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VNPay - The Second Unicorn in Vietnam

The Highlights:

  1. According to the economic report E-Conomy SEA in 2020, VNPay officially becomes the second technology unicorn in Vietnam after VNG.

  2. The startup is valued at more than $ 1 billion.

  3. VNPay is well known for its QR code payment network in big cities.

Vietnam Payment Solution Joint Stock Company (VNPAY) was established in 2007. They have spent more than 10 years building and developing state of the art electronic payment solutions and revolutionizing finance and banking in Vietnam.

Currently, VNPay is providing electronic payment services to more than 40 banks, 5 telecommunications companies, and more than 20,000 businesses, with typical services such as mobile banking, VNPay-QR payment gateway, and commercial websites.

Through banking apps, VNPay attracts more than 15 million monthly active users with functions such as money transfer, bill payment, bus ticket booking, and daily fresh food purchase.

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