Fintech company Kim An Group announced that it will receive an undisclosed amount of series A funding from Patamar Capital, Viet Capital Ventures, and East Ventures. The company plans to use the new funds to further develop its core technology system to process data, optimize its credit-scoring platform, and better connect customers to financial institutions in the country.
It will also sign partnership agreements with credit institutions to develop consumer loans for individual customers, household businesses, and micro-enterprises, including Nam A Commercial Joint Stock Bank, Ho Chi Minh City Development Joint Stock Commercial Bank, and FE Credit, a financial company under Vietnam Prosperity Joint Stock Commercial Bank.