← Embedded Finance Index 2026

TPBank

“Can a technology-backed Vietnamese commercial bank become the leading digital banking platform in Southeast Asia by coupling open-API infrastructure, AI-driven UX, and embedded finance partnerships?”

Founded2008
HQ57 Ly Thuong Kiet Street, Tran Hung Dao Ward, Hoan Kiem, Hanoi, Vietnam
FoundersĐỗ Minh Phú
IndustryBank / National
The story

Founded in 2008 as a traditional commercial bank backed by technology-oriented shareholders (FPT Corporation, MobiFone), TPBank has pursued a sustained pivot toward digital-first banking. The bank introduced automated LiveBank kiosks, QR payments, and eKYC well ahead of most Vietnamese peers, positioning itself as Vietnam's most digitally innovative bank. Its open banking developer portal (developer.tpb.vn) signals an API-first strategy to attract fintech partners and embed banking services into third-party platforms. Most recently, TPBank has expanded internationally via TerraPay and deepened AI-driven UX with ChatPay, cementing its thesis as a digital-native bank in a rapidly cashless Vietnamese market.

Last 12 months
2025-05
2026-07
Product timeline
2008
TPBank founded on May 5, 2008, with strategic shareholders including DOJI Gold & Gems Group, FPT Corporation, MobiFone, Vietnam National Reinsurance, and SBI Ven Capital.· banking
2013
TPBank launched its official branding.· pivot
2016
TPBank introduced the TPBank World Mastercard credit card.· card
2017
TPBank launched its first automated transaction point (LiveBank) system and QuickPay QR payment application.· banking
2018
TPBank successfully listed 555 million shares on the Ho Chi Minh City Stock Exchange.· ipo
2020
TPBank fully developed eKYC on mobile applications, enabling account opening and maximum transaction limits directly on mobile.· banking
2022
TPBank partnered with Google to launch Google Wallet contactless payments for TPBank Visa cardholders, one of the first banks in Vietnam to do so.· card
2023
TPBank launched microinsurance products in partnership with PTI and HIVE by Income, pioneering micro-insurance in Vietnam via its mobile app.· banking
2025
TPBank launched ChatPay, an AI-powered conversational money transfer feature embedded in the TPBank mobile app.· banking
2026
TPBank partnered with TerraPay for real-time outbound cross-border payment capabilities to 156+ countries.· banking
Regulated entities
1
regulatory licence held by TPBank
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
4 layers disclosed in TPBank’s embedded-finance stack
Card network
VisaMastercard
Lending
in the full report
Insurance
in the full report
FX & payouts
in the full report
Accounting gap: none
10 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.