Saladin, a digital insurance broker based in Vietnam, has secured funds in its series A funding round, led by SBI Ven Capital through its joint fund with Kyobo Securities of South Korea and NTUitive from Singapore.
The amount raised in the series A round was not disclosed.
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The funding will see Saladin broaden its product portfolio and strengthen partnerships to introduce more life and health insurance solutions online.
The latest funding round included participation from Monk’s Hill Ventures, Peak XV Partners and ICMG, as well as other existing and new investors.
Founded in 2022, Saladin operates as a digital-first platform for insurance distribution in Vietnam, offering business-to-business-to-consumer solutions for business partners, and connecting consumer services including payments, travel and healthcare.
With this backing, Saladin intends to expand beyond non-life insurance.
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By GlobalDataPlans are in place to launch life insurance products such as term life and health protection, focusing on online channels for distribution.
Saladin CEO and founder Vivien Vân Lê said: “Vietnam’s push for reform, digitalisation, and international standards reflects a nation preparing for its next leap forward. We believe 2026–27 will open a new chapter of innovation across insurance, fintech and healthtech.
“With a strong foundation, we can help shape a future where protection in Vietnam becomes truly convenient, transparent, and supportive – empowering millions to live with more confidence and peace of mind.”
To improve customer engagement, Saladin aims to enhance service operations across claims handling and ongoing support.
Future growth will also depend on forming additional partnerships with enterprises in areas such as health, term life and travel insurance to jointly develop protection solutions designed for end users in the Vietnamese market.
Currently, Saladin works with 15 insurers in Vietnam and has nearly one million unique customers using its platform. Its agent and partner network, Saladin Pro, includes more than 15,000 registered participants.
