tech driven embedded finance disrupting vietnams financial landscape

Tech-driven embedded finance disrupting Vietnam’s financial landscape

As technology evolves and the Vietnamese economy matures, more innovative fintechs are embracing the benefits of next-generation technology and unique business models to reach underserved populations and provide them with the means to access banking and financial services quickly and conveniently. Pham Quang Minh, general manager at Mambu Vietnam, digs into such fresh business models, as well as the outlook for the country's digital technology.
home credit teams up with onepay to promote home paylater expansion

Home Credit teams up with OnePay to promote Home PayLater expansion

Home Credit is working with OnePay on the buy now pay later (BNPL) model to promote digital payment habits in Vietnam.
fundiin raises 5 million investment in series a round

Fundiin raises $5 million investment in Series A round

Buy now pay later (BNPL) fintech Fundiin has successfully raised $5 million in a Series A funding round co-led by Trihill Capital and ThinkZone Ventures. The new round of funding will help Fundiin to expand at a faster pace and expand to Indonesia in the upcoming series B round.
bnpl services open up e commerce options

BNPL services open up e-commerce options

While the market for buy now, pay later services in Vietnam is still in its infancy, more users are opting for this payment method as the technology for both the credit rating process and other logistical aspects is refined.
buy now pay later the future of retail payment

Buy Now Pay Later - The future of retail payment?

Foreign and Vietnamese companies are placing large bets on the buy now, pay later approach in Vietnam, thanks to a significant increase in the use of the payment method, but the sector still presents certain dangers.
acquisitions fuelling buy now pay later trends

Acquisitions fuelling buy now, pay later trends

Buy now, pay later is often an interest-free way for consumers to defer payments on purchases. For retailers that subsidise the offering, it is a way to encourage conversion and higher average ticket sizes.
home credit invests vnd200 billion into buy now pay later service

Home Credit invests VND200 billion into Buy Now Pay Later service

Home PayLater – a digital financial product with a VND200 billion ($8.7 million) investment – is set to enhance the convenience of consumers’ online shopping experiences.
home credit partners with tiki to launch home paylater

Home Credit partners with Tiki to launch Home PayLater

Home Credit announced on July 15 that the company has signed a cooperation agreement with Tiki – one of Vietnam’s top e-commerce platforms – to launch Home PayLater, a Buy Now Pay Later product.
kredivo introduces its newest buy now pay later offer

Kredivo introduces its newest Buy Now Pay Later offer

Kredivo – Indonesia’s leading digital credit platform and one of the most valuable fintech unicorns in Southeast Asia – in partnership with VietCredit JSC, has just announced the launch of its premium product in Vietnam, enabling users to access a credit limit of up to VND25 million ($1,075).
buy now pay later on the rise in vietnam

"Buy now, pay later" on the rise in Vietnam

The trend of buy now, pay later solutions is projected to gain traction in Vietnam with many players unveiling new services to tap into this fast-growing segment.
assessing the potential of buy now pay later services

Assessing the potential of buy now, pay later services

Home Credit is betting on the prospects of buy now, pay later services in Vietnam. Michal Skalicky, chief customer officer of Home Credit Vietnam, shared with VIR’s Thanh Van his insight into the growth potential in Vietnam’s e-commerce market.
buy now pay later offering unique substantial value

Buy now, pay later offering unique, substantial value

The buy now, pay later fintech segment is attracting strong attention of businesses and consumers and is considered the new piece of the financial market pie. Nguyen Anh Cuong, co-founder and CEO of Fundiin, told VIR’s Nguyen Thu about the advantages and potential barriers in Vietnam
buy now pay later model ripe for explosion across vietnam

Buy now, pay later model ripe for explosion across Vietnam

The burgeoning e-commerce penetration amid the pandemic is paving the way for ‘buy now, pay later’ options to gain traction in Vietnam, particularly targeting those with insufficient credit history.
buy now pay later transactions to reach 333 billion in 2024

Buy now, pay later transactions to reach $3.33 billion in 2024

Buy now, pay later (BNPL) payments in Vietnam are expected to grow by 41.8 per cent on an annual basis to reach $3.33 billion in 2024, according to an industry report released by ResearchAndMarkets on April 11.
home credit and nexttech sign agreement on buy now pay later project

Home Credit and NextTech sign agreement on ‘Buy Now, Pay Later’ project

On January 8, Home Credit Vietnam and NextTech Group signed a strategic cooperation agreement to provide the "Buy Now, Pay Later" Home PayLater payment service.