OnCredit VN

What OnCredit VN does

OnCredit VN operates as a fully online, branchless personal lending platform serving Vietnamese consumers aged 18–60 who hold a CCCD/CMND national ID. The platform is operated by CÔNG TY TNHH TMDV IXORA (Tax ID: 0315809027), headquartered in Ho Chi Minh City, and functions as an intermediary connecting borrowers with its core lending partner, Công Ty TNHH Dịch Vụ Lộc Tín, which extends the actual credit. OnCredit earns service fees for origination, servicing, and the technology platform. The product portfolio spans 14+ loan variants — Quick Loan with ID Only, Express Loan, Cash Loan, H5 (mobile-web) Loan, No-Assessment Loan, Age-18 Loan, Consumer Loan, Installment Loan (OnCredit Trả Góp, up to 18M VND over 10 weeks), Unsecured Loan, Urgent Loan, Bank Loan referral, and Low-Interest Loan. Loan amounts range from 500,000 VND to 20,000,000 VND over terms of 91–182 days, with a 0% promotional first-loan rate and a 3.65% APR on standard loans.

The technology stack is a self-serve lending platform with automated credit assessment (incorporating CIC bureau checks), OTP-based identity verification, eKYC via camera capture on the mobile app, electronic contract signing, and SSL/TLS encryption. Distribution is exclusively digital — a website (oncredit-vn.com) and native iOS/Android apps — supported by 63 geo-targeted SEO landing pages covering every Vietnamese province. Loan disbursement and repayment operate through Sacombank banking channels, MoMo e-wallet, Payoo payment gateway, and Viettel Post over-the-counter points nationwide. The go-to-market is product-led growth: SEO-driven acquisition, content marketing, an app-store presence (5.0-star Google Play rating, ~4,800 reviews), and a referral program. Customer retention is engineered through credit-limit increases for punctual repeat borrowers, up to 50% loyalty coupons, and up to 15% cashback on early repayment. The customer base is horizontal — mass-market individual borrowers (office workers, factory workers, underbanked consumers) — primarily addressing emergency cash needs, bill payments, school fees, and debt rollover as a transparent alternative to predatory informal lending (tín dụng đen).

Name

OnCredit VN

Legal name

CÔNG TY TNHH TMDV IXORA

Website

https://oncredit-vn.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

OnCredit VN is a branchless online consumer lending platform operated by CÔNG TY TNHH TMDV IXORA in Vietnam, connecting retail borrowers with its lending partner Công Ty TNHH Dịch Vụ Lộc Tín. It offers unsecured personal loans of 500,000–20,000,000 VND over 91–182 days via website and mobile app, serving underbanked Vietnamese consumers nationwide.

Ownership category

akta.pro rank

Product category

Consumer Lending

NAICS

Nondepository Credit Intermediation (5222), Activities Related to Credit Intermediation (5223)

SIC

Personal Credit Institutions (6141), Loan Brokers (6163)

akta.pro industry

PRIMARYFSAKAAAK

Direct-to-Consumer (D2C) Personal Lending Platforms (Unsecured Installment)

Financial & Insurance/Lending & Consumer Finance/Personal Loans (Unsecured Installment)

SECONDARYFSAKAMAI

Small-Dollar Short-Term Installment Loans (Non-payday)

Financial & Insurance/Lending & Consumer Finance/Payday Loans & Short-Term Credit

Keywords

• Online consumer lending
• Personal loans
• Digital lending platform
• Unsecured credit
• Installment loans

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Technology or R&D, Marketing or Sales, Operations, Personnel, Infrastructure

Revenue model

1. Interest Income from Loans: OnCredit earns interest income on loans extended to customers through its lending partner (Công Ty TNHH Dịch Vụ Lộc Tín). The company acts as an intermediary, connecting borrowers with the lender. Interest rates are disclosed at 3.65% per annum for standard loans, with 0% promotional rates for first-time borrowers. Revenue accrues over the loan tenure.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

OnCredit VN operates a fully online, branchless personal lending platform in Vietnam that connects individual borrowers with its lending partner (Công Ty TNHH Dịch Vụ Lộc Tín) for unsecured consumer loans ranging from 500,000 VND to 20,000,000 VND over 91–182 day terms. The platform handles the entire loan lifecycle digitally — application, OTP/eKYC identity verification, automated credit assessment against CIC records, electronic contract signing, and disbursement to bank accounts or e-wallets within approximately 20 minutes. First-time borrowers receive a promotional 0% interest and fee loan, while repeat borrowers can access higher credit limits and installment (trả góp) terms up to 18 million VND over 10 weeks.

Product overview

OnCredit VN is an online personal lending platform operated by CÔNG TY TNHH TMDV IXORA (Tax ID: 0315809027), partnered with CÔNG TY TNHH DỊCH VỤ LỘC TÍN as the lending partner. The platform offers a portfolio of unsecured consumer loans delivered entirely online through its website (oncredit-vn.com) and mobile applications (iOS and Android). The core product suite includes multiple loan variants—Quick Loan with ID Only, Express Loan, Cash Loan, H5 Loan, No-Assessment Quick Loan, Loan for Age 18, Consumer Loan, Installment Loan (OnCredit Trả Góp), Unsecured Loan, Urgent Loan, and Low Interest Loan—all requiring only CMND/CCCD without collateral. The platform uses OTP-based identity verification and eKYC for customer onboarding, with disbursement to bank accounts or e-wallets (Sacombank, Payoo, MoMo, Viettel Post). Loan terms range from 91 to 182 days with credit limits from 500,000 VND to 20,000,000 VND. First-time borrowers receive promotional 0% interest and fee loans.

Differentiator

Problem solved

Functional benefit

Products and services

• OnCredit Personal Loan (Vay tiền nhanh chỉ cần CMND/CCCD)

Quantifiable outcome

• Disbursement within 20 minutes of approval
• +4 more outcomes

Named customers3 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core and supporting.

• SacombankcoreTechnology or IntegrationSacombank is one of Vietnam's top 10 commercial banks by assets and reputation. OnCredit customers can disburse loan funds to their Sacombank accounts and make repayments via Sacombank through both online (Internet Banking/Mobile Banking) and offline (branch counter) channels.
• PayoosupportingTechnology or IntegrationPayoo is an established e-wallet and online payment gateway in Vietnam (since 2009) with over 10,000 POS payment points. OnCredit uses Payoo's electronic payment gateway for loan disbursement and repayment processing.
• MoMosupportingTechnology or IntegrationMoMo is Vietnam's leading financial super-app with millions of users. OnCredit customers can repay loans at MoMo service points by presenting their original ID and contract number, with counter assistance from MoMo staff.
• Viettel PostsupportingChannel Partner/ Reseller/ DistributorViettel Post is Vietnam's largest postal and logistics company with branches across all provinces. OnCredit partners with Viettel Post to enable over-the-counter loan repayment at any Viettel Post branch, providing customers without banking access or digital payment capabilities a physical repayment option.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Doctor Đồng: Vietnamese online lending platform offering fast cash loans via mobile app with ID-only verification. Directly comparable in target segment, ticket size, and digital-only distribution.
• Tima: Vietnamese fintech operating a P2P lending marketplace for consumer and SME loans. Overlaps with OnCredit on small-ticket consumer credit targeting underbanked borrowers.
• Mcredit (Mirae Asset Finance Vietnam): Vietnamese consumer finance company offering cash loans and installment credit to salaried workers. Comparable product mix and customer profile, though with broader offline distribution.
• Home Credit Vietnam: Major Vietnam consumer-finance player offering cash loans, installment loans, and POS financing, with growing digital/app-based origination. Comparable target customer (salaried workers) and small-ticket unsecured lending profile.
• FE Credit: Vietnam's largest consumer finance company (VPBank Finance). Offers unsecured personal loans, cash loans, and installment products with similar ID-based underwriting, making it the closest large-scale analogue to OnCredit's small-ticket online lending model.
• MoneyCat (VPBank): Online-first consumer lending app in Vietnam offering fast cash loans with eKYC. Closely mirrors OnCredit's product-led, fully-digital, small-ticket unsecured lending proposition.

Broad incumbents

• SHB Finance: Vietnamese consumer finance arm of a major bank group, offering personal loans, auto loans, and installment credit. Broader incumbent with overlapping small-ticket unsecured personal lending products.

Emerging players

• LenddoEFL: Digital credit-scoring and lending platform focused on emerging markets including Vietnam. Comparable in using alternative data and digital channels to underwrite thin-file consumers.
• Trusting Social: Vietnam-headquartered fintech using AI-driven alternative credit scoring to serve underbanked consumers. Adjacent in enabling credit decisioning for the same target borrower segment.

Others

• MoMo: Vietnam's leading e-wallet/super-app and an OnCredit distribution/repayment partner. Comparable as a Vietnamese fintech ecosystem player reaching the same underbanked consumer base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/oncredit-ltd

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OnCredit VN