Editor’s note: This story was updated to reflect that the company’s Series A round includes the issuance of shares worth $500,000 to Y Combinator as part of a SAFE agreement. The headline of a previous version only mentioned the fresh equity funding raised in the round.
Vietnam-based earned wage access startup GIMO has raised $4.6 million in fresh equity funding led by Southeast Asia-focused venture capital firm TNB Aura, according to regulatory filings.
The company is also issuing Series A shares to two Y Combinator entities as part of a previous simple agreement for future equity (SAFE) agreement worth $500,000. This brings its Series A total to $5.1 million.
GIMO offers on-demand payroll services for blue-collar workers.
