TPBank
Founded Year
2008Stage
Corporate Minority | AliveTotal Raised
$40MValuation
$0000Last Raised
$40M | 5 yrs agoMissing: TPBank's Product Demo & Case Studies
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Latest TPBank News
Dec 26, 2022
Vietnam’s TPBank Sees 2023 Profit Jump, in Foreign Loan Talks Investor Focus on Inflation Path, China Covid Woes: Markets Wrap China’s Economy Is Showing Increasing Strain From the Covid Tsunami Ukraine Latest: Air Raid Alerts Sound on Russian Jet Activity Colombia Central Bank Chief Says Interest Rate Hikes Near an End Russia May Raise Crude Oil Exports if EU Ban Cuts Refining ECB’s Schnabel Says Rates Need to Reach ‘Restrictive Territory’ U.S. stocks snap two days of gains; dollar rises U.S. stocks rally for a second day; Treasuries mixed Power Outages, Flight Delays as US Storm Leaves Chaos Behind Elon Musk Warns Against Margin Debt on Risk of Market ‘Mass Panic’ Oil Passes Natural Gas as Main Fuel for Power Plants in New England New England Grid Asks Members to Voluntarily Curtail Power Usage The FTX Trade That’s Tempting Oaktree and Baupost: Credit Weekly PJM Leans on Consumers to Keep Power Grid Stable Into Christmas US Declares Texas Grid Emergency in Arctic Blast Winter Storm Is Freezing Pipes and Hammering Natural Gas Output Tennessee Titans Delay NFL Game Due to Power Outages Social Media Buzz: FTX, Paris, Christmas Freeze, Santa Tracker Tennessee Valley Authority Orders New Round of Rolling Blackouts High interest rates breathe new life into TFSA Bankruptcy: Experts explain how to rebuild credit How to pay down debt quickly according to the experts Experts share tips for young Canadians finding themselves in debt for the first time 4 key dates for investors to mark in their 2023 calendars Inflation: From missing family time to making food, Canadians are cutting back Market misery could lay groundwork for a bright 2023: Dale Jackson Budgeting for the first time amid soaring inflation? Here are some tips Consumer debt tops $2.36 trillion in third quarter, up 7.3% from last year Canadians look to side hustles to make up for inflation pressure, but at what cost? Cybersecurity tips for online holiday shopping Over half of Canadians plan to spend less on Christmas plans: Survey Will groceries be cheaper in 2023? Here's what a report found Need to tap into your investments? Beware of tax traps 4 reasons for thrift store gifts this year GICs and crypto in epic tug-of-war for young investors: Dale Jackson 32% of Canadians unaware standard home insurance policies lack flood protection: Survey How the elimination of interest on federal student loans could give graduates a boost Recession: Majority of Canadians think we’ll enter one soon, survey finds US Embassy Warns of Possible Attack on Islamabad Marriott Hotel Charting the Global Economy: BOJ Shocks; US Inflation Cools Pound’s Tentative Recovery Masks Worst Year Since Brexit Vote A Heroic End to Bonds’ Villainous Year Spurs Hope for Treasury Investors US Inflation Continues to Ease, But Wages Will Keep Fed on Alert US New-Home Sales Unexpectedly Increase for a Second Month Elon Musk, Liz Truss and Butter Boards: Things That Shocked Us In 2022 Singapore Rents Forecast to Rise at Slower Pace Next Year US Mortgage Rates Drop for Sixth Straight Week, Falling to 6.27% Trudeau Finds Surer Footing After Riding Out Protests and Inflation Japan Homebuyers to Get Clue on Higher Mortgages After BOJ Jolt The 13 Most Exciting European Hotels Opening in 2023 China Developers’ Recovery After $74 Billion Rout Faces Covid Turmoil Hong Kong Property Giant Buys Land for Price at Eight-Year Low China State Council, PBOC Vow to Boost Growth, Property in 2023 India Mulls Rules for Quicker Resolution of Builders’ Insolvency Covid Surge Hits Shanghai With Crowded Hospitals, Empty Streets Hong Kong’s Tiniest Apartments Take Biggest Hit in Housing Slump Chicago Mayor Turns to CEOs for Support in Tough Reelection Bid OCBC Said to Hire Ex-Goldman’s Jason Moo as its Private Bank CEO China’s Economy Is Showing Increasing Strain From the Covid Tsunami Ukraine Latest: Air Raid Alerts Sound on Russian Jet Activity ‘Avatar 2’ Gains $56 Million in Storm-Challenged Second Weekend US Embassy Warns of Possible Attack on Islamabad Marriott Hotel News Corp. Rises on Report of Bloomberg’s Interest in Dow Jones, Washington Post Divers Hunting for Germany’s Stolen ‘Green Vault’ Artifacts German Minister to Stop ‘Locust’ Investors in Medical Practices China Stops Releasing Daily Covid Data as Accuracy Questioned Palo Alto’s Zuk Gets Go-Ahead to Found New Israeli Digital Bank Nio CEO Warns of Sales Challenges in First Half on China Demand ECB’s Schnabel Says Rates Need to Reach ‘Restrictive Territory’ China’s Covid Outbreak Driven by Existing Strains, Global Consortium Finds Twitter users vote for Elon Musk to step down as CEO HK Plans to Reopen Border With China by Mid-January, Lee Says Power Outages, Flight Delays as US Storm Leaves Chaos Behind Elon Musk Warns Against Margin Debt on Risk of Market ‘Mass Panic’ Oil Passes Natural Gas as Main Fuel for Power Plants in New England New England Grid Asks Members to Voluntarily Curtail Power Usage China’s Economy Is Showing Increasing Strain From the Covid Tsunami Ukraine Latest: Air Raid Alerts Sound on Russian Jet Activity ‘Avatar 2’ Gains $56 Million in Storm-Challenged Second Weekend Divers Hunting for Germany’s Stolen ‘Green Vault’ Artifacts Russia May Raise Crude Oil Exports if EU Ban Cuts Refining Nio CEO Warns of Sales Challenges in First Half on China Demand Power Outages, Flight Delays as US Storm Leaves Chaos Behind Oil Passes Natural Gas as Main Fuel for Power Plants in New England New England Grid Asks Members to Voluntarily Curtail Power Usage PJM Leans on Consumers to Keep Power Grid Stable Into Christmas US Declares Texas Grid Emergency in Arctic Blast Winter Storm Is Freezing Pipes and Hammering Natural Gas Output Tennessee Titans Delay NFL Game Due to Power Outages Chinese EV Maker Nio Launches New Models, Upgraded Battery Swaps Ukraine Latest: Zelenskiy Says Bracing for Russia’s Next Move Social Media Buzz: FTX, Paris, Christmas Freeze, Santa Tracker Tennessee Valley Authority Orders New Round of Rolling Blackouts Argentina’s World Cup Heroes Have Their Roots in Farm Heartland Orban Expands Windfall Taxes With Pharma Levy Amid Dispute Over EU Aid Weather ruin your holiday plans? Here's what to do if your flight was cancelled Federal government posts $0.2 billion deficit for April to October period After a strong year for the economy, 2023 will be shaped by high interest rates The Daily Chase: Meta to pay US$725M in data breach; Microsoft fights for Activision Blizzard Interest rates will dictate the extent household debt may impact the economy: Strategist Boxing Day sales start early to woo customers after lacklustre Black Friday Statistics Canada says job vacancies down in October, lowest level since August 2021 The Daily Chase: FTX associates plead guilty to fraud; Micron warns of layoffs Food prices in Canada rise at faster pace than overall inflation, 12 months in a row Sticky core inflation keeps up pressure for rate hikes in Canada Here's a list of November inflation rates for Canadian provinces From seed to store: A look at the rising cost of bread The Daily Chase: Inflation dips to 6.8% in November; Musk to resign at Twitter head Statistics Canada to release November inflation numbers today Retail spending in Canada shows signs of slowdown amid higher inflation, interest How generation Z should prepare their finances for 2023 Electric vehicle charging investment approaches the US$100B mark The Daily Chase: Recession fears weigh on investors; Magna to buy Veoneer for US$1.5B Number of job vacancies down in the third quarter: Statistics Canada German Minister to Stop ‘Locust’ Investors in Medical Practices China Stops Releasing Daily Covid Data as Accuracy Questioned China Aims to Rebuild US Ties in Diplomatic Push for 2023 Thaksin Family Scion Is Top Choice for Thai Leader, Poll Shows Kari Lake’s Bid to Overturn Arizona Election Rejected by Judge US Declares Texas Grid Emergency in Arctic Blast Ukraine Latest: Zelenskiy Says Bracing for Russia’s Next Move Chinese Cities Reveal Covid Cases That Far Exceed National Tally Italy’s Lower House Approves Giorgia Meloni Budget Law Cabinet Members Discussed Asking Trump to Resign After Jan. 6 South Korea’s Parliament Approves Conservative 2023 Budget Fiji Elects New Leader, Ends Bainimarama’s 16-Year Grip on Power Jan. 6 Panel Backs Trump Ban With Bills That Won’t Go Anywhere Ukraine Latest: Blinken Says US Aid ‘Best Way to Win Just Peace’ North Korea Fires Ballistic Missile to Ratchet Up Tensions Paris Shooting Leaves Two Dead, Several Injured, Prosecutor Says Argentina’s President Snubs Supreme Court Ruling, Sparking Crisis Release of Trump’s Tax Returns Delayed Until After Christmas Dutch Pension Funds Lead Purchases of Colombian Debt in November China’s Economy Is Showing Increasing Strain From the Covid Tsunami News Corp. Rises on Report of Bloomberg’s Interest in Dow Jones, Washington Post Palo Alto’s Zuk Gets Go-Ahead to Found New Israeli Digital Bank Nio CEO Warns of Sales Challenges in First Half on China Demand The FTX Trade That’s Tempting Oaktree and Baupost: Credit Weekly Chinese EV Maker Nio Launches New Models, Upgraded Battery Swaps Social Media Buzz: FTX, Paris, Christmas Freeze, Santa Tracker Musk Says Twitter to Allow Users to Turn Off View Count Feature UK May Mull Crackdown On Gambling Ads to Curb Addiction Sequoia-Backed Wave Takes on Telcos in Africa Mobile-Money War HK Police Arrest Two Men in Crypto Exchange AAX-Related Case Spending Scandal at Philippine Phone Giant Had Roots in Ambition Ivanka Trump Testified Father’s Call With Pence Saddened Her Finance’s Biggest Winners and Losers in Washington During 2022 Bankman-Fried Judge Recused Because Husband’s Firm Advised FTX Amazon Is Trying to Fill Empty Space on Its Air Cargo Flights as Consumer Demand Cools Alameda's former CEO Ellison said she, Bankman-Fried misled FTX lenders IRS Delays $600 Tax Reporting Rule for Venmo, Etsy Sellers Crypto Is ‘Effectively Nonexistent’ for Big Institutions, JPMorgan’s Gross Says The U.S. Fed is failing in four ways: Mohamed A. El-Erian Apple, JPMorgan turn to pay now grow later Remote Working Boom Is Huge for College Towns Like Knoxville Walmart flashes a warning sign to the entire consumer economy: Andrea Felsted Millennials are finally spending like grown-ups Dismal U.S. GDP report raises the odds of recession this year: Gary Shilling Musk is wrong for Twitter even if deal math works out Chocolate bunnies can teach us to save our food supply The Fed has made a U.S. recession inevitable America's oil reserve weapon risks misfiring Four-day workweeks can burn you out U.S. Fed expects a soft landing. Don't count on it Markets are pushing Fed into developing-economy territory Commodity traders go from bonanza to bailout plea Putin's war shows West must clean up dirty money Salary transparency is good for everyone Microsoft's US$69B Activision deal could be a blunder What if the oil market bulls are wrong and this lonely bear is right? Canada's trucker protest may spread from Ottawa to U.S. Now There Are One-Stop Shops to Launch Your ETF Crypto Investment Firm 3iQ Adds Support to Fir Tree’s Grayscale Suit Pummeled Pot ETFs Face Worse Ahead After Senate Banking Letdown Bitcoin’s Biggest Trade Goes From Hero Creator to Widow Maker Myanmar Energy Ties Are Flying Under the ESG Radar Tron’s Justin Sun Says China Sees Hong Kong As Crypto Policy Trial Kathleen Moriarty, ETF Pioneer Known as ‘SPDR Woman,’ Dies at 69 Bank of America Clients Pour the Most Cash Into ETFs Since 2017 Grayscale Considers Tender Offer for Bitcoin Trust Fund If SEC Lawsuit Fails Putin’s War Makes Russian Stocks World’s Worst With Grim Outlook BlackRock Plans More ETF Fee Cuts as War of Tiny Trims Rolls On Record $1.5 Trillion Rift Opens Between Mutual Fund, ETF Flows Hong Kong Bitcoin, Ether Crypto ETFs Raise $79 Million in Shadow of FTX Crisis Stock Market Traders Discover That Bad News Is Bad After All BlackRock and State Street Grilled by Texas Lawmakers in ESG Debate JPMorgan to Convert Another $2 Billion of Mutual Funds to ETFs Third Harmonic Plunges Almost 80% After Ending Study for Skin-Inflammation Drug Sustainable Debt, ESG Markets Turn Frosty in 2022 Big Three’s Grip on $6.7 Trillion ETF Market Slips for a Sixth Year SBF sent back to Bahamian jail after catching lawyer off guard with U.S. extradition plan Disney's Iger returns to reckon with his own 15-year Legacy Women making small gains, but still troublingly under-represented in the C-suite Gerry Schwartz to step down as CEO at Onex, Bobby Le Blanc named next CEO Dominic Barton on Canada-China relations, future at Rio Tinto 'We’re serving Canadians better' following the pandemic: McKesson Canada CEO Rebecca McKillican World's richest family loses US$11.4B in Walmart rout 'Fine balance': Rania Llewellyn on fitting her long-term inclusion goals into Laurentian's revamp First female bank CEO in Canada leads with younger self in mind Company holiday parties are making a comeback, but many employers have a plan B Elon Musk and Jeff Bezos now worth almost half a trillion dollars Jane Fraser has a plan to remake Citigroup while tormenting rivals ‘Forever changed’: CEOs are dooming business travel — maybe for good National Bank names Laurent Ferreira CEO, succeeding Vachon The remote-work czar is the new shortcut to the C-Suite Olympics boss aims to put 'most-followed' Tokyo games on track Wellness resorts eye long COVID treatments as new moneymaker Ghosn accomplice says he 'deeply regrets' helping him escape Gates divorce speeds divergence of separate investing goals Nguyen Dieu Tu Uyen, Bloomberg News (Bloomberg) -- Vietnam’s Tien Phong Commercial Joint Stock Bank expects its pretax profit to rise 15% next year as the nation’s pioneer in adopting automation technology benefits from cost savings, according to Chief Executive Officer Nguyen Hung. “We see a 15% rise in pretax profit next year is quite doable as we aim to increase using robotic process automation and machine learning in our system so we can save costs and relocate our employees to more productive jobs,” Hung said in an interview Friday. Such technology has helped the lender reduce about 30% of its operational costs, he added. TPBank, with about 95% of its transactions processed digitally, is the first Vietnamese lender to adopt so-called Live-Bank, a video-teller-machine system that allows clients to deposit or transfer money, and open instant credit cards with facial and fingerprint authentication. With 500 such machines across the country, TPBank expects to increase its number of customers to 10 million next year from about 8 million this year, according to Hung. “Having these live-bank machines is so critical as it helped us quicken the reallocation of our resources for new business model and expand profits,” Hung said, adding that the bank has reassigned about 800 employees from routine clerical works to “more creative and profitable jobs.” Known as TPBank, the lender is also in talks with “some foreign partners” as it seeks ways to fund an expansion next year amid growing interest from overseas investors, Hung said without elaborating. It currently has $150 million of loans from Asia Development Bank and IFC. Vietnamese lenders and companies are looking for alternative ways to attract foreign capital for growth after authorities’ recent crackdown on corporate bond market has made it difficult for them to sell debt onshore. Hung also expects TPBank’s total assets to rise at least 14% next year. ©2022 Bloomberg L.P.
TPBank Frequently Asked Questions (FAQ)
When was TPBank founded?
TPBank was founded in 2008.
What is TPBank's latest funding round?
TPBank's latest funding round is Corporate Minority.
How much did TPBank raise?
TPBank raised a total of $40M.
Who are the investors of TPBank?
Investors of TPBank include PYN Fund Management.
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