July 15, 2021 | 17:04
Vietnam is set to see rapid expansion in terms of mobile wallet usage with mobile wallet penetration to reach nearly 55 per cent by 2025.
June 30, 2021 | 11:56
MoMo acquired all intellectual property rights of Pique AI, a company providing AI solutions to personalise customer experience for digital businesses.
May 25, 2021 | 21:16
Despite offering more payment options and benefits like promotions to customers – which make e-wallets an attractive alternative to traditional payment methods – many of the present players are facing heavy losses in Vietnam.
May 05, 2021 | 14:00
Vietnam’s small- and medium-sized enterprises have been advised on and connected to assistance programmes and solutions to accelerate tech application in developing and protecting digital assets and product traceability through a United States Agency for International Development initiative.
March 26, 2021 | 08:00
The newly-launched mobile money pilot programme is expected to heat up competition for domestic players but also open collaboration opportunities to cash in on the niche market.
March 05, 2021 | 09:00
Despite the global recession, Vietnamese startups have still been attracting millions of US dollars from foreign funds in the beginning of 2021.
February 02, 2021 | 01:21
Luring in e-wallet users by plentiful promotion activities seems to be less attractive as the payment method still occupies for a small proportion.
January 20, 2021 | 14:12
Under pandemic-induced restrictions, capital for startups has been tightened as investment funds struggle with adversity.
January 13, 2021 | 17:23
MoMo held a successful Series D capital mobilisation, with Goodwater Capital, Kora Management, and Macquarie Capital among the largest names.
December 10, 2020 | 15:00
While there have been issues relating to peer-to-peer and other digital lending and e-payments solutions in Vietnam as of late, one of the most advanced areas of fintech in the country currently is the increasing use of e-wallets.
December 09, 2020 | 14:59
MoMo is setting sights on becoming a super app, with the first step being the recent launch of its newest feature Du lich – Di Lai (Go travelling).
October 07, 2020 | 12:43
VieON has filed a lawsuit against e-wallet MoMo after having its contract terminated out of the blue, but while information is thin on the ground, communications from the over-the-top platform indicate it may have chosen a legal route harder to prove.
September 29, 2020 | 19:08
Even as major e-wallet platforms enhance partnerships with businesses to gain a foothold in the local market, locally-invested MoMo has suddenly cancelled its contract with an over-the-top platform, raising concerns over whether the e-wallet platform is strong enough without the alliance.
September 21, 2020 | 18:49
OTT platform VieON was left in the lurch by after a one-sided contract termination by MoMo.
August 22, 2020 | 16:51
The State Bank of Vietnam has approved the official license of e-wallet 9Pay.