Little Wallet, a fintech company headquartered in Singapore, has secured $1.6 million in pre-seed funding led by Tikaani Partners.
Little Wallet, a Singapore-based fintech, with the mission to promote financial literacy among children, has signed a partnership with Visa.
An economic expert has said e-wallet firms are breaking out promotions to try and win large chunks of the high potential market in Vietnam.
As competition in the mobile wallet sector is heating up with new operators, big names in the industry continue to step up their game in the race for dominance.
More and more banks are entering the e-wallet business as they see huge growth potential in the wake of the Government’s plan to reduce cash payments to below 10 per cent of all transactions by 2020.
Often leave the house without one of the following: phone, money or travel card? Tired of searching every pocket and bag for passport when getting to the airport? OtterBox, the leader in protection for handheld devices, has revealed a new phone case which will answer to all organisational dreams.
Online financial transactions titan PayPal announced that it has bought a San Francisco startup focused on using smartphone cameras to take credit card payments.
Visa, the world’s leader in digital payments, is launching Google Wallet for cardholders in Vietnam in partnership with ACB, Sacombank, Shinhan Bank, Techcombank, TPBank, Vietcombank, and VPBank. With the launch, Android and Wear OS users will be able to enjoy secure and convenient digital payments with a single tap of their smart device.
Google unveiled a free mobile application on Thursday that turns a smartphone into an electronic wallet and is designed to replace plastic credit cards.
VinID’s purchase of MonPay with the backing of Vingroup may help the e-wallet platform increase its market share in the fiercely competitive market.
Vietnam Online Trading Services Joint Stock Co. (VNO) on Thursday introduced e-wallet WebMoney Vietnam (WMV) to help customers access online payment services globally.
While numerous banks raise service fees on online and mobile banking as well as ATM withdrawals, more and more people choose e-wallet apps for comfort and freedom.
Falling farther and farther behind other e-commerce platforms, Lazada has decided to branch out into e-wallet services – a decision with which the company may very well dig its own grave.
The State Bank of Viet Nam (SBV) will abolish the daily transaction limit of VND20 million (US$854) for personal e-wallets but keep the monthly limit of VND100 million per month, according to Director of SBV’s Payment Department Pham Tien Dung.
Many e-wallet systems were started for the primary reason to create an ecosystem for e-commerce, but their owners fear they may not make money from the service.