Ex-Uber Executive’s Startup Raises $3 Million For Daily Pay App

Workers gathering outside a factory in Binh Duong Province, Vietnam.

Photographer: Yen Duong/Bloomberg
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Nano Technologies, developer of an app that allows Vietnamese workers to be paid daily, raised $3 million in pre-seed and seed rounds, according to co-founder Dzung Dang, former general manager of Uber Technologies Inc. in Vietnam.

Golden Gate Ventures and Venturra Discovery co-led the pre-seed round last year that also included FEBE Ventures Pte. The seed round, backed by the same investors, included Goodwater Capital and Openspace Ventures during Silicon Valley’s Y Combinator Demo Day on March 27.