Vietnam's F88 lender receives $ 6 million in new capital from Mekong Capital and Granite Oak Both companies have already invested in F88 in 2017 on condition of anonymity.

F88 was first launched as a pawn shop in 2013. The company currently has more than 180 pawn shops across Vietnam and is lending to buy cars, motorcycles, mobile phones, computers and jewelry that can be operated both in-store and through their app and website. The new capital that F88 has just received will be used to expand more branches in the country.

The new capital of $ 6 million makes F88 worth a total of $ 91 million. In early March 2020, F88 was also ready to raise $ 8.5 million from the sale of its bonds.