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3716

Phan Thanh Long

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Phan Thanh Long
CEO & Co-Founder of
MFast (2011)
About

Phan Thanh Long is Co-Founder and CEO of MFast (DigiPay JSC), Vietnam's leading digital-enabled direct sales agent network for financial services, operating across all 63 provinces in Vietnam and expanding into the Philippines.

Before founding

Long grew up in Binh Phuoc, a rural town near the Cambodian border, where he experienced firsthand the lack of access to financial services; he later studied at UEH International School of Business and brings over 16 years of entrepreneurial experience in the tech industry.

Founder Insights

Driven by a mission to bridge Vietnam's financial inclusion gap, Long co-founded MFast alongside his twin brother Phan Thanh Vinh after running a call centre system connecting banks with customers, which inspired the agent-based fintech model.

Experience

MFast has raised a total of $10M across 3 funding rounds, including a $6M Series A led by Wavemaker Partners in August 2023, with backing from Krungsri Finnovate, Headline Asia, Do Ventures, JAFCO Asia, and Ascend Vietnam Ventures.

Scale & Impact

At the Asia Fintech Awards 2024 in Singapore, Long was named Innovator of the Year while MFast was named Startup of the Year; the platform has served nearly 2 million end-consumers through a network of 160,000 active agents across Vietnam and the Philippines.

3716

Phan Thanh Long

MFast
Co-Founder & CEO
Logo
Phan Thanh Long

Company(s)

MFast

Industry

Fintech

Stage/Funding

N/A

Company Location

id

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About

Phan Thanh Long is Co-Founder and CEO of MFast (DigiPay JSC), Vietnam's leading digital-enabled direct sales agent network for financial services, operating across all 63 provinces in Vietnam and expanding into the Philippines.

Before founding

Long grew up in Binh Phuoc, a rural town near the Cambodian border, where he experienced firsthand the lack of access to financial services; he later studied at UEH International School of Business and brings over 16 years of entrepreneurial experience in the tech industry.

Founder Insights

Driven by a mission to bridge Vietnam's financial inclusion gap, Long co-founded MFast alongside his twin brother Phan Thanh Vinh after running a call centre system connecting banks with customers, which inspired the agent-based fintech model.

Experience

MFast has raised a total of $10M across 3 funding rounds, including a $6M Series A led by Wavemaker Partners in August 2023, with backing from Krungsri Finnovate, Headline Asia, Do Ventures, JAFCO Asia, and Ascend Vietnam Ventures.

Scale & Impact

At the Asia Fintech Awards 2024 in Singapore, Long was named Innovator of the Year while MFast was named Startup of the Year; the platform has served nearly 2 million end-consumers through a network of 160,000 active agents across Vietnam and the Philippines.

About

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