Posts From Fintechnews Vietnam
Major Vietnamese Bank Selects Temenos for Digital Wealth Management
Temenos, the banking software company, today announced that Military Commercial Joint Stock Bank (MB) has selected Temenos Infinity Wealth to deliver digital wealth management services to Vietnamese private banking customers. The implementation will be supported by Temenos’ partner, Syncordis. MB
Read More
Vietnamese Digital Investment Platform Realstake Secures Seed Funding from 500 Startups
RealStake announced today that it has successfully closed seed funding from 500 Startups Vietnam and various angel investors. RealStake aims to digitise and democratise consumer investment in Southeast Asia. It launched in Vietnam in 2019 by enabling retail real estate
Read More
5 Fastest Growing Fintechs in Vietnam According to IDC
IDC Financial Insights today released the 2020 update of its FinTech Fast 101 research which details a list of fast-growing FinTechs in Asia/Pacific excluding Japan (APEJ) from 11 key markets. IDC’s FinTech Fast 101 research refers to fast-growing fintech players
Read More
4 Fintech Startups from Vietnam to Watch out for in 2020
Vietnam’s fintech industry gained pace in 2019. Last year, Vietnam ranked second in ASEAN in terms of fintech funding (36%), second only to Singapore (56%). The sharp increase in funding was attributed to two large deals going to payments companies
Read More
Vietnam’s ViettelPay Expects Triple Growth of Users In 2020
ViettelPay a digital wallet service under the Viettel Group said in a media statement that it is confident that the company will triple its user base by 2020. According to the company, they now have over 9 million users and
Read More
Grab Launches Early-Stage Startup Accelerator in Vietnam
Grab, today announced the launch of Grab Ventures Ignite, an accelerator programme for early-stage startups, which it said is a part of the Grab for Good development roadmap in Vietnam which aims to create greater social and economic benefits for
Read More
Top 5 Coworking Spaces for Fintechs in Vietnam
Vietnam’s fintech industry, though still nascent, has witnessed significant growth over the past couple of years. As of mid-2019, the country was home to 154 fintech companies which had attracted a total of US$1.1 billion in investment, according to Lam
Read More
Vietnam Central Bank Drops Plan to Cap Foreign Ownership in E-Payment Companies
The State Bank of Vietnam (SBV) has scrapped its initial plan to limit foreign ownership of locally registered e-payment companies to 49% after consulting with experts and industry participants, according to a VN Express report. In a note released earlier
Read More
32 Non-Bank Organizations Licensed Providing Payment Services In Vietnam: The Complete Updated List
In December 2014, the State Bank of Vietnam (SBV) issued the Circular No. 39/2014/TT-NHNN which sets a series of rules banks and non-bank organizations in Vietnam must follow in order to be permitted to offer intermediary payment services such as
Read More
Vietnam’s Mobile Payments Landscape Sees Strong Developments
Vietnam’s mobile payments landscape has continued to evolve on the back of strong growth and expansion coming from industry players, investment deals, and efforts by the government to establish a favorable environment for the industry to thrive. Vietnamese retailer Saigon
Read More