24 February, 2023
Vietnam Oman Investment (VOI), a joint venture fund between the two governments, is investing in Vietnam-based financial services firm F88’s new funding round, according to persons privy to the matter.
The investment could be at least $30 million, said one of the persons.
Edited by: Joymitra Rai
Printed by Unregistered user on Tue, 28 Mar 2023 18:42:27 GMT
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Prior to F88, Lending Ark provided a $50 million loan to FE Credit.
SEACEF is a Singapore-based fund managed by Clime Capital
The investment will help Nam A Bank expand its SME loan portfolio.
The investment entails an equity investment of up to $15m and a grant of up to $3m.