Hello everyone! Was nice meeting so many of you at our latest Fintech Saigon Meetup “Bankers and Fintech Startups“ at DreamPlex Coworking Space end of March. We are very delighted that many people had registered and attended the event. We are also very honoured to be featured on television and spread Fintech to many people.
More Fintech Meetup Events will come to Saigon and Hanoi very soon, we will keep you updated. Furthermore, please anticipate a new Fintech Vietnam Report from us within next week.
Now, let’s take a look at the newest Fintech in Vietnam updates. Follow also for regular News updated about Fintech Vietnam our Facebook Page.
Best Fintech Greetings,
Fintech Vietnam Meetup
RECOMMENDED BY FINTECH MEETUP
Learn how Fintech is changing banking and financial services and how the market stakeholders are entering the new wave of innovation. Speakers include Christian König – Fintech Specialist, Frank M. Saviane – CEO of Fast Forward Advisors, Luca Mohammadi – Partner of Fast Forward Advisors. The seminar will also cover case studies from DBS bank, OCBC bank and UOB bank. (More)
TOP FINTECH VIETNAM NEWS
The State of FinTech in Vietnam, a Conversation With Christian König
Despite its small size, FinTench in Vietnam is attracting great attention and is one of the growing trends in terms of investment in the country. (More) (For Vietnamese please read here)
Vietnam Banks Dominate ASEAN Top 100 – But The Future’s in Your Pocket
Vietnam’s banks actually have 19 representatives on the top 100 list this year, growing their assets by the second highest amount in the region – an impressive 15.66%. (More)
Banks Must Break Tradition For Development: Experts
Accelerating the use of internet and mobile technology will be essential for Việt Nam’s banking system as the country looks to reach international standards, experts said during the Asian Banker Summit 2016 in Hanoi last week. (More)
Ngân hàng số đầu tiên ra mắt tại Việt Nam
Theo đại diện của Timo, người dùng mở tài khoản tại ngân hàng kỹ thuật số này sẽ được miễn phí sử dụng tại 15.700 máy ATM trên toàn quốc, miễn phí mọi giao dịch chuyển tiền đến tất cả các ngân hàng tại Việt Nam, miễn phí thường niên và không thu phí duy trì tài khoản. (Xem thêm)
Read Fintech Singapore article: “Timo – The First Digital-Only Bank in Vietnam”
Vietnam’s FPT opens e-wallet for online shoppers
V-FPT will process transactions the day after customers receive their items satisfactorily. Customers can also get refunds if sellers provide the wrong products. (More)
IFC eyes investments in Vietnam’s tech space
There’s a lot of space in both e-commerce, fintech, medical technology and e-logistics. Beyond e-commerce or e-retailing, it is a completely new ecosystem where you can do a lot more. (More)
Samsung Gears up Plan to Enter Vietnam Mobile Payment Market
Samsung has entered negotiations with financial institutions in Vietnam, in a move to enter this highly potential mobile payment market with Samsung Pay, according to South Korean media. (More)
New apps seek to reinvent the shopping experience in Vietnam
Discovery is a major element of this new wave of startups: discovering new consumers, discovering new shops, and even discovering untapped markets. (More)
Cash Is Still King in Vietnam, 2 Fintech Firms Try to Change
The expression “cash is king” is even more apt in developing nations like Vietnam. MatchMove Pay and Tapp Commerce are offering new ways for Vietnamese consumers to participate in the growing digital economy. (More)
Singapore’s SoftPay Mobile Takes Majority Stake in Vietnam MPOS Technology JSC
Becoming a majority shareholder of Vietnam MPOS Technology JSC allows SoftPay Mobile to realise its vision to be the leading mPOS Payment Facilitator company in Southeast Asia. (More)
TOP FINTECH ASIA NEWS
Report: Banks Open Innovation Activities in Southeast Asia
An increasing number of industries is coming to realize that innovation is not confined within their organization boundaries and thanks to accessible knowledge and capitals, outside players could pose serious threats to their businesses. (More)
AlibabaPay raises record-breaking $4.5 billion funding round
The round makes Ant Financial the second-most valuable private technology firm behind U.S. ride hailing app Uber, which is worth over $62 billion, and ahead of Chinese smartphone maker Xiaomi, which has a valuation of $45 billion. (More)
Mobile Banking Surges in Asia, Use Cases from Vietnam/India/Korea
South Korea’s Sunny Bank Vietnam launched its mobile banking service in Vietnam in late-2015. Two months following its launch in Vietnam, Sunny Bank managed to onboard over 10,000 clients. (More)
Bastiaan de Goei from AXA: Scaling together: Successful Start-up & Corporate Collaboration
For incumbent organizations it is also vitally important to have a corporate culture that is able to connect to and absorb the results of these different initiatives. A feeling of pride in the organization goes a long way towards corporate success. (More)