Posts From Fintech News Vietnam
Apple Pay Now Available in Vietnam Through Visa
Payment giant Visa announced that it has made Apple Pay available to its users in Vietnam in a push for cashless payments in the country. Major banks such as Asia Commercial Joint Stock Bank (ACB), Military Commercial Joint Stock Bank
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Vietnam’s OCB to Fully Digitise Customer Journeys with Backbase and SmartOSC
Vietnam’s Orient Commercial Joint Stock Bank (OCB) has selected digital banking software provider Backbase to power its omnichannel banking modernisation efforts. OCB is Backbase’s fifth customer in the country. With the implementation of Backbase’s Engagement Banking Platform (EBP), OCB will
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Vietnam’s Earned Wage Access Firm GIMO Raises US$17.1M to Fuel Expansion
Vietnam-based earned wage access startup GIMO announced that it has closed its US$17.1 million Series A funding round five months after the company secured US$5.1 million in the first close. The final closing comprised both equity and debt financing. The
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ZaloPay Becomes First Vietnamese E-Wallet to Partner with Shopify
ZaloPay announced that it has become the first Vietnamese e-wallet provider to partner with Shopify, an e-commerce company headquartered in Canada. Through this partnership, ZaloPay and Shopify aim to promote the “brand.com website model” in Vietnam. This model helps businesses build
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UOB’s FinLab Officially Launches in Vietnam
UOB’s innovation accelerator The FinLab has officially launched in Vietnam where it aims to engage 5,000 local businesses over the next three years through its digitalisation and sustainability initiatives. The UOB FinLab held its inaugural programme yesterday (13 June) in
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OpenWay Sets up Its Second Hub in Vietnam
Global payments software provider OpenWay has expanded its presence in Asia with the opening of a new hub in Ho Chi Minh City, Vietnam. This latest addition marks OpenWay’s second hub in Vietnam besides the one in Hanoi. OpenWay has
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Vietnam’s MoMo Rolls Out BNPL Payment Option for Online Apple Store Purchases
Vietnamese e-wallet M-Service which operates under the MoMo brand has begun offering its local customers monthly instalments when they make purchases at the online Apple Store. With this new feature, Vietnamese customers will have the opportunity to shop Apple’s products
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ADB, Switzerland Sign US$5 Million Co-Financing Deal to Support Vietnamese Fintechs
The Asian Development Bank (ADB) and Switzerland signed a co-financing agreement of up to US$5 million for Vietnamese fintechs focused on addressing financial inclusion in the country, particularly among small and medium-sized enterprises (SMEs). This funding, along with a US$2
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Techcombank Taps Personetics to Bolster Users’ Financial Wellbeing With AI
Vietnam’s Techcombank has partnered with Personetics, a global provider of data-driven personalisation solutions, to introduce AI-powered money management capabilities. Through this partnership, Techcombank will offer capabilities to analyse customers’ financial transactions, aggregate bank accounts, and provide valuable insights about unexpected
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Vietnam’s ABBANK Steps up Digital Transformation Plans With Backbase
An Binh Bank (ABBANK), a Vietnamese joint stock commercial bank, has partnered with digital banking software provider Backbase to transform its customers’ banking experiences. Supported by ABBANK’s local partner CMC Technology and Solution, Backbase will deliver the full suite of
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