Posts From Fintechnews Vietnam
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
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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
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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
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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
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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
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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
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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
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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
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A Review of Vietnam’s Fintech Industry in 2019
As of September 30, Vietnam ranked second in ASEAN in terms of fintech funding, attracting 36% of the region’s fintech investment in 2019, second only to Singapore (51%), according to a joint report by PricewaterhouseCoopers (PWC), United Overseas Bank (UOB),
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Lazada Philippines Teams up with AsiaKredit to Offer Shoppers Installment Plans
Asia Kredit announced today a partnership with Lazada Philippines which will enable Lazada shoppers to purchase and apply for monthly payment installments on the Lazada Platform through AsiaKredit’s eShopaLoan. Filipino consumers will now have the option of paying for purchases
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