Left to right: Stag co-founders Vu Nguyen, Bang Tran
Vietnam-based financial education startup Stag announced that it had been selected to participate in the inaugural Entrepreneur-in-Residence (EIR) programme managed by Viet Capital Ventures (VCV) which also includes an investment in the startup.
Alongside VCV, NH Securities Vietnam Co. Ltd. (NHSV) and Singapore-based Resolution Ventures also invest in a seed funding round for the company.
This year, with the funding, Stag plans to continue enhancing financial education features while also launching new value-added products for retail and corporate users. It also plans to enhance KYC and security features and complete technology integrations with key strategic partners.
Furthermore, Stag is actively seeking collaborations with universities and educational organisations to promote and raise awareness of financial literacy in Vietnam.
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As investors, the firms provide strategic support in technology, market insights, and compliance for Stag to achieve its growth objectives.
“We are delighted to collaborate with VCV, NHSV and Resolution Ventures through the EIR programme. Stag’s vision is to become a trusted investment platform suitable for everyone, especially young investors. With the support of reputable partners, Stag will pave the way for sustainable investment methods and contribute to financial growth and prosperity for all,” said Stag founder Bang Tran in a press statement.
Co-founded by Bang Tran (former Senior Manager of FinVolution Group in Vietnam) along with Vu Nguyen (former AI Engineer Lead at MOMO) and joined by Dat Huynh (ex-founder of travel tech platform Inspitrip), the company’s mission is to empower young individuals and new investors with fundamental knowledge, smart investment planning, and realisation of financial goals.
Through Stag, individuals will have access to a wealth of knowledge about financial management, intuitive investment practice tools, and gamified content based on real-time market data developed by its AI engineering team.
The company also builds tools for corporate clients to customise and manage investment programmes as part of HR services.
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Image Credit: Stag
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