What is Fvndit?
Fvndit is a USA- and Vietnam-based fintech company, focused on solving the working capital problem for SMEs. The company is post-revenue and fully operational. The team is comprised of software engineers, UX/UI designers, data analytics experts, trade finance analysts, and banking veterans across 2 locations: Irvine, CA and HCMC, Vietnam. Trade finance is an age-old industry dominated by banks that focus on large, established corporate customers. Fvndit is using technology to re-build core parts of the business funding infrastructure and make the underwriting and financing seamless for small businesses. Our main product is post-invoice financing. Our wholly-owned subsidiary, eLoan, JSC (https://eloan.vn), operates an online Peer- to-Peer (P2P) funding and investing marketplace in Vietnam, our current local market. eLoan was launched in late 2017 and has facilitated over $5M USD in loan disbursements with zero loan loss. Going forward, we’re aiming to offer additional SME-focused financial technology services in Vietnam as well as in other countries in SE Asia where economic growth is expected to remain strong for decades to come. Our mission is to level the playing field for small businesses located in emerging markets and to provide them with simplified financial services at the click of a button.