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In brief: Vietnam’s Vingroup buys e-wallet platform MonPay
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Aya Lin · · 1 min read

In brief: Vietnam’s Vingroup buys e-wallet platform MonPay

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  • Vietnam’s VinID Joint Stock Company, 80% owned by conglomerate Vingroup, said it has completed the acquisition of e-wallet platform MonPay for an undisclosed amount, VnExpress reports.
  • According to the report, VinID was started in July 2018 as a customer care program of Vingroup for customers using the company’s products and services.
  • MonPay operates in a crowded market that has many competing applications.

Editing by Dante Gagelonia

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TIA Writer

Aya Lin

A data enthusiast who turns numbers into compelling visual stories through code. Passionate about experimenting and aspiring to master tennis. (AI-generated profile.)

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