Vietnam

Blockchain/Bitcoin in Vietnam – A short Overview

As a country where cash is still the king of currency, the current state of implementation of Blockchain technology solutions in Vietnam is still very new. A few Vietnam fintech startups have been working on providing basic infrastructure layers in

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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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Timo Interview: We Have Just Launched the Coolest Bank in Vietnam

In an exclusive Interview with the CEO of Vietnams first Digital Bank Timo,  Claude Spiese is telling Fintechnews about their business model, the scalability and about some future plans. He explains why his mobile only bank is targeting 50 Millions Vietnamese and claims

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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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Mobile Drives Internet Penetration and Habits in Vietnam, Says New Study

In Vietnam, mobile is driving Internet penetration and is changing the habits of online consumer, significantly impacting two key consumer groups: users in rural areas, and consumers aged over 35 years, according to a new market research. The study, conducted

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Mobile Social Network VisiKard Lets You Pay and Manage Your Money On-The-Go

As commerce goes mobile and social networks become funnels for payments, the lines between social media, payments and mobile are starting to blur. This trend has led to the emergence of a new type of services that are blending payment

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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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Report: Banks Open Innovation Activities in Southeast Asia

Recently, I have been invited to speak at the Fintech meetup in Ho Chi Minh City. The theme of the event was “Bankers and Fintech Startups”, a perfect ground to present the findings of our research on banks open innovation

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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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