Social fintech startup Gimo receives seed capital from ThinkZone Ventures and BK Fund

Gimo, Vietnam’s fintech start-up serving workers with low bank accounts, has secured seed funding from ThinkZone Ventures, BK Fund and other strategic angel investors.

HANOI, HANOI, VIETNAM, March 23, 2021 / – Gimo, Vietnam’s fintech startup serving low bank account workers, announced today that it has secured an undisclosed amount of seed capital from ThinkZone Ventures, BK Fund and other strategic angel investors.

Gimo was founded at the end of 2019 by the two millennial co-founders Nguyen Van Ngoc and Nguyen Anh Quan and would like Vietnamese professionals to join Access to paid wages (EWA), that is, instant access to their earned income before a scheduled payday.

“As an early investor in Gimo, ThinkZone Ventures is excited to share the same goal with BK Fund and other strategic angel investors. We see attractive market opportunities for Gimo and the EWA platform. More importantly, we really appreciate the difference they are making for the under-banking community. Gimo will have our full support to democratize this solution and contribute to the financial integration of Vietnam in the future, ”said Bui Thanh Do, founding partner of ThinkZone.

According to the World Bank’s 2017 Global Findex Database, nearly two-thirds of Vietnam’s adult population do not have a bank account or have limited access to a formal credit system, the highest percentage in Southeast Asia. Often times, they rely on costly financial services like overdrafts and payday loans to handle their cash flow emergencies.

“As one of the EWA pioneers in Vietnam, Gimo hopes to fill the niche by addressing the unmet financial needs of tens of millions of workers out there while increasing their job security, financial well-being and loyalty.” Said Nguyen Anh Quan, Co-founder and CEO of Gimo. “It’s a win-win game for employees and employers. Rounded personnel services help to reduce turnover rates and personnel-related costs such as recruitment and training costs. Happy employees create successful companies! ”He added.

In the early stages, Gimo users could request Income prepayment and track earnings through a mobile app integrated with your company’s HR and payroll systems. All transactions are carried out in real time and transparently.

In the future, the company plans to develop and operate a super app for payroll that will serve multiple parties such as employers, banks and financial institutions, retailers, insurance companies, etc. financial management.

“We are very proud that more and more fintech startups like Gimo are dedicating themselves to solving pressing social problems,” said Pham Dinh Doan – chairman of the Phu Thai Group and chairman of the BK Fund, a venture capital fund of the Hanoi University of Science and Technology. “BK Fund is looking forward to working with Gimo’s team to expand their reach and impact through our affiliated alumni, business and partner networks in Vietnam.”

About Gimo
Founded in 2019, Hanoi-based fintech company Gimo provides Vietnamese workers with underserved Vietnamese workers Earned Wage Access (EWA) and other payroll services. The company aims to tap into millions of unbanked or limited access to financial services workers to help them alleviate financial stress and build financial security, driving financial inclusion in Vietnam and the region. For more information, please visit

About ThinkZone Ventures
ThinkZone Ventures is ThinkZone’s early stage venture capital investment arm. ThinkZone is an ecosystem that supports entrepreneurship and innovation with 3 departments including ThinkZone Ventures, ThinkZone Innovation Lab including Startup Academy – to equip startups with a comprehensive set of expertise and skills, and Corporate Innovation – to drive innovation in companies and ThinkZone Accelerator , an acceleration program where ThinkZone selects and leverages potential technology startups. For more information, please visit

About BK Fund
BK was founded in 2020 and is a venture investment fund of the Hanoi University of Science and Technology (HUST) with the aim of supporting potential startups in Vietnam with ticket volumes of up to one million US dollars. HUST, one of Vietnam’s oldest universities, has spawned the development of many technology entrepreneurs and large corporations such as Phu Thai Group, Austdoor Group, MISA, BKAV, AhaMove and GotIt. For more information, please visit

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