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There’s a large education gap in Vietnam between urban centers, which have access to more resources, and the smaller cities and rural areas where 80% of students live. Before founding Edupia, Hung spent 10 years as director of digital services at Viettel, the largest telco in Vietnam.
CoderSchool, a Ho Chi Minh City, Vietnam-based online coding school startup, announced today $2.6 The company, founded in 2015 by Charles Lee and Harley Trung, who previously worked as software engineers, pivoted from offline to online in early 2020 to bring high-quality technical training to everyone, everywhere. pre-seed round.
Kilo , a Vietnam-based B2B e-commerce platform that connects wholesalers with micro, small and medium enterprises (MSMEs), wants to digitize the local retail value chain via technology. “In The startup retained thousands of MSMEs in 24 provinces across Vietnam, Ryan Wilber, Kilo’s head of product and engineering said.
Ascend Money will use the proceeds to grow its e-wallet application – TrueMoney Wallet – and expand its digital financial services ranging from digital lending and digital investment to cross border remittances in Southeast Asia. Apart from e-wallet, we are an agent-based payment and remittance service provider.
Fairbanc will use its new funding on expanding in Indonesia, and exploring new markets like Vietnam and the Philippines in partnership with Unilever. Fairbanc also received previous investment from East Ventures, 500 Global and Michael Smapoerna.
Vietnam’sdigital economy is one of the fastest growing in the world, but the country is facing a growing shortage of IT workers. Many kids want to study coding, but school curriculums are limited, said Tung Nguyen, the co-founder of MindX , an online/offline education platform that focuses on preparing students for tech careers.
With COVID-19 prompting many to digitize, startups that focus on SMEs have been raising large rounds of funding to scale up quickly. KoinWorks is headquartered in Jakarta, with holding in Singapore and tech offices in Yogyakarta, India and Vietnam. KoinWorks is the latest. There’s still a lot of room for improvement”.
Before launching IDEAL, Surjaudaja was former head of operations strategy at digital payment service OVO. Surjaudaja said that traditional retail banks offer a relatively poor digital experience for their consumer lending products, making them less accessible. IDEAL’s digital platform seeks to solve these challenges.
“This is also coupled with the fact that last year, the COVID-19 pandemic has driven a significant increase in demand for digital payments and financial services across Indonesian rural areas, creating a huge growth opportunity for us,” Liu added. Payfazz uses payment infrastructure developed by Xfers to accept digital payments.
But it’s something that’s not available in developing countries like Indonesia,” where many companies still conduct research offline despite its very high smartphone engagement rates.
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