Fundiin raises $5 million investment in Series A round

Fundiin raises $5 million investment in Series A round

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

Assessing the potential of buy now, pay later services

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

Growing the adoption of BNPL providers in Vietnam

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

BNPL services open up e-commerce options

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

BNPL catalyses cashless payments in e-commerce market

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

Acquisitions fuelling buy now, pay later trends

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

BNPL products come to aid of consumers

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

Clearing the way to legal support for BNPL services

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

Lotte Finance launches PayLater service to catch up with "buy now, pay later" trend

Lotte Finance Vietnam has officially launched a brand new consumer finance service called PayLater by Lotte Finance to capture the "buy now, pay later" segment.
BNPL Fundiin raises $1.8 million in oversubscribed seed round

BNPL Fundiin raises $1.8 million in oversubscribed seed round

Fundiin, the leading buy-now, pay-later (BNPL) fintech in Vietnam, has closed an oversubscribed seed round of $1.8 million.
Kredivo enters Vietnam with ambition to be the BNPL market leader

Kredivo enters Vietnam with ambition to be the BNPL market leader

As one of Southeast Asia’s fastest-growing and most promising digital economies, Vietnam represents a significant growth potential for Kredivo.