GIC and SoftBank Invest in VNPAY

Posted on 07/25/2019

VNLIFE is the parent company of Vietnamese payments firm VNPAY. The massive SoftBank Vision Fund, managed by SoftBank Group Corporation, and GIC Private Limited, committed up to US$ 300 million into VNPAY. GIC reportedly invested US$ 100 million, while SoftBank reportedly invested US$ 200 million into the Vietnamese company. VNLIFE was established in November 2018 […]

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