OnOnPay is a Hanoi-based top-up service firm operating in the Vietnamese fintech space. The company provides mobile top-up and related payment services. It has secured an $800,000 pre-Series A funding round. The pre-Series A was led by Shanghai-headquartered VC firm Gobi Partners. This round comes just over a year after it raised seed funding from Malaysia’s Captii Ventures; the article does not disclose revenue, users, valuation, or specific future plans. OnOnPay is a Hanoi-based fintech startup that allows users to top up mobile talk time. In August 2015 the company closed seed funding described in the article as "a six-digit amount" from Captii Ventures. The deal marked Captii Ventures' first investment into a Vietnamese venture. OnOnPay operates within Vietnam's nascent fintech sector, which the article says comprised about 30 players as of January 2016. The broader Vietnamese market is highly mobile-centric (93% of internet users access the internet via mobile), aligning with OnOnPay's mobile-focused product. The article notes strong investor interest in fintech in Vietnam and projects significant capital inflows into the sector by 2020.

Total raised

$1M

Funding rounds

2

Latest round

Series A

Latest activity

Nov 2016