Fintech future in store for smarter M&A deals

Fintech future in store for smarter M&A deals

Cross-border merger and acquisition deals are being altered as a direct result of increasing inflation. Nevertheless, foreign investors are exploring untapped potential in the fintech industry to stay competitive in the digital era.
Rootopia secures $1 million in pre-seed money

Rootopia secures $1 million in pre-seed money

Rootopia announced the company has raised $1 million in a pre-seed round from Genesia Ventures, ThinkZone Venture and BK Fund.
Tie-ups lift top e-commerce players

Tie-ups lift top e-commerce players

Possessing an average growth rate of 20 per cent per year, the e-commerce retail market is now not only a private land of e-commerce platforms but also a common game of tech solutions providers such as fintech.
Digesting fintech sandbox draft rules

Digesting fintech sandbox draft rules

A couple of months ago, the Vietnamese government issued a second draft decree on implementation of the regulatory sandbox for fintech.
Making an impact in fintech sector requires knowledge, says leading FCPA

Making an impact in fintech sector requires knowledge, says leading FCPA

The fintech landscape is changing at lightning speed, according to Ashish Verma FCPA (Aust.), head of finance, IT, and commodities for Kirby South East Asia.
On-demand services in steep advance

On-demand services in steep advance

The on-demand economy is surpassing traditional business models faster than anticipated, changing customer behaviour in Vietnam while also levelling the business-to-business playing field.
VNG Group pumps $22.5 million into fintech platform

VNG Group pumps $22.5 million into fintech platform

Digital financing platform Funding Societies has confirmed its fresh fundraising round worth $144 million in an oversubscribed Series C+ led by SoftBank Vision Fund 2 and several other venture capital firms.
Dorsey fintech firm Block wants bitcoin mining for all

Dorsey fintech firm Block wants bitcoin mining for all

Jack Dorsey on Thursday announced that his digital payments firm Block is building a system to make it easier for people to mine bitcoin.
Netstars Vietnam partners with M-service to promote non-cash payment for TeteShop users

Netstars Vietnam partners with M-service to promote non-cash payment for TeteShop users

Netstars Vietnam Co., Ltd. signed a collaboration agreement with Mobile Online Services JSC (M service) in early December 2021.
M-Service becomes Vietnam's latest unicorn with valuation of more than $2 billion

M-Service becomes Vietnam's latest unicorn with valuation of more than $2 billion

M-Service JSC, the parent firm of MoMo, has just become the country's latest unicorn with a valuation of more than $2 billion in its Series E round.
MoMo bags $200 million in Series E fundraising round

MoMo bags $200 million in Series E fundraising round

MoMo raised about $200 million in equity financing from leading global investors including in its Series E fundraising round.
Banking platform Mambu raises  €235 million to accelerate investments in innovation

Banking platform Mambu raises €235 million to accelerate investments in innovation

Mambu announced the largest private financing round for a banking software platform, making it one of the highest-valued B2B SAAS companies founded in Europe.
Local fintech startup GIMO bags $1.9 million in Seed+ round led by Integra Partners

Local fintech startup GIMO bags $1.9 million in Seed+ round led by Integra Partners

GIMO, a Vietnam-based fintech startup offering on-demand payment firm for blue-collar workers, has secured $1.9 million in a Seed+ round.
Fintech seeing rapid growth across ASEAN

Fintech seeing rapid growth across ASEAN

As ASEAN and Vietnam in particular embrace the rise of digital payments, thanks to their young and digital-savvy populations, investors continue to pay more attention to the fintech environment.
Vietnam takes third spot in ASEAN fintech funding

Vietnam takes third spot in ASEAN fintech funding

Fintech funding in ASEAN more than tripled in the first nine months of 2021 against full-year 2020, with Vietnam attracting two of the largest funding rounds.
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