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Financial Services Firm F88 Gets $10M Loan From Lendable

Jan 13, 2022•over 3 years ago

Amount Raised

$10 Million

Description

Vietnam-based financial service firm F88 has raised a $10 million secured loan facility from emerging market fintech debt finance provider Lendable.

Company Information

Company

F88

About

The company has amassed 50 million customers by the end of 2021. F88 said it will use the funding to serve more unbanked and under-banked individuals and MSMEs in the country. F88 received its first private equity investment from Mekong Capital in 2017, before raising another round from Dublin-based investment firm Granite Oak a year later.

FundzWatch™ Score

63
Medium Activity

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