VNLIFE Corporation’s $250 Million Series B Funding Round

Baker McKenzie advised VNLIFE Corporation Joint Stock Company on the deal.

VNLIFE Corporation Joint Stock Company raised more than $250 million in a series B funding round led by General Atlantic and Dragoneer Investment Group, with participation from PayPal Ventures and EDBI, the corporate investment arm of Singapore’s Economic Development Board. The round, which is said to be one of the largest conducted in Vietnam, also saw the participation of existing investors, Singapore sovereign wealth fund GIC and SoftBank Vision Fund.

VNLIFE is a technology company and is the parent company of fintech VNPAY, anunicorn fintech firm facilitating digital payment offerings.

The Baker McKenzie team was led by Partner HoangKimOanh Nguyen (Picture), as well as senior associate Thai Ninh (Daniel) Ngo and associate Chi Hoang Yen Ngo.

Involved fees earner: Chi Hoang Yen Ngo – Baker McKenzie; Thai Ninh Ngo – Baker McKenzie; HoangKimOanh Nguyen – Baker McKenzie;

Law Firms: Baker McKenzie;

Clients: VNLIFE Corporation Joint Stock Company;

Author: Sonia Carcano