Fundiin and Pharmacity Forge Buy Now Pay Later Partnership in Vietnam’s Pharmacy Retail Sector

Police – Accident – Death – Obituary News : Fundiin, the most popular Buy Now Pay Later (BNPL) provider in Vietnam, has recently formed a groundbreaking partnership with Pharmacity, the leading drugstore chain in the region. This collaboration marks the first-ever BNPL venture in the pharmacy retail sector and aims to revolutionize healthcare spending while addressing both physical and financial well-being.

The announcement was made in Ho Chi Minh City, Vietnam, on November 13, 2023. Fundiin’s presence at Pharmacity, which operates close to a thousand drugstores, will offer consumers holistic protection by providing interest-free pay later options. This partnership promises unparalleled convenience for customers, allowing them to access healthcare services without financial worries and pay for them at a later date.

Fundiin’s BNPL services have emerged as a game-changer for Vietnamese consumers, particularly those underserved by traditional banks and financial institutions. This payment method not only makes financial services more accessible but also stimulates consumption and economic growth in the country.

The collaboration between Fundiin and Pharmacity solidifies Fundiin’s position as the preferred BNPL partner for various industry leaders across sectors such as cinema, mattresses, bicycles, fashion, cosmetics, and travel in Vietnam. By offering BNPL as a payment option, Fundiin becomes a valuable ally for merchant partners, boosting conversion rates, average order value (AOV), and driving revenue growth of up to 30%.

Mr. Nguyen Anh Cuong, CEO of Fundiin, expressed his excitement about the partnership with Pharmacity, emphasizing the goal of enhancing healthcare and empowering the Vietnamese people with greater health and financial freedom. He believes that the interest-free pay later payment method will provide vital support to families and patients facing short-term financial difficulties, encouraging them to seek medical treatment without hesitation.

Fundiin, founded in 2019, has quickly gained market share and become a leading player in the BNPL market in Vietnam. It has been identified as the most popular BNPL solution in the country, according to data compiled and released by Merchant Machine. With over 500 partners, including LOTTE Cinema, Vans, Reebok, Murad, The Face Shop, Cho Tot by Carousell, and more, Fundiin has received investments from prominent Venture Capital funds such as Trihill Capital, ThinkZone Ventures, Genesia Ventures, 1982 Ventures, Jafco Asia, and Zone Startups Ventures.

This collaboration between Fundiin and Pharmacity is expected to reshape the healthcare landscape in Vietnam, making it easier for consumers to access essential services while managing their finances effectively. With Fundiin’s BNPL solution, individuals can prioritize their health without worrying about immediate financial burdens.

For more information, please visit: [Fundiin Partners with Pharmacity to Launch BNPL at a Thousand Drugstores in Vietnam](https://www.prnewswire.com/apac/news-releases/fundiin-partners-with-pharmacity-to-launch-bnpl-at-a-thousand-drugstores-in-vietnam-301985753.html).