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Vnlife Raised $250 Million and Becomes Second Tech Unicorn in Vietnam
By Tsani Gramatikova access_time 1 min read

What is VNLIFE ?

VNLIFE is a Vietnamese holding company that creates a digital environment for the tourist, logistics, and commerce industries.

What does VNLIFE do?

The company runs VNPay (used by the country’s 22 banks to power their mobile app) and VNPay-QR (a cashless payment network that serves 22 million users and over 150,000 merchants).

Who owns VNLIFE?

Founded by Mai Thanh Binh and Tri Manh Tran, VNLIFE is also known as Viet Life Group Joint Stock Company.

How much has VNLIFE raised?

VNLIFE has raised a total of $550M over two rounds. The latest funding of US$250 million in a Series B round secured the company a position of Vietnam’s second tech unicorn.

Who has invested in VNLIFE?

The funding was co-led by US investors General Atlantic and Dragoneer Investment Group.

What domain name does VNLIFE operate on?

VNLIFE operates on vnlife.vn domain name.

What other domains does VNLIFE own?

The company seem to also own vnlife.com but it points to a press release for their recent funding, and not an active website.

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