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.
bnpl products come to aid of consumers

BNPL products come to aid of consumers

The adoption of short-term financing by consumers continues to grow in Vietnam as local and foreign financial companies gear up to meet the soaring demand.
clearing the way to legal support for bnpl services

Clearing the way to legal support for BNPL services

As of 2022, Vietnam’s population is close to 100 million, with two-thirds being of working age. The country is home to a rapidly growing e-commerce market, yet surprisingly, it is also one of the Southeast Asian countries with the lowest credit card penetrations, estimated at 4.1 per cent in 2021.
lotte finance launches paylater service to catch up with buy now pay later trend

Lotte Finance launches PayLater service to catch up with "buy now, pay later" trend

Lotte Finance Vietnam has officially launched a brand new consumer finance service called PayLater by Lotte Finance to capture the lucrative "buy now, pay later" segment in the country.
bnpl fundiin raises 18 million in oversubscribed seed round

BNPL Fundiin raises $1.8 million in oversubscribed seed round

Fundiin, the leading buy-now, pay-later (BNPL) fintech in Vietnam, has closed an oversubscribed seed round of $1.8 million with participation from Genesia Ventures, JAFCO Asia, Xffirmers, Trihill Capital, and existing investors 1982 Ventures and Zone Startups Ventures.
kredivo enters vietnam with ambition to be the bnpl market leader

Kredivo enters Vietnam with ambition to be the BNPL market leader

As one of Southeast Asia’s fastest-growing and most promising digital economies, Vietnam represents a significant growth potential for Kredivo.