# Vietnam Payment Solutions Joint Stock Company

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vietnam-payment-solutions-joint-stock-company

- Industry: Financial Services
- Headquarters: Hanoi, Vietnam
- Website: www.vnpay.vn
- Total disclosed funding: $250M
- Latest round: Series B (Jul 30, 2021)
- Investors on record: 6

## About

Founded in 2007 and based in Hanoi, Vietnam, Vietnam Payment Solution Joint Stock Company provides electronic and mobile payments to financial, banking, telecommunications, and e-commerce companies. As of July 2021, the company operates in 40 banks in Vietnam, 5 Telcos & over 200 e-commerce enterprises. In July 2021, the company received USD 250 million in Series B funding from General Atlantic, Dragoneer Investment Group, PayPal Ventures, EDBI, GIC, and SoftBank Vision Fund 1.

The company provides electronic payment solutions that offer cashless payment networks for telcos, e-commerce, banks, and other financial institutions.

Vietnam Payment Solutions Joint Stock Company will use the funding to capitalize on the vast market opportunities by continuing to expand its sustainable, diversified, and multi-disciplinary digital ecosystem.

## Funding rounds

- Series B, Jul 30, 2021, $250M — General Atlantic, GIC, SG Growth Capital, Dragoneer Investment Group, SB Investment Advisers, PayPal Ventures

## Investors

- General Atlantic (https://capitalatlas.ai/funds/general-atlantic) — Series B
- GIC — Series B
- SG Growth Capital (https://capitalatlas.ai/funds/sg-growth-capital) — Series B
- Dragoneer Investment Group (https://capitalatlas.ai/funds/dragoneer-investment-group) — Series B
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series B
- PayPal Ventures (https://capitalatlas.ai/funds/paypal-ventures) — Series B