Posts From Fintechnews Vietnam
5 Early-Stage Fintech Startups from Vietnam to Follow in 2022
2021 was a fruitful year for Vietnam’s fintech sector which saw rising consumer adoption of digital financial solutions amid COVID-19 restrictions and continued investor interest in the growth prospect of the sector. Vietnamese fintech companies raised a total of US$375
Read More
Vietnam’s HD Bank Picks Thought Machine to Reinvent Its Digital Offerings
Vietnam’s HD Bank announced that it has formed a strategic collaboration with Thought Machine, the UK-headquartered core banking technology company. HD Bank is embarking on a multi-year strategy to develop and deploy modern technology as part of a transformation programme,
Read More
Vietnam’s Retail Investment App Infina Bags US$6 Million in Seed Funding
Vietnam’s retail investment app Infina announced they have closed US$6 million in seed funding from Sequoia Capital India’s Surge, Y Combinator, Saison Capital, Starling Ventures, Alpha JWC, and AppWorks. Infina was part of Surge’s sixth cohort which is a rapid
Read More
Vietnam’s Digital Bank Timo Secures US$20 Million Funding Led by Square Peg
Vietnam-based digital bank Timo announced that they have successfully secured US$ 20 million in fresh funding. The investment round is led by Square Peg, a leading global VC firm whose investments include unicorns such as Canva, FinAccel and Airwallex. Other
Read More
Vietnam Based Fintech Anfin Raises US$ 1.2 Million in Seed Funding
Vietnam-based Anfin, a fintech firm with its proprietary stock trading platform, announced today that it has raised US$1.2 million in a seed round led by Goodwater Capital and Global Founders Capital (GFC) – the latter coming in as a returning
Read More
Vietnamese E-Wallet MoMo Joins Unicorn Club With US$200 Million Series E
Vietnamese e-wallet M-Service which operates under the MoMo brand announced it has raised US$200 million Series E in a funding round that was led by Mizuho Bank, a subsidiary of Mizuho Financial Group. With this latest fundraise, MoMo is now
Read More
CIMB Bank Vietnam and F88 Form Partnership to Boost Financial Inclusion
Lending platform F88 Business has entered into a new strategic partnership with CIMB Bank Vietnam to promote financial inclusion to the unserved and underserved sector of the economy. According to the latest figures from the General Statistics Office (GSO), Vietnam
Read More
KASIKORNBANK Sets up Its First Vietnamese Branch in Ho Chi Minh City
Thailand’s KASIKORNBANK (KBank) announced that it has opened a branch in Ho Chi Minh City with the aim of linking the trade and investment network within the ASEAN region. This will be KBank’s first branch in Vietnam, and its tenth
Read More
LOTTE Finance Leverages OpenWay to Roll Out BNPL Services in Vietnam
LOTTE Finance Vietnam, a subsidiary of South Korean credit card company LOTTE Card, has rolled out Buy Now, Pay Later (BNPL) services for customers in the country. The “PayLater by LOTTE Finance” feature is based on the Way4 digital payments
Read More
Mambu Replaces Vietnamese Digibank Cake’s Core Banking Platform in Under 3 Months
SaaS cloud banking platform Mambu has worked with Vietnamese digital bank Cake, a collaboration between Be Group and VPBank, to replace its core banking technology in just 74 days. The core replacement project will enable Cake to rapidly launch flexible
Read More