Fintech startup MFast raises $6M

The round was led by Singapore’s Wavemaker Partners, and also joined by Thailand’s Finnoventure Fund I and the U.S.’s Headline Asia along with some earlier investors.

This brings its total funding so far to $10 million.

MFast, established in 2017, helps connect financial and insurance institutions with consumers through a network of 160,000 associates who introduce and advice customers on financial products for a commission.

It said the number of associates who recorded an income in the first half of this year increased by 62% year-on-year.

It is now present all across Vietnam and plans to expand to the Philippines next year.