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February 8, 2022

Vietnamese investment app Infina secures $6m seed funding

Infina , a Vietnam-based retail investment app, has raised $6m through a seed funding round to scale up its technology and increase its employee headcount to accelerate its growth.

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How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

Y Combinator, Sequoia Capital India’s Surge, Starling Ventures, Saison Capital, AppWorks, and Alpha JWC were amongst the investors in the round.

It also saw participation from backers of Robinhood, Coinbase and other similar startups in other markets, according to a report by The Business Times.

Launched in January last year, Infina raised $2m as part of an oversubscribed seed funding round from investors including Venturra Discovery, 500 Startups, 1982 Ventures, and Nextrans.

Infina app allows users to invest in a spectrum of asset classes, including fixed-income products, mutual funds, and stock trading, with a minimum amount of $22.

It also offers access to fractionalised investment products in a bid to enable users to invest in a diverse portfolio of assets with low minimum amounts.

Infina founder and CEO James Vuong said: “Infina’s mission is to empower the rise of retail investors to participate in existing and emerging asset classes so that everyone has a real stake in the economy and prosperity of the country.”

Recent developments in investment space

In December last year, US-based alternative investment platform YieldStreet announced a new private equity strategy that provides retail investors direct access to equity investments in alternative asset managers.

In November, Stratiphy, an investment app using Robo-advisory tech, joined forces with wealthtech firm WealthKernel, to launch its investment app in the UK this year.

The same month, British investment platform AJ Bell rolled out an app-only investment platform, offering individual savings account, lifetime ISA, pension, and general investment account to retail investors.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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