About Zalo Pay
Zalo Pay is a company based in Ho Chi Minh City (Vietnam) founded in 2016. It operates as a D2C, and B2C. Zalo Pay offers products and services including ZaloPay App, Money Transfer Service, Bill Payment Service, Phone Recharge Service, and Online Shopping Integration. Zalo Pay operates in a competitive market with competitors including MoMo, MoneyGram, Ascend Money, CarePay and Moca, among others.
- Headquarter Ho Chi Minh City, Vietnam
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Technology
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- Legal Name Công Ty Cổ Phần Zion
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Products & Services of Zalo Pay
Zalo Pay offers a comprehensive portfolio of products and services, including ZaloPay App, Money Transfer Service, Bill Payment Service, Phone Recharge Service, and Online Shopping Integration. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Mobile application for digital payments and money transfers.
Service to send money via chat for free and securely.
Platform to pay electricity, water, and internet bills online.
App for recharging mobile phones with competitive discounts.
Feature for payments on shopping platforms with promotions.
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Funding Insights of Zalo Pay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Zalo Pay
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Zalo Pay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Zalo Pay Comparisons
Competitors of Zalo Pay
Zalo Pay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MoMo, MoneyGram, Ascend Money, CarePay and Moca, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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MoMo is recognized as a leading fintech application in Vietnam, providing diverse financial services.
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Cross-border payments are enabled via wallet solutions for consumers.
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Financial services platform for individuals
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Provider of a health insurance platform for global insurers
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Provider of mobile payment application services
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Zalo Pay
Frequently Asked Questions about Zalo Pay
When was Zalo Pay founded?
Zalo Pay was founded in 2016.
Where is Zalo Pay located?
Zalo Pay is headquartered in Ho Chi Minh City, Vietnam.
What does Zalo Pay do?
ZaloPay is a digital payment application that enables users to transfer money via chat, recharge phones, pay bills, shop online, and access entertainment services. It operates through a simple mobile interface, ensuring quick transactions with security standards. Based in Ho Chi Minh City, Vietnam, it partners with banks and merchants for free transfers and promotions, serving individual consumers.
Who are the top competitors of Zalo Pay?
Zalo Pay's top competitors include MoneyGram, MoMo and Ascend Money.
What products or services does Zalo Pay offer?
Zalo Pay offers ZaloPay App, Money Transfer Service, Bill Payment Service, Phone Recharge Service, and Online Shopping Integration.
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