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Timo

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Banking services in vietnam

Saigon, VietnamFounded 2015Fintech
Valuation $100–250M Last recorded · 2023
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Timo and the history behind them.

About Timo

Timo Digital Bank is a pioneering digital banking platform in Vietnam, designed to provide comprehensive financial services through a user-friendly mobile application. Catering to tech-savvy individuals and modern consumers, Timo offers a range of services including 24/7 money transfers, online payments, debit and credit cards, and financial management tools. The bank operates in the rapidly growing digital banking market, leveraging technology to offer convenience and efficiency. Timo's business model focuses on providing seamless banking experiences without the need for physical branches, thereby reducing operational costs and enhancing customer satisfaction. Revenue is generated through transaction fees, foreign exchange rates, and partnerships with various service providers. Timo also offers exclusive deals and rewards through its Timo Star Club, encouraging customer engagement and loyalty. The bank's strategic partnership with Viet Capital Bank ensures a robust financial backbone, enabling it to offer a wide range of savings, investment, and borrowing solutions.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2015
Headquarters
Saigon, Vietnam
Employees
237
Open positions
13
Dealroom signal
68.9/100
Industry
Fintech
Sub-industry
Banking
Sector
Fintech, Challenger Bank
Client focus
b2c

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Mar 2026 $0 — Kredivo Group ↗
LATE VC✓Equity / VC Jul 2023 $10M $100M Undisclosed ↗
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

Timo website traffic

Latest recorded traffic for Timo is 260K monthly website visits, down 3.7% over the last three months. Timo's team declined 0.8% over the past year.

Latest monthly visits260K 3-month web change-3.7% 1-year team growth-0.8%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later6 investors entered at this stage

  • Square Peg Capital
  • Square Peg Ventures
  • Granite Oak
  • Jungle Ventures
  • Phoenix Insurance Company
  • Kredivo Group

Other known investors1 additional known investor

  • VinaCapital Ventures
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇻🇳 Vietnam · Saigon HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Timo on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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