Infina is a retail investing app that makes it easy for young, tech-savvy Vietnamese to start their investing journey with minimal risk.
Vietnam has a young population of 97 million that is made up mostly of Millenials and Gen Z, many of whom are seeing increased incomes and have an appetite for investing. The Vietnamese stock market added more than one million new brokerage accounts in 2021, bringing the total to over four million. The number of Vietnamese participating in crypto, estimated at around five million, is even greater.
Infina aims to democratise investing by making investing accessible for everyone, regardless of income group, and caters to underserved people whose needs have not yet been well-addressed by larger financial institutions. Infina is a ‘one-stop shop’ mobile app for numerous investment products including stocks, securities and real estate. It also allows its customers to invest in their offerings via other e-wallets and e-commerce platforms. Infina’s platform fractionalises high-minimum investment products to smaller amounts, as little as $25.
Infina was founded by James Vuong, a Silicon Valley engineer turned SE Asia VC investor, turned serial entrepreneur. He previously founded Lana Group, which was acquired by LINE Corp. Prior to that, James was VP of Investment and Kauffman Fellow at IDG Ventures. He received his MBA in Technology Management from UC Berkeley Haas School of Business and BSc in Electrical Engineering and Computer Science from UC Berkeley.