Fundiin
- https://fundiin.vn/
- 2019
The BNPL leader in Vietnam in providing zero-cost buy-now-pay-later facilities, helping retailers increase sales by up to 30%.
FE CREDIT
Description
The business started as the Consumer Finance Division of Vietnam Prosperity Joint-Stock Commercial Bank (VPBank). In 2015, it successfully transferred to an independent company with the Brand FE CREDIT. Since then, it has continuously been enlarging and taking the leadership of the consumer finance market in Vietnam. Our success is built on serving the best interests of our customers. FE CREDIT is keen on designing new products that add value to its customers, guided by its philosophy of Fast and Easy.
With a network of more than 13,000 points of sale nationwide, a team of more than 12,000 employees, and serving more than 14 million customers.
In October 2021, VPBank completed the sale of 49% of FE CREDIT's charter capital to SMBC Consumer Finance Company (SMBCCF) - a subsidiary 100% owned by Japan's Sumitomo Mitsui Financial Group. At the same time, Vietnam Prosperity Bank Finance Company Limited was also renamed to SMBC Vietnam Prosperity Bank Finance Company Limited. FE CREDIT was valued at US$2.8 billion as part of the deal.
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Company Details
Legal name
SMBC Vietnam Prosperity Bank Finance Company Limited
Founded in
2010
Employees
12000
News
Contact Information
Website
Address
REE Tower, 9 ฤoร n Vฤn Bฦก, Phฦฐแปng 13, District 4, Ho Chi Minh City, Vietnam
Location
REE Tower, 9 ฤoร n Vฤn Bฦก, Phฦฐแปng 13, District 4, Ho Chi Minh City, Vietnam
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