GoBear Expands Pawprints in Asia With Vietnam Launch

GoBear Expands Pawprints in Asia With Vietnam Launch

by December 8, 2016
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GoBear, Asia’s comprehensive and transparent metasearch engine for insurance and banking products is now available in Vietnam. Vietnam is the 6th market in Asia for GoBear to offer financial product comparison that is online, easy to use, unbiased, personalised and free of charge.

BearOnTheGo Event of GoBear at GEM Center. Via Facebook

BearOnTheGo Event of GoBear at GEM Center. Via Facebook

GoBear Vietnam will first launch two products, credit card and personal loan comparisons in Vietnamese. These services will empower consumers, allowing them to conveniently compare across nearly 200 credit cards and 30 name lending facilities from a variety of 50 existing banks and finance companies in the market. Plans for more products such as life insurance, are in the pipeline.

GoBear's Products in Vietnam: credit card and personal loan comparisons

GoBear’s Products in Vietnam: credit card and personal loan comparisons

“GoBear is excited to offer our products in Vietnam as we see an immense opportunity for growth here. Vietnam is an emerging market with a huge potential in the banking and insurance sectors, as well as the booming e-commerce space. We are confident that this new way of searching for financial products will help Vietnamese users make a more informed decision,” says Mr. Andre Hesselink, GoBear founder and Chief Executive Officer.

As one of the fastest growing fintech startups in Asia, GoBear is leading the way in simplifying financial shopping experience which consumers most often find to be complicated and jargon-heavy.

GoBear's Development to Vietnam Market. Via Facebook

GoBear’s Development to Vietnam Market. Via Facebook

First launched in Singapore in 2015, GoBear has since extended its pawprints to other major Asian countries including Thailand, Malaysia, the Philippines, Hong Kong, and now Vietnam. Less than two years into operation, more than 4.5 million users have put their trust in GoBear when it comes to comparing insurance and banking products such as credit cards and personal loans.

Mr.Tran Nhat Khanh, GoBear Vietnam Country Director, says: “GoBear does not sell products directly but offers consumers a free, easy and transparent comparison experience based on personalised needs. GoBear is not influenced by service providers’ advertising and therefore, is able at all times to maintain impartiality and help users save time and money.”

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  1. #1 Asia to Become a Key Pillar in the Insurtech Revolution | Fintech Hong Kong 21 April, 2017, 11:35

    […] include PolicyPal, an app that lets you manage all your insurance policies in one place, and GoBear, a comparison portal for insurance and banking products. Others, such as MyDoc, are targeting the […]

  2. #2 Singapore Poised to Become a Hotbed for Insurtech in Asia | Fintech Singapore 21 June, 2017, 10:02

    […] GoBear, for instance, provides insurance and financial comparison services throughout Asia. In December 2016, the service expanded to Vietnam. […]

  3. #3 The Promise of Fintech in Vietnam. A Culture of Cash | Fintech Singapore 21 July, 2017, 10:36

    […] In 2016, the firm expanded to Vietnam, allowing consumers to compare almost 200 credit cards offers from approximately 50 financial institutions in the market. GoBear earns a commission from the provider that is chosen by the consumer via its online process. This “pay for impact” business model may become more popular in Vietnam since it increases transparency and information for consumers while they are making financial decisions. […]

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