SBI Holdings Invests in Vietnamese InsurTech Saladin to Expand Digital Insurance

MT Newswires Live12-16

SBI Holdings (TYO:8473) has led the Series A investment in Saladin Consulting and Technology, a leading Vietnamese InsurTech startup, according to its statement on Tuesday.

Saladin provides a multi-channel platform that distributes embedded insurance through partners and has registered over 15,000 agents on its Saladin Pro app.

Although it did not reveal the value, the new funds will be used to expand into online life insurance products and to integrate AI for improved service and customer experience.

Other investors in the round include Monk's Hill Ventures, Peak XV Partners, and ICMG Ventures.

This move capitalizes on the growing transformation and resilience of Vietnam's insurance market.

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