Company Name | Fund Raised | Led By | CEO/Co-Founder | Valuation |
VNLIFE | $250M | General Atlantic & Dragoneer Investment Group | Niraan De Silva | $1B |
VNLIFE provides financial services with their digital payment modes. VNPAY-QR is one such cashless payment method operated by them. The company reported raising funding of $250M and also led to a valuation of $1B. It was led by Dragoneer Investment Group & General Atlantic and EDBI, SoftBank Vision Fund 1, PayPal Ventures, and GIC had significant participation.
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The Company CEO Niraan De Silva wishes to enhance the business growth and development. VNLIFE Payment Solution has a great number of banks across Vietnam and has also initiated with a travel agency VNTravel Tourism. They are also helping several small and large enterprises by providing them with software solutions and business digitization with their new division TEKO.