Tag "MoMo"

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The 7 Hottest Fintech Startups and Solutions in Vietnam

Vietnam is a very Internet-connected country, and with the increasing penetration of smartphones there is a wealth of opportunity for online businesses, digital agencies and application developers. Like other late-adopters of Internet technology, Vietnam has benefited from the cheap hardware

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Vietnam Banks Dominate ASEAN Top 100 – But The Future’s in Your Pocket

Vietnamese lenders make up a fifth of the top 100 ASEAN banks in 2016 says The Banker, a leading financial industry publication. It is an interesting situation. Vietnam’s banks actually have 19 representatives on the top 100 list this year,

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6 Fintech Startups From Ho Chi Minh City Vietnam to Watch

With a little over 30 players, Vietnam’s fintech startup scene is still quite small and yet, industry experts and observers are confident of the sector’s tremendous potential given the country’s massive Millennial population and high Internet and mobile phone penetration

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Too many Innovation Labs too few Innovations “Dances With Drums” by Fintech-Hubs and Banks

There are so many innovation labs and too few innovations. I regularly meet with bankers worldwide and the first phrase I hear (especially in Asia) from those who decided to invest in fintech (there are few of them so far,

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3 Must-Have Fintech/Finance Apps for Expats in HCMC

Possibly the first thing you think about as an expat is money – how to manage it, where to store it, how to earn it, how to move it, etc. And as any expat in Ho Chi Minh will tell you, navigating the

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Momo – The Rising Star of Vietnam Fintech in Online Payments

With one-quarter of the population aged under 25, Vietnam has a real potential for disruptive technology to gain mainstream attention. Launched in June 2014, MoMo, a service of M_Service, which works both as an e-wallet and a payment app, has

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Mobile Banking Surges in Asia

Mobile is already the largest banking channel by volume of transactions and its adoption by new customers is entering an exceptionally rapid phase. A survey (pdf) by McKinsey and Company found that across ASEAN (Singapore, Malaysia, Brunei, Cambodia, Indonesia, Laos,

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Fintech Vietnam Boom Starts: Vietnamese Fintech Startup Raises US$28M From Goldman Sachs and Standard Chartered

Standard Chartered Private Equity (SCPE) and Goldman Sachs have respectively invested US$25 million and US$3 million in M_Service, a Vietnamese fintech startup and the operator of mobile digital wallet MoMo. The deal marks the second publicly disclosed investment in M_Service by

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Infographic: the State of Fintech in Vietnam as of January 2016

Vietnam’s nascent fintech sector has a prosperous future lying ahead. While the ecosystem is still relatively small with about 30 players, the sector is one of the hottest investment trends for startups in the country. In August 2015, OnOnPay, a

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