About MFast
MFast is a company based in Ho Chi Minh City (Vietnam) founded in 2017 by Phan Thanh Long and Phan Thanh Vinh. MFast has raised $10 million across 3 funding rounds from investors including Wavemaker Partners, Ascend Vietnam Ventures and JAFCO Asia. MFast offers products and services including Financial Consulting, Insurance Products, Loan Facilitation, and E-wallet and Banking. MFast operates in a competitive market with competitors including Noyo, Px, GoHealth, Zelros and Joshu, among others.
- Headquarter Ho Chi Minh City, Vietnam
- Founders Phan Thanh Long, Phan Thanh Vinh
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Công Ty Cổ Phần Giải Pháp Thanh Toán Số (Digipay Jsc.)
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$10 M (USD)
in 3 rounds
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Latest Funding Round
$6 M (USD), Series A
Aug 29, 2023
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Investors
Wavemaker Partners
& 5 more
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Employee Count
Not available
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Products & Services of MFast
MFast offers a comprehensive portfolio of products and services, including Financial Consulting, Insurance Products, Loan Facilitation, and E-wallet and Banking.
Platform for advising on loans and credit cards to consumers.
Services offering various insurance policies for personal assets.
Assistance in securing consumer loans through partnerships.
Tools for digital banking and electronic wallet integrations.
Funding Insights of MFast
MFast has successfully raised a total of $10M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in August 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in MFast
MFast has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Wavemaker Partners, Ascend Vietnam Ventures and JAFCO Asia.
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Investments in early-stage technology companies are made by Wavemaker Partners.
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Investments in early-stage tech startups are made by JAFCO Asia.
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Investments are made in early-stage tech startups across multiple sectors.
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Investor details for MFast
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Investments & Acquisitions by MFast
Investment portfolio details for MFast
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Financial Statements - MFast
Detailed financials for MFast
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Mfast Comparisons
Peer comparison for MFast
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of MFast
MFast operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Noyo, Px, GoHealth, Zelros and Joshu, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Insurance data exchange and benefit administration solutions for employers
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Lead exchange platform is operated as SaaS for advertisers.
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Healthcare insurance solutions are offered via a digital platform.
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AI-based solutions for insurance sales and marketing are provided.
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Digital distribution and sales solutions for insurance carriers are provided.
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Detailed competitors of MFast
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Latest news on Mfast
Complete news archive for MFast
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Frequently Asked Questions about MFast
MFast was founded in 2017 and raised its 1st funding round 4 years after it was founded.
MFast is headquartered in Ho Chi Minh City, Vietnam.
Phan Thanh Long is the current CEO of MFast. They have also founded this company.
MFast is a funded company, having raised a total of $10M across 3 funding rounds to date.
MFast was founded in 2017 and is headquartered in Ho Chi Minh City, Vietnam. An automated platform for sales and commission payments in the insurance and financial sectors is operated. Commissions are matched and disbursed automatically following successful transactions. A mobile application supporting these functions is offered on both Android and iOS devices, facilitating operations in the fintech space.
MFast offers Financial Consulting, Insurance Products, Loan Facilitation, and E-wallet and Banking.
MFast has 6 investors. Key investors include Wavemaker Partners, Ascend Vietnam Ventures, JAFCO Asia, Headline, and Do Ventures.