LotteFinance's financial services in Vietnam are developed based on the understanding of customers, combined with modern advanced technology platforms such as FinTech and Big Data. The company's goal is to become a leading financial services provider in Vietnam, providing flexible financial solutions that fit people's lifestyles, thereby adding value and benefits to customers, while being the basis for optimizing infrastructure platforms and approaching the increasingly diversified needs of consumers.
Founded in 1948, Lotte Group is one of South Korea's largest multinational corporations, with operations in distribution, hotels, tourism, restaurants, construction, chemicals and finance.
LotteCard operates throughout the Lotte Group network and infrastructure, from department stores, supermarkets, online shopping to cinemas and coffee shops. LotteCard is one of Korea's leading financial and credit product providers, applying FinTech technology to its services. In addition, understanding the diversity of customer lifestyles, LotteCard always strives to develop competitive services that only LotteCard can provide.
In 2017, LotteCard signed an agreement to acquire 100% of the shares of a financial company owned by one of Vietnam's largest banks, marking the expansion of Lotte Group's investment and penetration in Vietnam's financial sector. Lotte Finance received a business license from the State Bank of Vietnam in September 2018, making LotteCard the first Korean credit card company approved to operate in Vietnam.
A micro-loan system with a single Vietnamese front-end and a new UI with a dual front-end
