# Anfin Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/anfin-co

- Industry: Software
- Headquarters: Ho Chi Minh City, Vietnam
- Website: www.anfin.vn
- Total disclosed funding: $1.2M
- Latest round: Seed (Jan 4, 2022)
- Investors on record: 4

## About

Anfin Co., Ltd is a financial technology company that specializes in providing an investment platform for beginners, enabling users to accumulate assets through accessible financial solutions.Founded in 2021 by Hiep Nguyen, Phuoc Tran, and Yvonne Gupton, Anfin Co., Ltd operates from its headquarters in Ho Chi Minh City, Vietnam. The company has recently shifted its focus towards enhancing its mobile investment platform, securing USD 4.8 mn in funding on June 22, 2022, from investors including AngelHub Ventures and First Check Ventures. Anfin has completed a total of 5 deals, with the latest funding round contributing to its growth strategy.Anfin is positioned as a premier investment platform specifically designed for beginners, facilitating asset accumulation through accessible financial solutions. The core offering is a user-friendly mobile application that allows individuals to start investing with as little as 10,000 VND. This platform incorporates features such as an AI-powered investment assistant, Anah, which provides personalized investment advice and tools to help users make informed decisions. Anfin targets a diverse clientele, including novice investors in Vietnam who are looking to grow their wealth sustainably, particularly in the fintech landscape. The company aims to simplify the investment process, enabling users to earn returns even during non-active periods, thereby addressing the needs of individuals who may lack experience or time for active investment management.Anfin's revenue for the most recent year, 2023, is reported at USD 51,092.1, while the EBITDA for the same year stands at USD -310,680.1. The firm's revenue model is primarily driven by transaction fees associated with investment activities on its platform. Users engage with the service through a straightforward fee structure that incentivizes both individual and community-based investment strategies. The firm generates revenue through direct transactions between its users and various financial instruments, potentially including mutual funds or stocks, facilitated via the app. The pricing structure is designed to be transparent and accessible, encouraging higher user engagement and retention.Anfin Co., Ltd plans to leverage its recent funding of USD 4.8 mn raised in June 2022 to enhance product development, particularly by introducing social investment features, such as live audio rooms. The company is also considering expansion into new markets, although specific regions and timelines have not been disclosed. The majority of the funding will be utilized to support the development of these innovative features aimed at improving user engagement and satisfaction.

## Funding rounds

- Seed, Jan 4, 2022, $1.2M — Global Founders Capital, Goodwater Capital, XA Network, First Check Ventures

## Investors

- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed
- Goodwater Capital (https://capitalatlas.ai/funds/goodwater-capital) — Seed
- XA Network (https://capitalatlas.ai/funds/xa-network) — Seed
- First Check Ventures (https://capitalatlas.ai/funds/first-check-ventures) — Seed