Tag "Vietnam"

Vietnam Announces Major Initiative to Become Cashless by 2020

Vietnam’s deputy prime minister Vuong Dinh Hue has signed a policy decision aimed to dramatically reduce cash transactions and improve electronic payment methods by 2020, according to a report by Viet Nam News. The new plan would not only provide

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Blockchain Remittance Platforms Enters Vietnam

OKLink, a next generation global settlement platform, announced today the launch of real-time transfers to Vietnam. Companies on the OKLink network can now transfer up to US$10,000 per transaction to a Vietnam bank account, cash pickup, or mobile wallet for

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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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6 Fintech Startups From Hanoi, Vietnam to Watch

Although still nascent, Vietnam’s fintech sector is growing steadily. A report released in May by Global Information, highlighted the sector’s huge potential in Vietnam. Startups that are leveraging technology, digital platforms and peer-to-peer business models are creating competitive pressures on

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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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Vietnam’s Personal Finance App ‘Money Lover’

ZooStudio, the Vietnamese startup behind Money Lover, has added new features to its personal finance app, now allowing users to link accounts from 15 of the biggest banks in Vietnam as well as popular online services including Uber and PayPal.

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Fintech and Blockchain Struggle to Take Off in Vietnam

Next week, BlockFin Asia in collaboration with Viet Youth Entrepreneurs, will bring together regulators, bankers, investors and fintech experts to discuss the future of finance. The event, which will occur in Ho Chi Minh City (HCMC) on June 15 and

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Fintech Vietnam Startup Report Update Explores Vietnams Massive Fintech Opportunities

With a population of over 90 million people, mostly composed of Millennials who are increasingly plugged in, Vietnam’s Internet economy has got great potential, and yet, fintech still remains a relatively untapped opportunity. In an updated Fintech Vietnam Startup report, Fintech

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Digital Bank Timo Targeting Vietnam’s Millennials, The “Simple” for Vietnam

Vietnam’s first digital bank Timo – which stands for “time is money” – has on-boarded 4,000 customers since launching earlier this year, highlighting the appetite of Vietnam’s millennial generation for all things mobile. Their story reminds of successful US digital only banks such

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Fintech in Vietnam: Mobile Payment Space Ripe for Rapid Growth

The mobile payment space in Vietnam is ripe for exponential growth and there are three main factors supporting the trend: the relatively young population (42.1% are under 25 years old), the rate of smartphone penetration surpassing 50%, and the majority

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