Tag "Vietnam"
Digital Banking Sees Prosperous Future in Vietnam
Like the rest of emerging countries in Asia, digital banking penetration in Vietnam is on the rise. According to a survey by IDG Vietnam, 81% of respondents said they used digital banking solutions in 2017 compared to 21% in 2015.
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Fintech for Financial Inclusion in Vietnam
Fintech companies, which leverage technology and digital platforms to provide financial services at lower cost and wider, better access, have a key role to play in Vietnam where only 59% of the population have a formal bank account. A paper
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Vietnam Fintech Sector Report: All about Digital and Mobile Payments ?
Vietnam’s fintech industry is poised for growth as Internet and smartphone penetration rates continue to rise and as the government pursues its push for greater digitalization of the economy, according to a new report by consulting firm Solidiance. In 2017,
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Private Equity Investments Take Off In Vietnam
Private Equity in Vietnam. The country kicked off the year 2018 with major investment deals in private equity, revealing investors’ confidence in the rapidly growing economy. In February, Malaysia-based investment fund Creador announced its plan to open an office in
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New Peer-To-Peer Lending Players In Vietnam
A new company called Lendbiz was recently set up in Hanoi. The company offers a peer-to-peer lending platform targeted at small and medium-sized enterprises (SMEs) in Vietnam. Lendbiz joins other peer-to-peer lending platforms in Vietnam such as Timma, Vaymuon and
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Vietnam Welcomes First Robo-Advisor Platform
Vietnamese fintech startup Finhay is targeting the country’s millennials with a new robo-advisor service that lets customers invest in top mutual funds in Vietnam starting with as little as 50,000 VND (US$2.6). Finhay provides a platform connecting mutual funds with
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Vietnamese Startups, Entrepreneurs Warm Up To ICOs
Initial coin offerings (ICOs) have become the preferred fundraising method for players in the cryptocurrency and blockchain space, enabling entrepreneurs and projects to raise over US$2 billion in 2017 alone. While ICOs have proven to be a successful way for
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Top Fintech Vietnam News from August 2017
Fintech Vietnam Meetup is back with another newsletter, September 2017 edition. With the fast pace of the recent developments in Fintech, there are a lot of local and international news that we would like to share with you today. For the daily update, you
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Digital Payments: Cash Still King in Vietnam
Despite Vietnam’s high smartphone and mobile Internet penetration rates, consumer adoption of fintech solutions remains low with cash-payment habit being hard to change. “Vietnamese, including the unbanked, have already used their mobile for many activities in their everyday life, but
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Top Fintech Vietnam News from July/August 2017
Fintech Vietnam Meetup is back with another newsletter, July/August 2017 edition. With the fast pace of the recent developments in Fintech, there are a lot of local and international news that we would like to share with you today. A big thank you to all
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