What is OnOnPay?
Founded in 2015, OnOnPay operates as a mobile top-up service catering to prepaid SIM cards for major carrier network providers across Vietnam. The company aims to streamline the process of recharging mobile credit, providing a convenient digital solution for consumers in a rapidly growing mobile market. Its focus on the Vietnamese prepaid market positions it within a key segment of the Southeast Asian telecommunications landscape.
How much funding has OnOnPay raised?
OnOnPay has raised a total of $800K across 1 funding round:
Angel/Seed
$800K
Angel/Seed (2016): $800K with participation from Captii Ventures and Gobi Partners
Key Investors in OnOnPay
Captii Ventures
Captii Ventures, part of Captii Limited, is a technology investment holding company listed on the Singapore Exchange, focusing on innovative technology solutions and services across various business segments.
Gobi Partners
Gobi Partners is a prominent venture capital firm with a regional presence in China and ASEAN, specializing in early to growth-stage investments in emerging markets, having backed over 250 startups.
What's next for OnOnPay?
The recent major strategic investment suggests OnOnPay is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel further development of its platform, potentially broadening its service offerings, strengthening its market presence within Vietnam, and exploring strategic partnerships to enhance its reach and user base. The company's trajectory indicates a move towards scaling its operations and solidifying its position in the competitive fintech and mobile services arena.
See full OnOnPay company page
