MFast Raises $6M Series A

MFast, based in Ho Chi Minh City, Vietnam, is a fintech startup that operates an agent-driven marketplace for financial services. The company has raised $6 million in Series A funding to scale its operations and expand its footprint into the Philippines.

Investors

The round was led by Wavemaker Partners, with participation from Headline Asia, Finnoventure Fund I (managed by Krungsri Finnovate), Do Ventures, Jafco Asia, and Ascend Vietnam Ventures.

MFast Use of Funds

MFast plans to use the new capital to design bespoke credit products for segmented customer groups and to facilitate the launch of its agent-based distribution model in the Philippines.

About MFast

Founded in 2017 by twin brothers Phan Thanh Long and Phan Thanh Vinh, MFast is a unit of the startup DigiPay. The company provides a mobile software platform that enables individuals to act as commissioned sales agents, connecting consumers in lower-tier cities with insurance policies, consumer loans, and banking products.

Funding Details

Company Website: https://mfast.vn

Company: MFast
Raised: $6M
Round: Series A
Funding Date: August 31, 2026
Lead Investor: Wavemaker Partners
Additional Investors: Headline Asia, Finnoventure Fund I, Do Ventures, Jafco Asia, Ascend Vietnam Ventures
Software Category: Fintech
Source: https://retailnews.asia/vietnam-fintech-mfast-raises-us6-million-to-fund-philippines-expansion