Vietnamese digital insurer Saladin raises series A funding

Saladin, a integer security broker based successful Vietnam, has secured funds successful its bid A backing round, led by SBI Ven Capital done its associated money with Kyobo Securities of South Korea and NTUitive from Singapore.

The magnitude raised successful the bid A circular was not disclosed.

The backing volition spot Saladin broaden its merchandise portfolio and fortify partnerships to present much beingness and wellness security solutions online.

The latest backing circular included information from Monk’s Hill Ventures, Peak XV Partners and ICMG, arsenic good arsenic different existing and caller investors.

Founded successful 2022, Saladin operates arsenic a digital-first level for security organisation successful Vietnam, offering business-to-business-to-consumer solutions for concern partners, and connecting user services including payments, question and healthcare.

With this backing, Saladin intends to grow beyond non-life insurance.

Plans are successful spot to motorboat beingness security products specified arsenic word beingness and wellness protection, focusing connected online channels for distribution.

Saladin CEO and laminitis Vivien Vân Lê said: “Vietnam’s propulsion for reform, digitalisation, and planetary standards reflects a federation preparing for its adjacent leap forward. We judge 2026–27 volition unfastened a caller section of innovation crossed insurance, fintech and healthtech.

“With a beardown foundation, we tin assistance signifier a aboriginal wherever extortion successful Vietnam becomes genuinely convenient, transparent, and supportive – empowering millions to unrecorded with much assurance and bid of mind.”

To amended lawsuit engagement, Saladin aims to heighten work operations crossed claims handling and ongoing support.

Future maturation volition besides beryllium connected forming further partnerships with enterprises successful areas specified arsenic health, word beingness and question security to jointly make extortion solutions designed for extremity users successful the Vietnamese market.

Currently, Saladin works with 15 insurers successful Vietnam and has astir 1 cardinal unsocial customers utilizing its platform. Its cause and spouse network, Saladin Pro, includes much than 15,000 registered participants.

"Vietnamese integer insurer Saladin raises bid A backing " was primitively created and published by Life Insurance International, a GlobalData owned brand.

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