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.
ssc warns against investing in cryptocurrencies

SSC warns against investing in cryptocurrencies

The State Securities Commission (SSC) has warned about the risks arising from investing in financial technology (fintech).
fintech sees strong rise in vietnam

Fintech sees strong rise in Vietnam

Foreign conglomerates have poured hundreds of millions of dollars into Vietnamese fintech firms, as more bank-fintech cooperation agreements have been signed recently.
uber and vietnams number one fintech firm shake hands on strategic alliance

Uber and Vietnam’s number one fintech firm shake hands on strategic alliance

Uber today officially became the strategic partner of Vietnam-based mobile electronic payment platform MoMo, with the intent of integrating a wholly digital payment experience into the leading ride-hailing online application.
vietnamese fintech market looking at bright prospects

Vietnamese fintech market looking at bright prospects

Vietnam is considered a tremendously potential market by Korean fintech enterprises, setting off an avalanche of deals looking to expand business operations and find investment and co-operation opportunities.