YKVN advised Masan Group in its US$65M investment in AI Fintech “Trusting Social”
May 27, 2022
YKVN advised Masan Group Corporation (“Masan”) in its investment in Trusting Social JSC, a Singapore and Vietnam-based credit scoring startup (“Trusting Social”).
The US$65 million investment is implemented through The Sherpa Company Limited, a subsidiary of Masan for the initial close of its Series C round.
Trusting Social is an AI TechFin company aspiring to democratize financial services and promote financial inclusion through AI-based consumer insights and embedded finance providing credit insights covering over a billion consumers to over 170 financial institutions across Vietnam, Indonesia, India, and the Philippines.
More about the transaction: Trusting Social raises $65m Series C from unit of Vietnam’s Masan (dealstreetasia.com)
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