more about MFast and its mission, check out their latest video here: [MFast Overview](https://youtu.be/3JqvZkws70M?si=I1paPViJYssLCYrv).
September 24, 2024

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