Both foreign and domestic fintech firms are promoting connections with commercial banks to lend unsecured loans to individuals, and small and micro enterprises as demand for consumer and business loans at the end of the year is rising.
Local fintech firm Anfin, a proprietary stock trading platform, announced it had raised US$4.8 million in its pre-Series A funding round from international investors.
Vietnamese fintech firm Finhay had successfully raised nearly US$1 million from Singapore-based Insigna Venture Partners and other investors, the company announced on January 17.