Fintech

First Circle raises fund to kickstart its plan beyond the Philippines.

The country’s most ubiquitous payment solution is now making it easier for merchants to receive QR code payments without a terminal.

Tima will use the latest funds to grow its footprint across Vietnam, further develop its technology offerings, and increase hiring efforts.

The app description on the Google Play Store notes that its “account opening and transactional processes are fully compliant with Singapore regulatory requirements”.

Going forward, Moka aims to use the new funds to become a one-stop platform or ecosystem for companies.

Users can apply for loans by filling out a single application form.

Often overlooked, Vietnam is home to one of the region’s silent unicorns, VNG. And there are other factors that make this country stand out.

For the first time, NETS services will become available outside of the Southeast Asian city-state.