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Startups

Vietnam's fintech VNLife says valuation now 'well over $1bn'

Payments system provider raises $250 million in deal led by US investors

Vietnam's VNLife offers software for banks that want to provide mobile payment apps and other digital services. (Photo courtesy of VNLife) 

TOKYO -- Vietnamese payments provider VNLife on Friday said it has raised $250 million from investors, including U.S.-based General Atlantic and Dragoneer Investment Group, highlighting global interest in the country's fintech industry.

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