fintech primed to boost financial services sector in vietnam

Fintech primed to boost financial services sector in Vietnam

Vietnam is making strong policy moves to bolster the development of fintech, welcoming a surge of fintech platforms and providers to service its 64 million (and growing) connected users.  
developing digital financial services for a non cash society

Developing digital financial services for a non-cash society

VNPT-Media and VietBank have just signed an agreement to co-operate in a number of fields to expand their networks and roll out new products.
visa gives local startups a boost

Visa gives local startups a boost

Three Vietnamese startups were last week honoured at the Visa’s Everywhere Initiative final contest, a startup competition held in Vietnam for the first time with the aim to building the next generation of fintech and e-commerce solutions. Thanh Van reports.
banks going the fintech ma route

Banks going the fintech M&A route

Vietnamese fintech companies can expect a raft of foreign financial institutions seeking a relationship with them, as the latter have found this route a promising one to access the underbanked population of the country.
us vemani group buys 20 per cent stake in vietnamese fintech firm

US Vemani Group buys 20 per cent stake in Vietnamese fintech firm

Vemanti Group, Inc., a technology-driven holding company, has entered into a definitive agreement to take 20 per cent equity interest in eLoan JSC (eLoan), a Ho Chi Minh City-based fintech company. The deal’s value has yet to be disclosed.
fintechs reshape the financial system

Fintechs reshape the financial system

Fintech companies have grown both in quantity and quality in Vietnam in recent years. However, to further encourage the development of fintechs and inventive financial solutions, for the sake of customers and the market, it would take more than just support from the government, but also the accompanying mentorship from financial institutions, industry experts, and investors.
fintech changes financial landscape

Fintech changes financial landscape

A handful of winners have been named in a large-scale fintech challenge, providing inspiration and opportunities for many other fintechs to capture. Vietnam can be very proud of these first-generation fintechs and, in the years to come, it can expect further innovative financial solutions, both from local and international fintech startups, to help it achieve a financial inclusion goal and nurture a fintech ecosystem.
gobear fintech is shaping business digital transformation

GoBear: Fintech is shaping business digital transformation

GoBear Vietnam today hosted its first BEARTalk event on the topic “How fintech is shaping your digital transformation”. The event attracted over 20 senior executives from financial services, real estate and fintech organisations operating in Vietnam.    
weezi digital named as winner of fintech challenge vietnam

Weezi Digital named as winner of Fintech Challenge Vietnam

The first-ever Fintech Challenge Vietnam 2017-2018 (FCV) crowned Weezi Digital for addressing Vietnam’s need for financial solutions and helping the country fulfill its financial inclusion goals.
fintech firms need support from banks sbv

Fintech firms need support from banks: SBV

The fintech (financial technology) sector is facing difficulties of capital mobilisation shortage, inadequate legal framework and banks’ hesitance in co-operation, said Le Minh Hung, Governor of State Bank of Vietnam (SBV).
visa launches competition for vietnamese fintech startups

Visa launches competition for Vietnamese fintech startups

Digital payment provider Visa launched the first competition for startups in Vietnam today, aiming to encourage innovations in the local fintech sector for the prize of $30,000.  
ey where is fintech in vietnam

E&Y: Where is fintech in Vietnam?

Vietnam can expect its fintech ecosystem to grow in the near future should it pay attention to the funding issue, growing talent in the field, and a legal framework to support such growth.
129 million poured into fintech indsutry

$129 million poured into fintech indsutry

Start-ups in Viet Nam have invested US$129 million into the field of fintech, according to Varun Mittal, Ernst & Young (EY) ASEAN fintech leader.
central bank to hold first fintech day in may

Central bank to hold first FinTech Day in May

The central bank will organise the first National Fintech Day this May to consult the growing Fintech community on legal matters and find favourable conditions for the future.
alibaba and 40 thieves move in on e payments

Alibaba and “40 thieves” move in on e-payments

The e-payment market in Vietnam is becoming more competitive than ever, as various fintech providers around the world start flocking to the fast-growing country. This poses a real challenge for commercial banks, who must now adapt to the breakneck development speed of Industry 4.0.