# Viet Phu Payment Services Support Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/viet-phu-payment-services-support

- Industry: Outsourcing
- Headquarters: Singapore, Singapore
- Website: www.icarebenefits.com
- Total disclosed funding: $30M
- Latest round: Series A (Dec 18, 2017)
- Investors on record: 6

## About

Viet Phu Payment Services Support Corporation provides essential payment solutions and domain sales targeting the healthcare sector, facilitating online presence for businesses through premium domain offerings.The company operates in the payment services sector and offers premium domain names specifically for the healthcare industry. Founded in 2007, Viet Phu Payment Services Support Corporation is headquartered in Singapore. The firm has completed four deals, with its most recent being a Series B funding round in January 2018, where it raised USD 5.88 million from investors including Uip Mobivi Holdings Private Limited, Hancock Revocable Trust, and Experian Plc. The founders, Molika Meas and Pablo Caprile, have played pivotal roles in developing the company's strategic direction.IcareBenefits.com primarily operates in the domain sales market, specializing in premium domain names for the healthcare and benefits sector. The core offerings include high-value domains like IcareBenefits.com, designed to attract healthcare professionals seeking to strengthen their online presence. These domains are vital for healthcare providers, insurance companies, and wellness services looking to enhance their brand identity. The company targets clients across North America, Europe, and Asia, where there is a rising demand for digital healthcare solutions.Revenue for IcareBenefits.com is mainly generated from the sale of premium domain names through a structured pricing model. Customers can purchase domains outright or via payment plans, typically over 24 months at a fixed monthly rate. For example, IcareBenefits.com is available for a flat price of USD 13,895 or through a monthly payment plan of USD 578.96. The company operates on a direct-to-consumer basis, catering to individual clients that range from small healthcare startups to established firms. Additionally, the company offers a 30-day money-back guarantee on purchases to ensure a smooth buying experience for its clients.Viet Phu Payment Services Support Corporation is focused on developing new products tailored to the healthcare space, with plans to enhance their domain offerings and introduce additional services by 2024. The company aims to expand its reach into new geographic markets, particularly targeting clients in the Asia-Pacific region, leveraging the recent Series B funding of USD 5.88 million raised in January 2018. This funding will be instrumental in supporting its expansion efforts, product development, and enhancing marketing strategies to better serve the growing demand for online healthcare solutions.

## Funding rounds

- Series A, Dec 18, 2017, $30M — Amadeus Capital Partners, ADM Capital, Experian Plc, SIG Asia Investment, Hancock Revocable Trust, Kusto Tiger Fund Pte Ltd

## Investors

- Amadeus Capital Partners (https://capitalatlas.ai/funds/amadeus-capital-partners) — Series A
- ADM Capital — Series A
- Experian Plc — Series A
- SIG Asia Investment (https://capitalatlas.ai/funds/sig-asia-investment) — Series A
- Hancock Revocable Trust — Series A
- Kusto Tiger Fund Pte Ltd — Series A
