Vietnam

New Vietnam Fintech Startup Map Showcases Vietnam’s Growing Fintech Landscape

With a growing middle class, rising Internet penetration, and a population of nearly 100 million people, most of whom are young and tech-savvy, Vietnam has all the needed characteristics to become a major fintech market. In the past years, the

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Citi Enters Partnership with one of the Hottest Fintechs in Vietnam

Citi Treasury and Trade Solutions announced a strategic partnership with Vietnam-based intermediary payment service provider Payoo to facilitate consumer-to-business collections for corporate clients in the country. Under the partnership, Citi’s corporate clients in Vietnam will be able to receive real-time

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Vietnam’s Deputy Prime Minister Says It Will Be Piloting P2P Lending Soon

Deputy Prime Minister Vuong Dinh Hue announced during a ministerial meeting recently that the Vietnamese government will soon issue a decision to allow a pilot implementation of peer-to-peer (P2P) lending before officially developing a regulatory framework for the new fundraising

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13 Hottest Fintech Startups in Vietnam

Fintech continues its momentum in Vietnam with local startups gaining significant traction from foreign investors. These raised a record of US$117 million in 2018, the maximum funding in Vietnamese startups for that year. Vietnam’s rapidly evolving fintech sector has been largely

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5 of Vietnam’s Top Funded Fintechs

Fintech development is accelerating in Vietnam with companies in the sector attracting US$117 million last year, the maximum funding in Vietnamese startups in 2018. Fintech surpassed e-commerce at US$104 million and other sectors, according to funding data by local accelerator

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Bankers, Fintech Experts Gather in Vietnam to Discuss the Future of Banking

Earlier this month, bankers and fintech experts gathered in Vietnam to discuss the future of banking, the evolving payments landscape, and digitalization in the financial industry. Representatives of Deloitte, Asia Commercial Bank, Saigon Commercial Bank, Oracle, Fintechnews.sg and BankClub took

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Vietnam Gets a Blockchain-Based Alternative to Grab

TADA, launched by a Singapore-based startup MVL, made its presence in Vietnam on Monday. The news comes less than a week after its launch in Cambodia. TADA – which means “let’s ride” in Korean – uses blockchain technology to curb

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Vietnamese Banks Ramp up Fintech Development

Fintech is gaining popularity around the world including in Vietnam where experts and industry observers predict strong growth, driven by the country’s low banking penetration and young and increasingly affluent population. “Vietnam has strong growth potential for fintech development, and

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GrabPay Eyes Vietnam and South East Asia Digital Payments Dominance as Competition Heats Up

Grab, Southeast Asia’s first decacorn valued at more than US$10 billion, began its humble beginnings as a ride-hailing app but has since evolved into one of the region’s “super app,” providing varied services ranging from food delivering, logistics services, and

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Mobile Payments in Vietnam: End of 2018 News Roundup

Cashless payments are booming in Vietnam, more than doubling in value over the first three quarters of 2018. In particular, transactions over mobile apps and digital wallets rose by an impressive 126% and 161%, respectively, according to Department of Payments

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