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Vietnam’s Leading Digital Bank Timo Secures $20 Million Fresh Funding Led By Square Peg

Published by
The Street

By PR Newswire HO CHI MINH CITY, Vietnam, Jan. 5, 2022 /PRNewswire/ — The investment round is led by Square Peg, a leading global VC firm whose investments include unicorns such as Canva, FinAccel and Airwallex. Other participants are Jungle Ventures, Granite Oak, FinAccel, Phoenix Holdings (existing investor) and other super angels. How Timo is redefining banking in Vietnam Established in 2015, Timo is Vietnam’s first digital bank and has steadily evolved to become the country’s leader in digital banking. In 2019, the bank announced a strategic partnership with Viet Capital Bank, further acc…

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