Vietnamese neobank Timo raises $20m in Square Peg-led round

Vietnamese neobank Timo raises $20m in Square Peg-led round

Vietnam-based neobank Timo has raised $20 million in an investment round led by Square Peg, which has backed a spate of fintech players such as FinAccel, StashAway, Pluang and Airwallex across Asia.

Timo is aiming to leverage the lead investor’s fintech expertise to ramp up its operations.

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