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.
contour joins forces with tinhvan to boost trade finance digitisation in vietnam

Contour joins forces with Tinhvan to boost trade finance digitisation in Vietnam

Digital trade finance network Contour has entered into a partnership with its first systems integrator in Vietnam, Tinhvan Technologies, to drive the digitalisation of trade finance in the country.
mobile money to be officially launched from october

Mobile money to be officially launched from October

Minister of Information and Communications Nguyen Manh Hung has just announced that mobile money would be launched in October.
financial times research highlights the need for banks to digitalise

Financial Times research highlights the need for banks to digitalise

Two in three, equal to 67 per cent, of banks believe they will lose market share within two years if they fail to digitally transform, according to a new report from cloud banking platform Mambu and The Financial Times Focus (FT Focus).
hsbc vietnam facilitates international investment in vnlife vietnams second unicorn

HSBC Vietnam facilitates international investment in VNLIFE, Vietnam’s second unicorn

HSBC Vietnam supported General Atlantic and Dragoneer Investment Group in co-leading a $250 million Series B investment in VNLIFE, a local tech startup operating in banking enablement, digital payment, online travel, and new retail. This capital injection is expected to accelerate the growth of VNLIFE’s existing businesses and support its development of new platforms and technologies to better serve its merchant partners and Vietnamese consumers.