CAKE is a digital banking app by VPBank Group offering online account opening, debit cards, savings, and consumer loans. It leverages AI for enhanced banking operations and supports Vietnamese language models. Designed for Vietnamese consumers, it provides secure, convenient, and comprehensive financial services via mobile.
In the Personal finance & budgeting space, CAKE - Digital Banking takes a focused approach. It provides users with a fully digital banking platform for managing accounts, payments, savings, and loans without visiting a physical branch. It is built as a consumer product for consumers seeking digital banking services in Vietnam. CAKE - Digital Banking follows a freemium model. The product ships for the web and iOS.
It is developed by VIETNAM PROSPERITY JOINT STOCK COMMERCIAL BANK (United States), and the product first shipped in 2021. Key capabilities include online account opening, eKYC verification, and debit card issuance.
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