regaining trust essential to bolster growth of credit

Regaining trust essential to bolster growth of credit

Some banks are at times reluctant to lend, regardless of their financial standing. Tran Ngoc Bau, CEO of WiGroup, a major provider of economic data and fintech solutions, talked to VIR’s Nhue Man about credit bottlenecks in the current context and how to boost credit growth in a healthy manner.
fintech startup 1long secures 500000 in funding

Fintech startup 1Long secures $500,000 in funding

Vietnam-based fintech platform 1Long announced on February 26 that it has secured $500,000 in a pre-seed funding round with the capital coming from a consortium of investors, including Iterative, Monk’s Hill Ventures, R2VP, and Orionis Capital.
vietnam receives 5 million in swiss aid to elevate fintech sector

Vietnam receives $5 million in Swiss aid to elevate fintech sector

A Swiss-funded project, backed by a $5 million grant, aims to enhance Vietnam's fintech and digital banking sectors.
the innovation process needs blockchain technology switch

The innovation process needs blockchain technology switch

Blockchain technology is considered the future, according to experts and organisations from around the world. Tran Le Hung, deputy head of Fintech Applications at the Vietnam Blockchain Association, told VIR’s Oanh Do about the contributions of blockchain technology in the digital economy and promoting the innovation process in Vietnam.
cambodia launches new fintech development policy

Cambodia launches new fintech development policy

Cambodian Deputy Prime Minister and Minister of Economy and Finance Aun Pornmoniroth on October 4 announced the Cambodia Financial Technology Development Policy 2023-2028, which aims to boost the development of fintech in the Southeast Asian country.
thai chinese firms tie up in cross border payment

Thai, Chinese firms tie up in cross-border payment

TrueMoney, a leading fintech company in Thailand, has partnered with Ant Group of China to launch cross-border mobile payments between Thailand and China, allowing Thai tourists to use TrueMoney e-wallet to make payments to tens of millions of merchants in China.
imminent sandbox to offer boost for fintech environment

Imminent sandbox to offer boost for fintech environment

New regulations are around the corner for the fintech sector, after the first half of the year saw a substantial reduction in funding by 67 per cent compared to the same period last year.
decree on regulatory sandbox for fintech to be introduced

Decree on regulatory sandbox for Fintech to be introduced

A decree on regulatory sandbox for Fintech has been scheduled to come into force in Q3/2023, getting online lenders out of the regulatory limbo that they have been trapped in for years.
the future of banking discussed at temenos forum

The future of banking discussed at Temenos forum

The 2023 Temenos Regional Forum was held on August 23 and played host to banking experts as they shared their views on digital transformation and the future of banking, where the customer is at the centre of new technology.
bamboo capital signs partnership deal with stacs

Bamboo Capital signs partnership deal with STACS

Vietnam’s Bamboo Capital Group signed a partnership agreement on August 22 with STACS, an environmental, social, and governance (ESG) fintech firm headquartered in Singapore, marking a major step on the journey towards sustainable development.
buy now pay later offering unique substantial value

Buy now, pay later offering unique, substantial value

The buy now, pay later fintech segment is attracting strong attention of businesses and consumers and is considered the new piece of the financial market pie. Nguyen Anh Cuong, co-founder and CEO of Fundiin, told VIR’s Nguyen Thu about the advantages and potential barriers in Vietnam
fintech groups boost tie up credentials

Fintech groups boost tie-up credentials

An increasing number of foreign fintech companies are gravitating towards Vietnam, emphasising their enthusiasm through strategic alliances with local partners.
vietnamese fintech startups secure a mere 62 million funding in 1h2023

Vietnamese fintech startups secure a mere $6.2 million funding in 1H/2023

Vietnam's records experienced a significant decline in fintech funding, with the total amounting to a lower-than-expected $6.2 million in the first half of 2023.
vietnams fintech landscape poised for significant growth

Vietnam's fintech landscape poised for significant growth

Despite a drop in funding, Vietnam will continue to breed fintech unicorns in the long-term.
credgenics targets vietnam after 50 million series b round

Credgenics targets Vietnam after $50 million Series B round

India's SaaS debt recovery firm, Credgenics, secured a robust $50 million in a Series B round on August 10, with backing from prominent investors including Westbridge Capital and Accel.