InnoTech Completes Major Funding from Probus Opportunities Fund
InnoTech is a leading technology company in Vietnam specializing in developing software trading systems for the financial sector. InnoTech currently provides stock trading processing systems and digital transformation services for top securities companies in Vietnam, holding over 50% of the trading volume market share.
Looking ahead, InnoTech aims to become a leading provider of high-frequency trading systems and financial data services in Southeast Asia, serving as a bridge between the international investment community and the Vietnamese financial market.
Currently, InnoTech is developing a platform that provides data for various asset types including stocks, bonds, commodities, derivatives, and real estate. This data platform will provide both standardized financial data and alternative data such as selective trading signals, financial media, in-depth analytical reports, sentiment analysis, and other analytical tools to support the investment community in making informed decisions.
InnoTech’s founder, Mr. Pham Huy Vu, shared: "The investment from Probus will help InnoTech strengthen the company’s capabilities by attracting talent to our development and management teams to achieve our objectives. Our mission is to provide top-tier infrastructure for the Vietnamese and Southeast Asian stock markets. The experience and expertise of the specialists from Probus Investment Fund will help InnoTech optimize products to meet market needs. Currently, Mr. Huynh Minh Viet, a graduate of Harvard and Stanford as well as a top investment advisor, has joined the company’s strategic advisory board."
Founded in 2007, InnoTech plans to develop its workforce to 100 engineers at its Hanoi and Ho Chi Minh City offices in the coming year.
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InnoTech’s mission is to provide top-tier infrastructure for the Vietnamese and Southeast Asian stock markets.
With a spirit of continuous innovation to deliver the best solutions for users, InnoTech has achieved remarkable development milestones. Its solutions have been tested and proven flexible and stable through market booms and challenges, including the economic crises of 2008 and 2011. Currently, InnoTech provides integrated products, solutions, and services built on high-frequency trading platforms, digital transformation, cybersecurity, market information, infrastructure management, and technical services. InnoTech’s partners are leading enterprises in finance, investment, technology, media, and data sectors.
Probus Opportunities is an investment fund managed by the Probus Group, headquartered in Switzerland. Probus Opportunities has over 10 years of investment experience in Vietnam, with numerous successful deals in listed and private companies in technology and high-tech equipment distribution. Probus Opportunities’ investment portfolio includes companies such as FPT Corporation (FPT), Digiworld Corporation (Digiworld), and Vietmoney Joint Stock Company (Vietmoney).
Amid the global Covid-19 pandemic, digital technology solutions are becoming increasingly essential. With this investment, the partnership between InnoTech and Probus promises to deliver superior innovative solutions and provides a strong impetus for InnoTech to expand beyond national borders and reach global markets.