Tag "Be Group"

VPBank’s Subsidiary Invests US$30 Million in Vietnam’s Be Group

Be Group, a Vietnamese ride-hailing company and competitor of Grab superapp, has secured 739.5 billion dong (approximately US$30 million) from VPBank Securities, a subsidiary of Vietnam Prosperity Joint Stock Commercial Bank (VPBank). Through this investment, VPBank Securities will be a

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Vietnam’s Be Group Secures US$60 Million Loan Facility From Deutsche Bank

Vietnamese ride-hailing startup Be Group announced that it has secured a loan facility of approximately US$60 million from Deutsche Bank with the option to increase the financing up to US$100 million. Be Group said that it will use the funds to

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Mambu Replaces Vietnamese Digibank Cake’s Core Banking Platform in Under 3 Months

SaaS cloud banking platform Mambu has worked with Vietnamese digital bank Cake, a collaboration between Be Group and VPBank, to replace its core banking technology in just 74 days. The core replacement project will enable Cake to rapidly launch flexible

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