Infina, a Singapore-based retail Vietnam-focused investing app provider, raised US$6M in Seed funding.
Backers included Sequoia Capital India’s Surge, Y Combinator, Saison Capital, Starling Ventures, Alpha JWC, AppWorks, Robinhood, Coinbase.
The company intends to use the funds to accelerate growth and expand operations.
Led by James Vuong, founder and CEO, Infina provides a retail investing app for the young population, which currently offers products including stocks, securities and real estate. Through the app, users can choose from a wide range of asset classes, from fixed-income products to mutual funds, and more recently stock trading. Products are fractionalised, so users can now invest in a diverse portfolio of assets with low minimum amounts. Infina is also making investing widely available to everyone by growing its presence across third party ‘super’ apps. For example, users can now access Infina’s investing products via the popular e-commerce app Tiki.
The app is available for both Android and iOS devices.
Infina is part of Surge’s sixth cohort of 20 companies that build solutions to help consumers and businesses adapt to a changing world.
FinSMEs
09/02/2022