Deal Street Asia : Bullish Investors Spot Big Promise in Southeast Asia’s Earned Wage Access Startups

Earlier this year, Venturra participated in Nano Technologies (VUI App)’s $3 million Seed round, an earned wage access (EWA) startup focused in Vietnam alongside Golden Gate Ventures and other participating investors. The model allows workers to access their wage as soon as they have earned it. With this salary-on-demand model, workers do not have to wait until the end of the month for their pay cheques and struggle to make the ends meet. The model that has been long adopted in the US is now spreading across SEA with Indonesia’s own wagely, GajiGesa, Malaysia’s HariGaji, Singapore’s CircoPay, etc.