FundedIQ
Financial Services

Timo: Funding, Investors & Team (Sep 2026)

Timo is a digital bank that aims to assist individuals in achieving financial independence. Through its collaboration with Viet Capital Bank, Timo offers a privacy-oriented banking experience similar to traditional banks, but without the requirement of maintaining a large sum of money. Founded by Don Lam in 2015, Timo is located in Ho Chi Minh City, NA - Vietnam.

timo.vn/en LinkedIn Ho Chi Minh City, Vietnam 101-250 employees
Total raised
$10.0M
Rounds
1
Latest
Undisclosed round
Jul 2023

Timo has raised $10.0M across 1 funding round on record, the most recent an undisclosed round of $10.0M announced in Jul 2023.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Timo Company Profile and Key Stats

Total funding raised
$10.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$10.0M in Jul 2023
Employees
101-250
reported band
Headquarters
Ho Chi Minh City, Vietnam

Latest funding round on record: Jul 2023.

Timo Funding Rounds

Date
Round
Amount
Undisclosed round
$10.0M

Timo Founders and Leadership Team

Name
Role
Contact
Grace Jung
CEO

No contact details are on record for this team yet.

Timo Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
122
$4.1M

Timo's latest round of $10.0M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Timo Funding FAQs

What does Timo do?

Timo is a digital bank that aims to assist individuals in achieving financial independence. Through its collaboration with Viet Capital Bank, Timo offers a privacy-oriented banking experience similar to traditional banks, but without the requirement of maintaining a large sum of money. Founded by Don Lam in 2015, Timo is located in Ho Chi Minh City, NA - Vietnam.

How much funding has Timo raised?

Timo has raised $10.0M across 1 round on record. The most recent is an undisclosed round of $10.0M announced in Jul 2023.

When did Timo last raise funding?

Timo's most recent funding round on record is an undisclosed round of $10.0M, announced in Jul 2023.

Who is the CEO of Timo?

Grace Jung is listed as CEO at Timo.

Where is Timo headquartered?

Timo is based in Ho Chi Minh City, Na - Vietnam, Vietnam.

How many employees does Timo have?

Timo is in the 101-250 employee band.

How does Timo's funding compare to other Financial Services startups?

Timo's latest round of $10.0M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Timo Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Timo is left off this page rather than filled in.

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