Nano Raises US$6.4M in Pre-Series A Funding

Mr. Thang Nguyen, Co-Founder & CTO  and Mr. Dzung Dang, Co-Founder & CEO of Nano

Nano, a Hanoi, Vietnam-based Earned Wage Access (EWA) provider, raised US$ 6.4M (~VND150 billion) in pre-Series A funding round.

The round was led by Openspace. New investors that participated include Partech Partners, Tekton Ventures, KVision, IT Farma and Sketchnote Partners. Existing backers Golden Gate Ventures, FEBE Ventures, FJLabs, Venturra, TO Ventures, ACE & Company and Goodwater Capital also joined. 

Led by Mr. Thang Nguyen, Co-Founder & CTO, and Mr. Dzung Dang, Co-Founder & CEO, Nano is building a complete financial and flexible benefits platform for low-income workers, supporting them in the cost of living crisis. The company is already working with some of the country’s most pioneering employers, enabling thousands of workers to access on-demand salary payments through its flagship app, Vui. Vui App allows workers to access their wages instantly when needed and provides employers with a new flexible benefits platform to make them engaged.

Nano has over 100.000 workers from corporations such as FPT Retail, Central Retail, GS25, Family Mart, Kangaroo, Truong Thanh Furniture already being granted access to their earnings through Vui App.

Going forward, the company will target large enterprises in the manufacturing sector, with a focus on garment, shoes, electronics and wood manufacturing and will also look to expand its solutions to become a complete flexible benefits platform for low-income workers.