Strategic Venture Investments

Southeast Asia Nexus: Empowering the Visionaries of the Fintech and AI revolution

Pitch Us LP Inquiry

Active In

Singapore Taipei Ho Chi Minh City
$50M Fund I Target
A+ Series Focus
Southeast Asia Primary Geography
40-40-20 Sector Allocation
Vietnam VC Co-Invest Network

The Thesis

Seizing a Generational Shift in Fintech & AI Revolution

Three forces have converged in 2026 to open a once-in-a-generation investment window for investment into Vietnam's AI fintech market.

Regulatory Tailwind

Decree 94/2025/ND-CP established Vietnam's first regulatory sandbox for fast-track fintech licensing. IFC Resolution 222 launched safe-harbor zones in HCMC and Da Nang. Crypto assets offically legalized under the Digital Technology Industry Law in 2026.

Demographic Dividend

100M people, median age 32.5, 72% smartphone penetration, 1M new urban residents per year. A consumer base this large, young, and digital is the precondition for digital financial services at scale.

Fastest Growth in Asia

Vietnam recorded the highest real GDP growth among the Southeast Asia economies and continuing to 2030. Fintech ecosystem is forecasted tripling to $50B+ by 2030. The State Bank of Vietnam's 30x GDP cashless target by 2030 is the policy mandate.

The SanVC Edge

Southeast Asia Nexus Venture Fund I
Fund Architecture as Alpha for Foreign Investors

Step 1 · Engine

High-Growth Origination

Entry at Series A/B into Vietnam's $50B+ fintech trajectory, at valuations 30-40% below Indian and Indonesian peers. The 21.5% market CAGR does the work.

Step 2 · Multiplier

Exit Maturation

Capitalizing on the $104B SEA M&A superhighway, 140% YoY late-stage surge, and SGX/NASDAQ dual-listing pathways. SG VCC fund structure for ease of liquidity on secondary trade sales

Step 3 · Armor

Zero Tax Leakage

Singapore VCC 13O/U + Master-Feeder + Vietnam-Singapore DTA. The full 4x gross multiple passes through to LPs, not the 3.2-3.4x net of direct investment due to taxation loss.

Investment Focus

Where We Deploy

Concentrated, disciplined, country-led. 8-12 portfolio companies, $1-5M initial tickets, with 50% reserves for follow-on rounds.

Sector Allocation

40% Payments
40% Embedded
20% AI
40% Digital Payments 40% Embedded Finance 20% AI Related
  • Stage Series A +
  • Initial Ticket US$1-5M
  • Portfolio Size 8-12 Companies
  • Follow-On Reserve 50-100% of Initial
  • Hold Period 3-5 Years (30-Month Min)
  • Target Net IRR 19-31%
  • Target MOIC 2.5-4.0x

Geographic Allocation

  • 🇻🇳 Vietnam (Primary) 60-80%
  • 🇸🇬 Singapore (HQ + AI) 10-25%
  • 🇮🇩 Indonesia 10-15%
  • 🇹🇭 Thailand Selective
  • 🇵🇭 Philippines Selective

Role in Rounds

  • Lead or Co-Lead 30% of Deals
  • Co-Investor 70% of Deals
  • Anchor Capacity $8M (A) · $15M (B)

Team

Built by Operators

SANVC is a partnership of entrepreneurs turned professional investors. Fund I's seansoned investment committee will expand as the fund scales toward full deployment.

Jim Chuang

Jim Chuang

Managing Partner

Founder and Managing Partner of SAN Venture Capital. With over two decades of successful entrepreneurial experience in AI, software, semiconductor and digital networks, Jim brings unparalleled operational insight to his portfolio. Extensive investment footprint bridges the U.S. and top-tier Asian markets, capitalizing on deep cross-border expertise to drive strategic scaling. Currrently serves as a board director and trusted strategic advisor to several pioneering technology companies. Based in Taipei, traveling extensively between Singapore, Vietnam, and United States.

Ben Chan

Ben Chan

General Partner

Leading MNC executive turned venture partner and entrepreneur with extensive breath of network in Southeast Asia. Venture Partner at Berkeley Frontier Fund in ASEA with a solid investment track record. Co-Founder, President, and Executive Producer at Red Compass Media, Inc. / Terran Asia. Held various executive roles at companies like Microsoft, Corent Technology Inc., Avaya, Hewlett-Packard, PatchLink Asia Pacific, Activision, Ixia, and Vsource. Based in Singapore and Ho Chi Minh City

TBD · 2026

General Partner (Open)

General Partner

Decades of experience in operational and investment of SEAN fintech & AI space, local Vietnam presence and network

TBD · 2026

Venture Partner (Open)

VP · Deal Sourcing

Venture Partners contribute 2-4 qualified Series A/B targets per year and domain expertise, in exchange for carry exposure and co-investment rights. Ideal for senior operators who want to stay close to founders without a full-time GP commitment.

Insights

Research & Analysis

Original institutional research from the SANVC team on Vietnam fintech, fund architecture, and the structural alpha available to sophisticated LPs.

Market Timing Research · April 2026 · 14 min read

The Q3 2026 Generational Window

Why Vietnam is SEA's most compelling Fintech/AI investment destination right now. Three converging regulatory timelines, 30-40% valuation discount, and a 6-9 month optimal entry window before re-rating. Includes SEA market sizing and risk-adjusted returns math.

Read the report

Institutional Research · June 2026 · 18 min read

Vietnam Fintech 2030: The $50 Billion Generational Opportunity

The market thesis behind Fund I. Demographic, structural, and regulatory forces converge to create a once-in-a-generation investment window for Series A/B capital. Includes sub-sector sizing, comparable company mapping, and risk assessment.

Read the report

Tax & Legal Architecture · June 2026 · 15 min read

The DTA Arbitrage: Singapore VCC vs. Direct Investment

How fund architecture adds 1.8-19% to net LP returns. A US$1M Series A at 4x exits at $3.20-3.65M via direct investment, but $3.46M net of carry via the Singapore VCC 13U + DTA structure. The legal structure is half the alpha.

Read the report

Partner With Us

Three Paths

Whether you are building a Series A/B company, sourcing co-investment opportunities, or evaluating an LP commitment, there is a way to engage with Fund I.

For Founders

Pitch Us

If you are a Series A/B founder building a Vietnam-led fintech or AI company, we'd like to hear from you. Our investment process is structured, our diligence is rigorous, and our term sheet can be in your hands within 60 days of first meeting.

Submit Your Deck

For GPs & VPs

Join as GP / VP

Fund I is hiring a General Partner and welcomes Venture Partners who can source 2-4 qualified Series A/B targets per year. Full economic alignment for GPs; carry exposure and co-investment rights for VPs.

Apply

For Limited Partners

LP Inquiry

Qualified LPs (S$500,000 minimum commitment) may request Fund I's PPM, DDQ, and fund terms. The Q3 2026 first close at US$20M carries preferential economics: 1.5% management fee, priority co-investment rights, and allocation priority in Fund II.

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Get In Touch

Contact

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Singapore (VCC) · Taipei · Ho Chi Minh City (Frontier)