Consumer finance groups aspire to consolidate position

Consumer finance groups aspire to consolidate position

Foreign-backed consumer finance companies are diversifying their scope of activities to capture a larger and more lucrative market share in Vietnam.
Home Credit invests VND200 billion into Buy Now Pay Later service

Home Credit invests VND200 billion into Buy Now Pay Later service

Home PayLater – a digital financial product with a VND200 billion ($8.7 million) investment – is set to enhance the convenience of consumers’ online shopping experiences.
Home Credit partners with Tiki to launch Home PayLater

Home Credit partners with Tiki to launch Home PayLater

Home Credit announced on July 15 that the company has signed a cooperation agreement with Tiki to launch Home PayLater, a Buy Now Pay Later product.
Shinhan Financial Group acquires 10 per cent stake in Vietnam’s ecommerce platform Tiki

Shinhan Financial Group acquires 10 per cent stake in Vietnam’s ecommerce platform Tiki

With Tiki as its first strategic partner in Vietnam, Shinhan Financial Group from South Korea is looking to develop its digital capabilities.
VNPAY partners with TIKI to optimise digital payments

VNPAY partners with TIKI to optimise digital payments

VNPAY has joined forces with the e-commerce platform TIKI to allow consumers to make online payments by scanning the VNPAY-QR code on the TIKI website and app.
Korean banks buckle up for expansion

Korean banks buckle up for expansion

The four largest financial behemoths of South Korea are attempting to advance in Vietnam, highlighting the country’s robust development prospects.
AIA Vietnam CEO joins Tiki’s Board of Directors

AIA Vietnam CEO joins Tiki’s Board of Directors

Tiki Global Pte. Ltd. has just appointed Wayne Besant – CEO of AIA Vietnam Life Insurance Co., Ltd. – to its Board of Directors.
More unicorns emerge as mega deals pave way for startups

More unicorns emerge as mega deals pave way for startups

Total funding into Vietnamese startups over the past year is likely to have reached a new high with more startups crossing over into a unicorn status.
Online payments via e-wallets on the rise

Online payments via e-wallets on the rise

Gaining momentum through four social distancing periods, e-wallet payments, along with e-commerce continue to thrive in the new normal.
Tiki bags $258 million funding round as it seek offshore listing in US

Tiki bags $258 million funding round as it seek offshore listing in US

Tiki raised $258 million in a Series E funding round led by AIA Insurance in anticipation of its initial public offering in the US.
Lack of novelty may hinder IPO ambitions

Lack of novelty may hinder IPO ambitions

Vietnamese e-commerce holding company Society Pass has announced its intention to raise millions of US dollars from an initial public offering in the United States – but it remains unclear how a company with little success can achieve this goal ahead of e-commerce’s big hitters.
Northstar Group to prepare for SPAC listing in Singapore

Northstar Group to prepare for SPAC listing in Singapore

Private equity firm Northstar Group, which boasts a diversified portfolio in Southeast Asia, including Vietnam, is allegedly preparing for its special purpose acquisition company (SPAC) listing on the Singapore Exchange (SGX).
IPO frenzy intensifies

IPO frenzy intensifies

Some major tech-affine Vietnamese corporations are jumping on the bandwagon for overseas initial public offerings, particularly in the United States.
Taiwan Mobile joins Tiki's Series E funding with $20 million

Taiwan Mobile joins Tiki's Series E funding with $20 million

Taiwan Mobile, the second-largest mobile operator in Taiwan, has invested $20 million in Tiki's Series E funding round, entering the Vietnamese market.
Tiki and AIA announce Vietnam’s first comprehensive digital and insurance platform

Tiki and AIA announce Vietnam’s first comprehensive digital and insurance platform

Tiki and AIA Vietnam have announced Vietnam’s first comprehensive partnership between a digital platform and a life insurer.
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