BNPL

Buy now, pay later transactions to reach $3.33 billion in 2024

April 12, 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.

Tech-driven embedded finance disrupting Vietnam’s financial landscape

May 04, 2023 | 08:00

Pham Quang Minh, general manager at Mambu Vietnam, digs into next-generation technology and fresh business models.

Fundiin raises $5 million investment in Series A round

October 18, 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.

Assessing the potential of buy now, pay later services

September 26, 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

September 26, 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

September 26, 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

September 23, 2022 | 10:54

As Buy Now, Pay Later becomes more popular, experts have shared how this new payment service could increase cashless payments in Vietnam’s e-commerce market.

Acquisitions fuelling buy now, pay later trends

August 24, 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

August 24, 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

August 09, 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.