Finhay is a wealth management platform that enables individual investors to micro-invest in mutual funds through a user-friendly mobile application. By simplifying access to investment opportunities, Finhay addresses the challenge of low participation in the investment market among Vietnamese consumers.
Funding
$26.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many Vietnamese retail investors face challenges accessing investment opportunities due to a lack of user-friendly platforms and limited financial knowledge. This results in low participation in the investment market, hindering wealth accumulation for individuals.
Solution
VNSC by Finhay is a wealth management platform that provides Vietnamese users with tools, methods, and knowledge to make effective investment decisions. The platform offers an intuitive mobile application that simplifies access to various investment products, including stocks and mutual funds. VNSC Academy provides educational resources to equip investors with the necessary knowledge, while Auto Invest helps users maintain investment discipline through an automated, average-cost approach. The platform also facilitates direct ownership of fund certificates from leading Vietnamese investment funds, enabling portfolio diversification based on individual risk profiles.
Target Audience
The primary target audience is semi-professional Vietnamese investors with income from their primary job who want to grow their assets through investing but have limited time to monitor the market and limited investment knowledge.
Features
- Mobile application with an intuitive interface for easy trading and asset management
- VNSC Academy, offering structured investment knowledge with expert insights
- Auto Invest tool for automated stock purchasing based on a pre-set plan, promoting disciplined investing
- Direct access to fund certificates from top Vietnamese investment funds
- Portfolio diversification options based on risk appetite and fund investment strategies
- Compliant with regulations from the State Securities Commission
- Platform for both new and semi-professional investors