The five-year-old firm plans to use the fresh funds to scale up its payment infrastructure, venture into new markets and product segments, and make strategic acquisitions.
Vietnammm was one of the earliest players in Vietnam’s food delivery scene and has been the preferred choice of the expat communities in Hanoi and Ho Chi Minh City.
The digital insurance marketplace is looking to go public next year, the ongoing fundraising is in line with its plans to raise about USD 250 million at a valuation of USD 2 billion before Sept. 2021.