Vietnam based digital banking startup raised $20m in new funding led by Square Peg.
Tushar Roy, Square Peg Southeast Asia Partner said: “We have been impressed by the Timo team’s vision to transform banking in Vietnam. In a market with almost no other independent, digital-native players - Timo stood out from the crowd. It is a mission-oriented team aligned around creating beautiful experiences for customers and bringing more people in Vietnam into the financial ecosystem. We are excited to support Timo on its journey.”