Yangon financing platform Daung Capital raises capital for ongoing Series A round

Yangon financing platform Daung Capital raises capital for ongoing Series A round

Downtown Yangon. Photo: Juliet Shwe Gaung/DEALSTREETASIA

Daung Capital, a Yangon-based financing platform, has raised capital for an ongoing Series A financing round, according to its founder.

Daung Capital extends credit for the purchase of products like motor vehicles or electronics through a rent-to-own model. Targeting the working class, the company also provides advanced credit to salaried workers and education loan to workers.

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