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Search Results: 17 results for keyword "BNPL".
Buy now, pay later transactions to reach $3.33 billion in 2024
12-04-2024 09:59
Buy now, pay later (BNPL) payments in Vietnam are expected to grow by 41.8 per cent on an annual basis to reach $3.33 billion in 2024, according to an industry report released by ResearchAndMarkets on April 11.
Barriers remain for BNPL to be top tool
03-08-2023 21:00
The buy now, pay later fintech segment is still in a feeling-out stage in Vietnam as it attracts both foreign and local players that must take on tough competition in order to survive.
Consumers empowered with Kredivo
19-06-2023 14:00
By continuing to leverage top-notch technologies, fintech group Kredivo is well-positioned to maintain its market triumph in the buy now, pay later (BNPL) market and offer Vietnamese customers with an unparalleled experience, tapping into the country’s rapidly growing e-commerce sector with a convenient and secure way for online payment.
Kredivo enters into collaboration with OnePay
30-05-2023 18:41
Kredivo, a leading buy now, pay later (BNPL) platform in Indonesia and one of the most valuable fintech unicorns in Southeast Asia, has announced a partnership with OnePay, a top payment services provider in Vietnam since 2006.
Tech-driven embedded finance disrupting Vietnam’s financial landscape
04-05-2023 08:00
As technology evolves and the Vietnamese economy matures, more innovative fintechs are embracing the benefits of next-generation technology and unique business models to reach underserved populations and provide them with the means to access banking and financial services quickly and conveniently. Pham Quang Minh, general manager at Mambu Vietnam, digs into such fresh business models, as well as the outlook for the country's digital technology.
Home Credit teams up with OnePay to promote Home PayLater expansion
02-11-2022 15:31
Home Credit is working with OnePay on the buy now pay later (BNPL) model to promote digital payment habits in Vietnam.
Fundiin raises $5 million investment in Series A round
18-10-2022 13:55
Buy now pay later (BNPL) fintech Fundiin has successfully raised $5 million in a Series A funding round co-led by Trihill Capital and ThinkZone Ventures. The new round of funding will help Fundiin to expand at a faster pace and expand to Indonesia in the upcoming series B round.
Assessing the potential of buy now, pay later services
26-09-2022 11:00
Home Credit is betting on the prospects of buy now, pay later services in Vietnam. Michal Skalicky, chief customer officer of Home Credit Vietnam, shared with VIR’s Thanh Van his insight into the growth potential in Vietnam’s e-commerce market.
Growing the adoption of BNPL providers in Vietnam
26-09-2022 10:00
The gaining popularity of buy now, pay later (BNPL) services has served as a spark for new trends in digital merchant adoption. Nguyen An Son, head of Project Development for the Centre for Informatics and Digital Technology at the Ministry of Industry and Trade’s Department of E-commerce and Digital Economy, told VIR’s Nguyen Thu about the prospects for BNPL in Vietnam.
BNPL services open up e-commerce options
26-09-2022 08:00
While the market for buy now, pay later services in Vietnam is still in its infancy, more users are opting for this payment method as the technology for both the credit rating process and other logistical aspects is refined.
BNPL catalyses cashless payments in e-commerce market
23-09-2022 10:54
As Buy Now, Pay Later (BNPL) becomes more popular in the nation, experts have shared their insights into the prospects of this new payment service as a catalyst to the growing cashless payments in Vietnam’s e-commerce market.
Acquisitions fuelling buy now, pay later trends
24-08-2022 11:40
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
24-08-2022 08:00
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
09-08-2022 11:34
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
01-10-2021 10:54
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.
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