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Top 10 Finance VC Funds & Investors in Myanmar (June 2026)

The most active venture capital funds investing in Myanmar Finance startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Myanmar Finance startup companies. Find investors to raise a Seed, Series B or Debt Financing round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Nordic Microfinance Initiative
VC Fund
1 India, Uganda, Myanmar Series B, Series C Financial Services, Finance, Banking $3.6M–$24M
Norfund
VC Fund
1 Kenya, South Africa, Nigeria Private Equity, Debt Financing Financial Services, Energy, Renewable Energy $2.6M–$130M
Symbiotics Group
VC Fund
1 India, United States, Ghana Debt Financing, Seed Financial Services, FinTech, Finance $2.3M–$80M
Danish Investment Fund for Developing Countries
VC Fund
1 France, Zambia, Myanmar Private Equity Energy, Renewable Energy, Water
Insitor Partners
VC Fund
1 India, Cambodia, Pakistan Seed, Series A Financial Services, FinTech, Finance $736k–$5.4M
Proparco
VC Fund
1 India, Kenya, Nigeria Debt Financing, Seed Financial Services, Finance, Energy $300k–$140M
BOPA
VC Fund
1 India, Myanmar Pre-Seed Finance, Financial Services, Credit
Finnfund
VC Fund
1 Kenya, India, South Africa Debt Financing, Series B Financial Services, Energy, FinTech $2.7M–$99M
Incofin Investment Management
VC Fund
1 India, Kenya, Uganda Series A, Series B Financial Services, Finance, FinTech $2.6M–$24M
Asia Impact Investment Fund
VC Fund
1 Myanmar Finance, Non Profit, Association
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Investor list

Nordic Microfinance Initiative
VC Fund · Oslo, Oslo, Norway · 1 investments in Myanmar Finance startups

The Norwegian Microfinance Initiative (NMI) is an innovative strategic partnership between the Norwegian public and private sectors that will invest in microfinance institutions (MFIs) in developing countries and provide professional assistance and technical support for these institutions. The mission of NMI is to contribute to the empowerment ofpoor people and to the creation of jobs, wealth, and economic and social sustainability in developing countries by investing in and supporting MFIs.

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Investment focus

  • Industry: Financial Services, Finance, Banking
  • Stage:Series B, Series C
  • Geography: India, Uganda, Myanmar

Investor stats

  • Total investments: 19
  • Round size: Series B $3.6M–$24M; Series C $3.6M–$19M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: May invest from a new fund soon — raised $105M in 2018

Portfolio highlights

  • Tugende — Tugende helps motorcycle taxi drivers own their own motorcycles in eighteen months or less instead of renting indefinitely. Ownership significantly increases income, job security and road safety.
  • Sitara — Sewa Grih Rin provides affordable housing finance to the under-served low income households in urban and peri-urban locations.Incorporated in 2011, SEWA Grih Rin Limited was envisaged as a means for the under-served households to access affordable and formal housing finance in urban & peri-urban locations. We learnt that low-income householdsheld two facets of their life very close to their heart: they treasured the education of their children; and aspired to self-own a property, a home of their own.SEWA Grih Rin Limited’s work is aimed at directly improving the quality of life of informally employed households, especially their women members, by creating a tangible financial asset in their name. We provide an affordable alternative to those households whose credit capacity falls behind the widening financing gap given the informal nature of their employment.
  • Light Microfinance — Light Microfinance is a non-banking finance company registered with the Reserve Bank of India. Headquartered at Ahmedabad, Gujarat, Light Microfinance provides micro and meso finance products and services with gender and poverty-focused programs, targeting rural and peri-urban areas, with a specific focus on poor women. The company operates inGujarat, Rajasthan and Madhya Pradesh and is one of the fastest growing microfinance companies in India today.
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Norfund
VC Fund · Oslo, Oslo, Norway · 1 investments in Myanmar Finance startups

Norwegian investment fund for developing countries

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Investment focus

  • Industry: Financial Services, Energy, Renewable Energy
  • Stage:Private Equity, Debt Financing
  • Geography: Kenya, South Africa, Nigeria

Investor stats

  • Total investments: 86
  • Round size: Debt Financing $2.6M–$130M; Private Equity $7.4M–$125M
  • Lead/follow: 60% lead, 40% follow
  • Last fund: May invest from a new fund soon — last raise in 2009

Portfolio highlights

  • Wecyclers — Wecyclers gives households a chance to capture value from their waste while providing a reliable supply of materials to the local recycling industry.Wecyclers works in partnership with the Lagos Waste Management Authority (LAWMA) and collects recyclable waste, including plastic bottles, plastic bags, and aluminum cans, at the household levelusing low-cost bicycle-powered collection vehicles called “wecycles”.Wecyclers rewards households with redeemable points based on the volume and quality of recyclables that they give us. Wecyclers sort and aggregate the materials and then sells it to Nigerian recyclers.
  • Kensta Group
  • CrossBoundary — CrossBoundary Energy's renewable energy solutions help decarbonize enterprise by providing cleaner, cheaper and more reliable power.
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Symbiotics Group
VC Fund · Geneva, Geneve, Switzerland · 1 investments in Myanmar Finance startups

Symbiotics is the leading market access platform for impact investing. Symbiotics offers investment, asset management and capacity building services.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Debt Financing, Seed
  • Geography: India, United States, Ghana

Investor stats

  • Total investments: 34
  • Round size: Seed $2.3M–$3.5M; Debt Financing $2.5M–$80M
  • Lead/follow: 59% lead, 41% follow

Portfolio highlights

  • Farmnet — Farmnet trading arm of Singapore-headquartered TechCoop, operates as a key player in Vietnam's agricultural supply chain, focusing on commodities trading and related services.
  • iFarmer — iFarmer connects farmers, agri-suppliers and funders with technology, financing, and advisory to boost agricultural productivity and sustainability.
  • Tugende — Tugende helps motorcycle taxi drivers own their own motorcycles in eighteen months or less instead of renting indefinitely. Ownership significantly increases income, job security and road safety.
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Danish Investment Fund for Developing Countries
VC Fund · 1 investments in Myanmar Finance startups

Danish Investment Fund for Developing Countries

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Investment focus

  • Industry: Energy, Renewable Energy, Water
  • Stage:Private Equity
  • Geography: France, Zambia, Myanmar

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Eranove — The Eranove group counts more than 9000 employees all engaged in developping hydroelectric solutions to allow all the pan african citizens to access electricity and drinking water
  • Africa GreenCo — Our mission - addressing creditworthiness to increase generation and growth of renewable energy markets through partnerships and innovative solutions.
  • Alliance for Microfinance in Myanmar — Microfinance in Myanmar
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Insitor Partners
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Myanmar Finance startups

Insitor Partners pioneered impact investing as the first impact fund manager to set up operations in Southeast Asia, and a pioneer investor in India and Pakistan. We back entrepreneurs building life-changing solutions for low-income consumers.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Seed, Series A
  • Geography: India, Cambodia, Pakistan

Investor stats

  • Total investments: 32
  • Round size: Seed $736k–$2.5M; Series A $1.8M–$5.4M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: Likely still investing — raised $42M in 2022

Portfolio highlights

  • HROne — HROne helps companies to automate the employee lifecycle. Awarded best cloud-based software in India & trusted by 4+ lacs users across 18+ industries.
  • Boost Capital — Boost Capital is a fintech company that offers online microfinance services at lower rates. It uses innovative technology to pre-qualify customers within minutes of applying for a loan based on ability and probability to repay. Boost Capital enables both collateralized and uncollateralized loans, with loan size across the small business spectrum(from $100 to $10,000). Its platform automates the loan application for MFI partners and allows customers to hear back on their loan applications 100x faster than through traditional paper-based loan applications.The company was founded in 2018 and is headquartered in Singapore.
  • Butterfly Learnings — Butterfly Learnings is a Leading ABA Therapy, Speech Therapy, and Occupational Therapy Center for parents with special needs children having autism, ADHD, speech delays, down syndrome, learning disabilities & much more.
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Proparco
VC Fund · Paris, Ile-de-France, France · 1 investments in Myanmar Finance startups

Proparco is devoted to private sector funding in the sustainable development sector.

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Investment focus

  • Industry: Financial Services, Finance, Energy
  • Stage:Debt Financing, Seed
  • Geography: India, Kenya, Nigeria

Investor stats

  • Total investments: 90
  • Round size: Seed $1.2M–$13M; Debt Financing $300k–$140M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Nuru — Nuru is a solar hybrid site. Nuru (Swahili for "light") is a company dedicated to enhancing connectivity in the Democratic Republic of Congo. Nuru deployed Congo's first solar-based mini-grid in 2017 and is currently constructing a 1.3MW solar hybrid site in Goma, the largest off-grid mini-grid in sub-Saharan Africa.Nuru is arenewable and environment company that specializes in the fields of storage micro-grids and solar energy. The company deployed Congo's first solar-based mini-grid in 2017 and is currently constructing a 1.3MW solar hybrid site in Goma.Nuru was founded in 2015 and headquartered in Goma, Nord-Kivu, Congo.
  • Ecoener
  • IPT PowerTech — IPT PowerTech coverage, coupled with our extensive expertise in supply chain management, field implementation, and power systems, has made us one of the most capable companies in handling the most complicated and versatile projects in the MEA region and its neighboring countries.
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BOPA
VC Fund · Singapore, Central Region, Singapore · 1 investments in Myanmar Finance startups

BOPA is a Singapore-based equity investor in microfinance institutions.

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Investment focus

  • Industry: Finance, Financial Services, Credit
  • Stage:Pre-Seed
  • Geography: India, Myanmar

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Navadhan Capital — Navadhan Capital offers capital to under-banked households.
  • Alliance for Microfinance in Myanmar — Microfinance in Myanmar
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Finnfund
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Myanmar Finance startups

Finnfund is a Finnish development finance company that provides long-term risk capital for private projects in developing countries. Apart from co-investing with Finnish companies they can finance ventures that use Finnish technology, cooperate with Finnish partners on a long-term basis or generate major environmental or social benefits.

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Investment focus

  • Industry: Financial Services, Energy, FinTech
  • Stage:Debt Financing, Series B
  • Geography: Kenya, India, South Africa

Investor stats

  • Total investments: 66
  • Round size: Series B $5M–$41M; Debt Financing $2.7M–$99M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Amartha — Amartha Mikro Fintech - P2P Lending Indonesia. Alternatif investasi dengan modal terjangkau mulai 100Rb. Tedaftar OJK, Imbal hasil 15%* & Berdampak Sosial.
  • Mobisol — We transform lives through solar energy access. Our solar home systems and mini-grids benefit millions of people in Sub-Saharan Africa.
  • IPT PowerTech — IPT PowerTech coverage, coupled with our extensive expertise in supply chain management, field implementation, and power systems, has made us one of the most capable companies in handling the most complicated and versatile projects in the MEA region and its neighboring countries.
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Incofin Investment Management
VC Fund · Antwerp, Antwerpen, Belgium · 1 investments in Myanmar Finance startups

Incofin Investment Management (Incofin IM) manages funds that invest in microfinance institutions (MFIs) in developing countries. MFIs provide financial services, such as credits, savings and insurances, to people who cannot have recourse to regular banks. As a specialist in rural microfinancing, Incofin IM’s main goal is to reach out to people wholive in more secluded rural areas and/or who are active in the agricultural sector.

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Investment focus

  • Industry: Financial Services, Finance, FinTech
  • Stage:Series A, Series B
  • Geography: India, Kenya, Uganda

Investor stats

  • Total investments: 31
  • Round size: Series A $2.6M–$8.1M; Series B $3.4M–$24M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: Likely still investing — raised $42M in 2023

Portfolio highlights

  • Namdev Finvest — Namdev Finvest operates a non-banking finance platform that provides loans to rural and semi-urban agriculture, as well as the priority sector.
  • Save Solutions — Elopments of the weaker section of the community/society as well as society in general under the respective philosophy of Indian Constitutional Justice, Liberty, Equlity & Fraternity as Socialist, Secular, Democratic, people's welfare Society for the National Development and Management through alternative naturing system of IndianSocial Service in participatory way.
  • Saggraha Management Services — SaGgraha Management Services is a Bottom of the Pyramid financial services provider with a mission to contribute to the country's financial inclusion effort. The company is promoted by a team of professionals with banking, microfinance and financial services experience. The company believes at maintaining highest ethical and professionalstandards, governance and transparency.
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Asia Impact Investment Fund
VC Fund · 1 investments in Myanmar Finance startups

Asia Impact Investment Fund

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Investment focus

  • Industry: Finance, Non Profit, Association
  • Geography: Myanmar

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Alliance for Microfinance in Myanmar — Microfinance in Myanmar
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Finance VC funding in Myanmar at a glance

Stats across 6 deals from 13 investors.

13
investors
in Myanmar Finance startups
6
deals
in Myanmar Finance startups
$4M
median round
in Myanmar Finance startups
46%
lead investors
lead at least one round
33%
Debt Financing
most common funding stage

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