GIMO (YC W22), founded in 2019, is a rising player in the Financial Services and Fintech industries, headquartered in Vietnam. The company's mission is encapsulated in its slogan: "Live better. Work happier."
GIMO focuses on improving the financial wellness of the financially underserved population in Vietnam, primarily through their on-demand pay service. Currently, GIMO empowers over 600,000 workers across approximately 100 businesses with immediate access to their earned wages, paving a path for better financial control and reduced stress for employees.
The company's progress and potential have attracted significant investor attention, culminating in a $12.00 million Series A investment on 24 July 2023. The funding round included prominent investors such as Genting Ventures, AlteriQ Capital, TAEKWANG, and George Kent Malaysia. This infusion of capital provides GIMO with the resources to expand its reach and refine its offerings, positioning the startup for further growth in a burgeoning Southeast Asian market.