timo secures 20 million funding led by square peg

Timo secures $20-million funding led by Square Peg

Timo, Vietnam’s very first digital banking platform, on January 5 announced that it had secured $20-million funding led by Square Peg, a leading global VC firm whose investments include unicorns such as Canva, FinAccel, and Airwallex.
equalising access to banking

Equalising access to banking

Vietnam's very first digital banking platform, Timo has rapidly evolved since 2015 to become the No.1 digital bank in the market. Henry Nguyen, CEO of Timo Digital Bank talked with Bich Ngoc about the company’s strategy to cooperate with different partners to co-develop the still fledgeling field in Vietnam.
digital banks and fintech startups eye vietnams unbanked and underserved consumers

Digital banks and fintech startups eye Vietnam's unbanked and underserved consumers

Digital banks and fintech startups are increasingly offering innovative products and solutions targeting the unbanked and underserved consumers post-pandemic.
global finance named citi best corporate digital bank in asia pacific

Global Finance named Citi Best Corporate Digital Bank in Asia-Pacific

Citi has been named Best Corporate Digital Bank in Asia-Pacific by Global Finance Magazine in the second and final round of the 2021 World’s Best Digital Bank Awards.
digital banking and legal issues around electronic documentation

Digital banking and legal issues around electronic documentation

The development of digital and electronic banking requires the completion of a legal system in related fields, especially regulations on electronic documents.
bav mb digital hub top notch digital banking experience for banking academy students

BAV - MB Digital Hub: Top-notch digital banking experience for Banking Academy students

Military Commercial Joint Stock Bank (MB) inaugurated and handed over the “Digital Hub” project at the Banking Academy of Vietnam (BAV) in November, a crucial part of MB Digital Hub's synchoronous ecosystem to offer tremendously favourable conditions for students experiencing first-class digital banking services.
digital banks increasingly adopt new technologies to keep pace with consumer expectations

Digital banks increasingly adopt new technologies to keep pace with consumer expectations

Digital banks are embracing more modern technologies to serve the changing customer behaviours during the Fourth Industrial Revolution.
reimagining the customer experience in digital banking

Reimagining the customer experience in digital banking

Vietnam’s digital banking scene has experienced significant changes in recent years, with banks and fintech innovators launching an impressive array of digital tools ranging from mobile payments solutions and wealth management platforms to e-commerce systems. Some of these digital propositions have scaled rapidly, making Vietnam one of Asia-Pacific’s fastest growing markets for digital banking.
asia pacific markets leap forward in digital banking innovation and adoption

Asia-Pacific markets leap forward in digital banking innovation and adoption

As consumer use of digital banking accelerates in the Asia-Pacific, the region’s emerging markets have become the hub of banking innovation for digital business models, according to McKinsey.
three strategies for incumbent banks to jump aboard digital lending

Three strategies for incumbent banks to jump aboard digital lending

Building a new lending product from scratch, buying a pre-built digital lending platform, or partnering with fintech startups are the three most viable routes for traditional banks to jump into digital lending, according to KMS Solutions, Mambu, and Kuliza, the world-leading providers of digital banking solutions.
more fintech partnerships established to ride digital baking wave

More fintech partnerships established to ride digital baking wave

As digital banking will become the new norm, more fintech partnerships have been formed to catch up with this trend in Vietnam.
timo support vulnerable people in the pandemic

Timo support vulnerable people in the pandemic

Timo digital bank joined Zalo Connect with a solution to allow donors to financially support people affected by COVID-19.
pandemic driving digital first mindset around financial services in vietnam

Pandemic driving digital-first mindset around financial services in Vietnam

The global health crisis is driving a digital-first mindset in Vietnam when it comes to opening banking accounts.
banks on the road of digital transformation

Banks on the road of digital transformation

Banks are taking advantage of Vietnam's potential environment to conduct digital transformation to meet increasingly technology-driven consumer demands.
financial wellness and digital money management apps to ignite digital banking

Financial wellness and digital money management apps to ignite digital banking

Financial wellness and digital money management apps are potential future sparks for igniting Vietnam’s race for digital dominance in the retail banking sector.