The big picture: Singapore-headquartered Finan, known for its SoBanHang small-business management platform in Vietnam, has secured $3.8M in a Pre-Series A funding round. The investment will primarily scale Finan One, the company’s AI-native business and finance operating system.
Why it matters:
- Digitization drive: Vietnam is rapidly digitizing its estimated five million businesses through mandatory e-invoicing, real-time tax reporting, and digital banking, creating a fertile ground for new financial infrastructure.
- Market opportunity: The rapid adoption of digital payments, e-invoicing, and accounting systems by Vietnam’s SME sector presents a direct path for businesses to embrace advanced operational and financial tools.
- Established base: Finan currently serves over 800,000 active business users and has processed more than $5 billion in transaction volume, positioning it as a significant SME operating platform in Southeast Asia.
How it works:
- AI-native OS: The funding will accelerate Finan One, an AI-native business and finance operating system built upon SoBanHang’s existing transaction data infrastructure.
- Automated workflows: Finan plans to leverage AI to simplify operational and financial workflows for SMEs, automating repetitive tasks and enabling faster, data-driven business decision-making.
- Expansion strategy: The investment will also support the integration of embedded financial services, foster additional banking partnerships, and drive regional expansion into other Southeast Asian markets.
The catch: While Finan boasts a significant user base, the rapidly digitizing Vietnamese SME market is attracting numerous fintech players. Sustaining growth and fending off competition will be key as it expands regionally and integrates more complex AI functionalities.
Key Facts
- Company: Finan
- Amount: $3.8M
- Round: Pre-Series A
- Investors: OSK-SBI Venture Partners, Trihill Capital
- Founder: Bui Hai Nam
- Announced: 2026-05-13
- Sector: Fintech
- Headquarters: Singapore
