With peer-to-peer lending becoming increasingly popular in Viet Nam, experts said a legal framework is needed to regulate the activity to prevent loan-sharking.
Viet Nam’s financial marketplace and peer-to-peer (P2P) lending platform Tima has raised US$3 million in Series B funding from Belt Road Capital Management (BRCM), a Greater Mekong-focused private equity fund, Tima announced on Monday.