HANOI -- Vietnamese e-payment solutions provider NextPay Holdings is considering a private placement to raise around $60-$100 million in the first quarter of next year, ahead of a planned stock market listing in 2022.
The company is looking to institutional and strategic foreign investors for the private placement and will offer them a 20% stake, Nguyen Huu Tuat, the company's co-founder and CEO, told DealStreetAsia. The company is in talks with five investors from the US, Japan and South Korea, he added.