Vietnam-based financial services firm F88 raises $6m from existing backers

Vietnam-based consumer lending firm F88 has raised about 140 billion dong ($6 million) from existing investors Mekong Capital and Granite Oak to reach a valuation of 2.1 trillion dong ($91 million).

The follow-on capital injection will help F88, which operates 180 stores currently, expand its branch network, said the company’s chairman and CEO Phung Anh Tuan.

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