VNPAY

E-wallet groups take on losses to get ahead

May 25, 2021 | 21:16

Despite offering more payment options and benefits like promotions to customers – which make e-wallets an attractive alternative to traditional payment methods – many of the present players are facing heavy losses in Vietnam.

VNLIFE – parent company of VNPAY – aims to bag $200 million in next fundraising round

May 21, 2021 | 08:41

VNLIFE, the parent company of VNPAY, is reported to secure $200 million in its next fundraising round taking place next month.

VNPAY - the first e-wallet dedicated to Vietnamese families

March 08, 2021 | 07:55

VNPAY e-wallet is the first e-wallet dedicated to strengthen family bond by allowing users to create member-wallet for family, friends and loved ones.

VNPay honoured with National Brand Award 2020

November 28, 2020 | 08:00

VNPAY has just been honoured at the Vietnam National Brand Awards 2020 for its VNPAY-QR code payment solution on November 25.

Vietnam Post rolls out state-of-the art QR code payment

October 30, 2020 | 08:00

State-owned corporation Vietnam Post has officially begun applying QR code payment through VNPAY-QR to optimise the payment process for customers while simultaneously mitigating cash-related risks by moving towards cashless payment across the country.

Alternative legal bases for VieON’s lawsuit on MoMo

October 07, 2020 | 12:43

VieON has filed a lawsuit against e-wallet MoMo after having its contract terminated out of the blue, but while information is thin on the ground, communications from the over-the-top platform indicate it may have chosen a legal route harder to prove.

VNPAY gets certified at highest level of international security standards

August 02, 2020 | 21:05

VNPAY has received certification for PCI-DSS version 3.2.1, level 1 for its VNPAY payment gateway from ControlCase.

Singapore sovereign wealth fund GIC reports worst 20-year annual results

July 28, 2020 | 12:01

GIC has just reported its worst 20-year annualised results in more than 10 years, coupled with a decrease in returns caused by the COVID-19 pandemic.

Long-term potential ahead for local tech startup scene

March 27, 2020 | 08:00

Vietnam’s startup ecosystem continues to be a darling for foreign ventures funds and angel investors. However, the flow of fresh funds into the market might be dampened by the rapidly escalating global health emergency.

WeWork and VNPAY-affiliated SoftBank loses $2 billion in Vision Fund

February 12, 2020 | 20:14

SoftBank Group Corporation, a shareholder of VNLIFE (the parent firm of VNPAY and WeWork), has reported $2.05 billion of loss in its Vision Fund’s investments.

VNPAY honoured with Outstanding Fintech Award 2019

December 09, 2019 | 16:57

VNPAY has recently been honoured as one of the outstanding fintech companies of 2019 at the Outstanding Vietnamese Banks 2019 award ceremony.

Vietnam’s booming fintech funding on Singapore’s heels

November 29, 2019 | 15:43

Vietnamese financial technology startups are quickly catching up with Singapore in attracting Southeast Asian venture capital funding, according to the Japan-based Nikkei Asian Review.

VNLIFE bags$300 million investment from Softbank and GIC

July 28, 2019 | 10:52

Softbank Vision Fund and GIC have committed to proposing investment deals of $200 million and $100 million, respectively, to further the growth of VNLIFE.

VNPAY in top 10 at Sao Khue Awards

May 01, 2019 | 11:00

A Vietnamese company leading the way in electronic payments has scooped honours at an annual event that awards major breakthroughs in the country’s software and IT industry.