Vnlife provides technology solutions through its core fintech subsidiary, Vietnam Payment Solution JSC, to over 40 banks across Vietnam and operates VNPAY-QR, an interoperable cashless payment network with 22 million users and over 150,000 merchants. The company also runs VNTravel Tourism JSC as a domestic online travel agency and a New Retail division, Teko Vietnam Technology JSC, which offers software to help enterprises digitize analogue businesses. Led by Niraan De Silva, Vnlife combines payments infrastructure with travel and retail software offerings to serve both large and small enterprises. The company intends to use newly raised funds to accelerate growth of existing businesses and support development of new platforms and technologies. Vnlife raised $250M in a Series B round, improving its financial runway for expansion and product development. No revenue or profitability figures were disclosed in the article.

Total raised

$250M

Funding rounds

1

Latest round

Series B

Latest activity

Jul 2021