Vietnamese B2B firms Sapo Technology, KiotViet in talks to raise funding

Vietnamese B2B firms Sapo Technology, KiotViet in talks to raise funding

Hanoi, Vietnam. Photo: Florian Wehde

B2B companies in Vietnam such as Sapo Technology and KiotViet, among others, are looking to raise capital as they carve out their expansion plans to widen their technical support to small and medium enterprises (SMEs) in the country.

“We are looking to raise about $10-15 million,” Sapo Technology founder & CEO Tran Trong Tuyen told DealStreetAsia. The proposed corpus will help the startup develop merchant solutions to support sales processes such as payment, logistics, and finance.

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