buy now pay later on the rise in vietnam

"Buy now, pay later" on the rise in Vietnam

The trend of buy now, pay later solutions is projected to gain traction in Vietnam with many players unveiling new services to tap into this fast-growing segment.
four new payment intermediaries licensed in vietnam since 2021

Four new payment intermediaries licensed in Vietnam since 2021

From the beginning of the year, the State Bank of Vietnam (SBV) has issued new licences to four non-bank payment intermediaries, showing the increasing demand by local firms to join the fintech rush.
nextpay launches digital transformation ecosystem next360vn for msmes

NextPay launches digital transformation ecosystem Next360.vn for MSMEs 

NextPay, a Vietnamese fintech firm owned by NextTech Group, on March 31 launched the Next360.vn digital transformation ecosystem for micro-, small-, and medium-sized enterprises (MSMEs), with the aim of conquering the huge growth potential of the local market.
financial institutions opting more into ekyc convenience

Financial institutions opting more into eKYC convenience

Fintech companies, banks, and other financial institutions are making great strides to go paperless, eliminating physical movements and paperwork, and becoming more cost-effective through electronic processes.
mobile transactions in vietnam to grow by three times by 2025

Mobile transactions in Vietnam to grow by three times by 2025

Mobile transactions in Vietnam are expected to increase by 300 per cent between 2021 and 2025, led by strong growth in mobile payments, as revealed in the second edition of the Fintech and Digital Banking 2025 (Asia-Pacific) IDC InfoBrief, commissioned by Backbase.
lenders reinforcing cyber defences

Lenders reinforcing cyber defences

Although banks and innovative fintech technologies already benefit customers’ experience, they also come with possible cyber threats, especially as customers often do not realise the risks.
momo announced its completion of series d funding round

MoMo announced its completion of Series D funding round

Leading local e-wallet MoMo has published the results of its successful Series D capital mobilisation, including Goodwater Capital, Kora Management, and Macquarie Capital among the largest names.
atm online debuts new micro loan product for unexperienced

ATM Online debuts new micro-loan product for unexperienced

Singapore-headquartered fintech firm ATM Online has launched new products for its new clients.
e wallet services to facilitate online payment convenience

E-wallet services to facilitate online payment convenience

While there have been issues relating to peer-to-peer and other digital lending and e-payments solutions in Vietnam as of late, one of the most advanced areas of fintech in the country currently is the increasing use of e-wallets. Dung Dang, managing partner at Indochine Cousel, writes on the existing rules for e-wallets in Vietnam and how they pertain to privacy and accessibility.
vng cloud eyes new fintech solution partners at switch 2020

VNG Cloud eyes new fintech solution partners at SWITCH 2020

VNG Cloud will be sourcing for innovation partners at Enterprise Singapore’s (ESG) inaugural Southeast Asian Open Innovation Challenge at the Singapore Week of Innovation and Technology 2020 (SWITCH 2020) on December 7-11, 2020.
shinhan bank successfully modernises trading and risk platforms with finastra

Shinhan Bank successfully modernises trading and risk platforms with Finastra

Shinhan Bank Vietnam has successfully standardised and integrated its trading and risk platforms with Finastra’s Fusion Kondor and Fusion Risk.
vietnam fintech startup go from 44 in 2017 to 121

Vietnam fintech startup go from 44 in 2017 to 121

Vietnam’s fintech startup landscape almost tripled in size between 2017 and 2020, growing from 44 startups in 2017 to now 121 startups, according to a new report released by Fintech News Singapore.
value of bidvs major support spending recognised

Value of BIDV’s major support spending recognised

As one of the many enterprises honoured this year, state-owned BIDV has been recognised within the Vietnam Value Programme for its efforts in fintech and user experience, with the bank offering multiple applications for its customers to conveniently use in everyday life.
alibaba fintech arm gets nod for record ipo listing in hong kong

Alibaba fintech arm gets nod for record IPO listing in Hong Kong

The financial arm of Chinese e-commerce titan Alibaba received Monday a green light from Chinese regulators to list in Hong Kong, according to data published online, another step towards the biggest IPO in history.
mobile money regulations explained

Mobile money regulations explained

As businesses in Vietnam race to provide financial services for the unbanked and underbanked population through various fintech solutions, the Vietnamese government is closely following this industry trend and has initiated a pilot scheme for mobile money.