Loading organizations...
§ Private Profile · Ho Chi Minh City, NA - Vietnam, Vietnam
Wealthtech platform providing high-yield savings and investment solutions for Vietnamese users, focused on personal finance and asset growth.
1Long is a fintech wealth management platform based in Ho Chi Minh City, Vietnam, that provides application-based savings and investment products for retail investors. The platform allows users to begin investing with a minimum of 10,000 VND, offering flexible cash products that generate annual returns up to 6.6% and long-term deposit rewards up to 9%. Operating as a business-to-consumer wealthtech provider, the company generates revenue through asset management fees and interest margins. The startup has reported a 140% month-over-month growth in funded accounts alongside a 90% account retention rate. To support its expansion and technology development, 1Long secured $500,000 in a pre-seed funding round backed by venture capital firms Iterative, Monk’s Hill Ventures, R2VP, and Orionis Capital. The company was founded in 2023 by Michael Do, Hoang Nguyen, and Joshua Hong.
1Long has raised $500K across 1 funding round.
1Long has raised $500K in total across 1 funding round.
1Long has raised $500K across 1 funding round. Most recently, it raised $500K Pre-Seed in February 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 27, 2024 | $500K Pre Seed | — | HSU KEN OOI, Orionis Capital, R2vp | Announced |
1Long has raised $500K in total across 1 funding round.
1Long's investors include Hsu Ken Ooi, Orionis Capital, R2VP.