(Hanoi, September 16, 2026) – On the morning of September 16, 2026, VietCredit General Finance Joint Stock Company and Sapo Technology Joint Stock Company officially signed a strategic cooperation agreement. This event marks a significant milestone in the application of the “embedded finance” model, providing a 100% online unsecured loan solution and resolving cash flow bottlenecks for over 117,000 households and small and medium-sized enterprises (SMEs) on the Sapo platform.

Signing ceremony for the cooperation agreement between VietCredit and Sapo.

The current retail market landscape demands extremely flexible adaptation and capital turnover. For household businesses and SMEs, especially during peak business periods, cash flow is the lifeblood for seizing opportunities to purchase inventory and expand. However, accessing capital from traditional channels remains a major challenge due to lengthy approval processes, complex financial verification procedures, and stringent collateral requirements. This inadvertently creates significant delays, causing many shop owners to regretfully miss out on business opportunities.

With the desire to optimize the customer experience and provide the best financial solutions – a common goal and commitment between Sapo and VietCredit – the two parties have joined forces to create a privileged unsecured loan package integrated directly into the Sapo platform. This solution, which thoroughly addresses cash flow issues, stands out with its superior advantages:

• Super-fast disbursement in 3 hours: Eliminating all waiting time barriers of traditional loan models. Funds are disbursed directly into the customer’s account within 3 hours, and as quickly as 1 business hour after the electronic contract is signed.
• Commitment to transparency and no hidden fees: Prioritizing customer interests and peace of mind, this loan package guarantees no loan insurance fees and no hidden charges whatsoever. All information regarding interest rates and terms is clearly and transparently displayed before the customer makes a decision.
• Funding limits of up to 1 billion VND: Strongly meet the needs for expanding premises, upgrading facilities, or stockpiling large quantities of goods.
• “Tailored” interest rate mechanism starting from 1.67%/month: Applying a risk-based pricing model, the system will automatically optimize interest rates based on sales history. The more positive the sales data on Sapo, the lower the loan interest rate will be.
• Fully digitized process: No collateral required, no hard copy documents to submit, 100% online registration. The system directly uses transparent revenue data from the Sapo software as financial documentation to approve credit limits.

Super-fast unsecured loan product for household businesses & SMEs via the Sapo platform.

Speaking at the signing ceremony, Mr. Le Huu Son – Permanent Deputy General Director of VietCredit shared: “ We expect this cooperation to create a solid financial leverage. The seamless integration of VietCredit’s services onto the Sapo platform helps shop owners have uninterrupted experience and access capital at the time they need it most, allowing them to confidently accelerate revenue growth.”

Mr. Le Huu Son – Permanent Deputy General Director of VietCredit, shared at the event.

On behalf of Sapo, Ms. Nguyen Thi Minh Khue – General Director of Sapo Technology Joint Stock Company emphasized: “Sapo’s mission is to make selling easier. Partnering with VietCredit not only completes our ecosystem of convenient services but also directly equips retailers with sharp financial capabilities, helping them eliminate concerns about cash flow disruptions in a fiercely competitive market.”

Ms. Nguyen Thi Minh Khue – General Director of Sapo Technology Joint Stock Company, speaking at the event.

The signing ceremony of the cooperation agreement between VietCredit and Sapo is considered by experts as a pioneering step, strongly promoting the digital transformation process in the retail finance sector, contributing to creating sustainable growth momentum for the community of hundreds of thousands of SMEs in Vietnam.