Former Uber CEO VN Dung Dang has just successfully called 3 million USD for an early salary application for employees

Tram Ho

Recently, technology startup Nano Technologies announced it had successfully raised $3 million from pre-seed funding and seed funding rounds.

Cựu CEO Uber VN Dũng Đặng vừa gọi thành công 3 triệu USD cho app ứng lương sớm cho người lao động - Ảnh 1.

Nano was founded in 2020, in which former Uber Vietnam CEO Dang Viet Dung holds the position of CEO of this startup. Co-founder, CTO Nguyen Viet Thang is responsible for technology development.

Nano Technologies is a developer of VUI applications, payroll solutions, income statistics and financial management education for employees. The app allows workers to get paid based on hours worked, instead of waiting until the end of the month.

Cựu CEO Uber VN Dũng Đặng vừa gọi thành công 3 triệu USD cho app ứng lương sớm cho người lao động - Ảnh 2.

CEO Dang Viet Dung shared: “The fact that employees have run out of money before the end of the month is very common and worrisome. We believe that Flexible Payroll is a better payment option that employees actually do. necessary, and at the same time an effective tool to help enterprises increase their attractiveness in the competitive labor market. The model contributes to eliminating the problem of black credit in society.”

Launched 6 months ago, VUI application currently serves more than 20,000 employees at many leading enterprises such as GS25, LanChi Mart and Annam Gourmet. The CEO said that 50-60% of employees will sign up for VUI as soon as the program is launched and receive early wages about 3 times a month.

It is known that the flexible salary payment model (EWA) is quite popular in the world with thousands of large enterprises in the US, Europe and Latin America applying, and annually saving millions of US dollars in personnel costs. .

Walmart, the world’s largest retailer, has implemented EWA solutions since 2017 for 1.4 million employees and saved more than $300 million annually thanks to a 30% reduction in turnover.

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Source : Genk