SmartPay

SmartPay is a financial technology startup based in Vietnam, founded in 2017. The company is on a mission to empower and enrich the lives of micro, small, and medium enterprises by providing them with an open enrollment platform for digital growth. SmartPay aims to support the financial inclusion of over 4 million micro and SME retailers in Vietnam. Since its launch in May 2019, SmartPay has rapidly grown, boasting over 650 thousand payment acceptance units and a customer base of 40+ million users. This exponential growth is fueled by the company's dedication to providing advanced technology that is faster, cheaper, and more reliable for merchants. It has also reached a paid-up capital of VND 865 billion by 2022. SmartPay enables merchants to accept various forms of payment, such as QR Scan to pay, Tap to pay, Facepay, bank cards, and online payment gateways. Additionally, the company facilitates access to capital for merchants of all sizes and designs business solutions, including services like Buy now pay later, Consumer durable loans, and Business loans. Furthermore, SmartPay holds significant credentials, being a member of the Vietnam Banks' Association (VNBA) and having received the PCI DSS level 1 international security certificate, ensuring the safety of card data when processed and stored at banks or payment enterprises. SmartPay's impressive growth and commitment to empowering merchants make it an intriguing prospect for potential venture capital investors seeking opportunities in the financial services and fintech sectors. For more information, visit: SmartPay Video.