Nano Technologies
Nano Technologies, based in Hanoi, Vietnam, is a fintech company specializing in credit and lending through its income streaming app that allows daily payments to workers, primarily targeting the retail and manufacturing sectors in Southeast Asia.
Services
Nano Technologies offers an income streaming app that pays workers daily instead of monthly. The app is designed for retailers and manufacturers in Southeast Asia, integrating seamlessly with any HRM/Attendance Software from employers. It aids in turnover cost savings and workforce engagement and productivity. The app supports Earned Wage Access (EWA) and includes a 'Vui Bonus' program that encourages referrals to introduce the service to more businesses. They also provide a free trial for employers to test the service without any obligations.
Founders
Nano Technologies was formerly known as Nano Technologies Pte Ltd. The company is part of the Y Combinator W21 batch, highlighting its foundational roots in the esteemed startup accelerator known for supporting innovative tech companies. Although specific founders' names are not mentioned, the company's presence in Y Combinator indicates strong leadership in the fintech industry.
Products
Nano Technologies' primary product is its income streaming mobile application, available on both iOS and Android. The app allows employees to access their earned wages daily. This payroll solution targets retailers and manufacturers, competing with the gig economy by offering daily payments and flexible work schedules. The app also provides seamless integration within a week and adheres to the ISO 27001 Information Security Standard.
History
Founded as Nano Technologies Pte Ltd, the company has evolved to focus on providing financial solutions within the fintech sector, specifically in credit and lending. They are a part of the Y Combinator W21 batch, expanding their services primarily in Vietnam and Southeast Asia. The company has been recognized by news outlets such as Bloomberg, VnExpress, and VnEconomy for its social impact and innovative solutions.
Case Studies and Success Stories
Nano Technologies showcases success stories from companies like Annam Gourmet, Kangaroo, and TTF. These case studies highlight the significant benefits of Earned Wage Access (EWA), such as reduced attrition rates and support during the Covid-19 crisis. The company provides insights and case studies on its website, demonstrating the positive impact of EWA on employee recruitment, retention, and productivity.
