What is F88?
F88 is a leading Vietnamese financial services company established in 2013 and headquartered in Hanoi. It specializes in secured lending, offering accessible and transparent financial solutions to individuals and small businesses. With a network of nearly 900 branches across Vietnam, F88 provides collateral-based loans, insurance products, and bill payment services, focusing on serving the unbanked and underbanked populations. The company's commitment to financial inclusion has been a key driver of its growth and market penetration.
How much funding has F88 raised?
F88 has raised a total of $150M across 4 funding rounds:
Debt
$10M
Debt
$60M
Series C
$50M
Debt
$30M
Debt (2022): $10M with participation from Lendable
Debt (2022): $60M led by Lending Ark
Series C (2023): $50M supported by Vietnam-Oman Investment Fund and Mekong Capital
Debt (2025): $30M featuring Lendable
Key Investors in F88
Mekong Capital
Mekong Capital is a Vietnam-focused private equity firm specializing in consumer-driven businesses, known for investing in market-leading companies and driving growth through deep local insights and a commitment to positive environmental and social impacts.
Lendable
Lendable is a UK-based company founded in 2014 that provides consumer loans by connecting borrowers with investors, utilizing technology to streamline credit decisions and offer instant, personalized interest rates.
Vietnam-Oman Investment Fund
The Vietnam-Oman Investment Fund is a significant backer in F88's funding rounds, contributing to the company's expansion in the Vietnamese financial services sector.
What's next for F88?
The recent major strategic investment and F88's listing on the Unlisted Public Company Market (UPCoM) indicate a strong trajectory for scaling operations and potentially expanding its service offerings. This enterprise-level funding will likely fuel further network expansion, technological advancements in its lending platforms, and enhanced product development to better serve its target demographic. F88's strategic focus on accessibility and transparency positions it for continued leadership in Vietnam's alternative financial services market.
See full F88 company page
