dorsey fintech firm block wants bitcoin mining for all

Dorsey fintech firm Block wants bitcoin mining for all

Jack Dorsey on Thursday announced that his digital payments firm Block is building a system to make it easier for people to mine bitcoin.
netstars vietnam partners with m service to promote non cash payment for teteshop users

Netstars Vietnam partners with M-service to promote non-cash payment for TeteShop users

Netstars Vietnam Co., Ltd., a member of multinational fintech startup Netstars, signed a collaboration agreement with Mobile Online Services JSC (M service) in early December 2021.
m service becomes vietnams latest unicorn with valuation of more than 2 billion

M-Service becomes Vietnam's latest unicorn with valuation of more than $2 billion

M-Service JSC, the parent firm of Vietnam-based e-wallet MoMo, has just become the country's latest unicorn with a valuation of more than $2 billion in its Series E round after securing around $200 million from a consortium of investors led by Mizuho Bank.
momo bags 200 million in series e fundraising round

MoMo bags $200 million in Series E fundraising round

MoMo,Vietnam’s No.1 super app, announced the successful completion of its Series E fundraising round. The company raised about $200 million in equity financing from leading global investors including Mizuho, Ward Ferry, Goodwater Capital and Kora Management. The Series E was led by leading Japanese global bank Mizuho.
banking platform mambu raises 235 million to accelerate investments in innovation

Banking platform Mambu raises €235 million to accelerate investments in innovation

Banking technology platform Mambu, which has a growing presence in Vietnam, has announced a €235 million ($265.9 million) Series E round, which was the largest private financing round for a banking software platform and made it one of the highest-valued B2B software as a service companies founded in Europe.
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.
bold reforms for equitable access to finance by promoting microfinance

Bold reforms for equitable access to finance by promoting microfinance

While most of the fundamentals are in place, and Vietnam’s capital markets are positively flourishing, with rising bank coverage and a robust fintech scene, there is surprisingly little in the way of microfinance institutions. Vietnam needs to bring its regulatory framework up to speed to open up the way for this important financing channel for the benefit of individuals and small-scale enterprises.
local fintech startup gimo bags 19 million in seed round led by integra partners

Local fintech startup GIMO bags $1.9 million in Seed+ round led by Integra Partners

GIMO, a Vietnam-based fintech startup offering on-demand pay for blue-collar workers, announced on Tuesday that it had successfully secured $1.9 million in a Seed+ round led by Singapore’s Integra Partners.
fintech seeing rapid growth across asean

Fintech seeing rapid growth across ASEAN

As ASEAN and Vietnam in particular embrace the rise of digital payments, thanks to their young and digital-savvy populations, investors continue to pay more attention to the fintech environment.
vietnam takes third spot in asean fintech funding

Vietnam takes third spot in ASEAN fintech funding

Fintech funding in ASEAN more than tripled in the first nine months of 2021 against full-year 2020 to a historic high of $3.5 billion, with Vietnam attracting two of the 13 largest funding rounds.
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.
gojek rolls out cashless payment services in vietnam

Gojek rolls out cashless payment services in Vietnam

Gojek today announced the launch of a cashless payment feature on its app in Vietnam, making its official foray into the booming fintech market.
bizzi closes 3 million pre series a round

Bizzi closes $3 million Pre-Series A round

Bizzi, a software-as-a-service (SaaS) platform that streamlines themanual accounting processes, has closed a $3 million Pre-Series A round led by Money Forward, a leading fintech/SaaS company in Japan, with additional participation from local venture capital firm Do Ventures and returning Singapore-based investor Qualgro.
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.