Search Results for "Moca"

Overview of Vietnam’s Major E-Wallet and Mobile Payment Players

In Vietnam, digital and mobile payment is undeniably the most developed and crowded fintech segment. According to the State Bank of Vietnam (SBV)’s recently updated list, there are currently 30 licensed non-bank payment intermediary intermediary services in the country with

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Vietnam Central Bank Has Only Granted 4 Payment Licenses Over the Past 16 Months

The State Bank of Vietnam (SBV), the country’s central bank and main financial regulatory agency, has only granted payment licenses to four companies since April 2018. According to SBV’s website, Smart Net, Endenred, Paytech and EPay are the latest four

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Vietnam’s Fintech Ride Hailing Market: Grab Goes Consumer Finance / Go-Viet Needs Payment License

Vietnam’s fintech sector is heating up as Singapore’s “super-app” Grab looks to staff up its financial services division in the country, hinting at plans to launch a lending offering soon. Grab introduced its postpaid service PayLater earlier this year for

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New Vietnam Fintech Startup Map Showcases Vietnam’s Growing Fintech Landscape

With a growing middle class, rising Internet penetration, and a population of nearly 100 million people, most of whom are young and tech-savvy, Vietnam has all the needed characteristics to become a major fintech market. In the past years, the

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13 Hottest Fintech Startups in Vietnam

Fintech continues its momentum in Vietnam with local startups gaining significant traction from foreign investors. These raised a record of US$117 million in 2018, the maximum funding in Vietnamese startups for that year. Vietnam’s rapidly evolving fintech sector has been largely

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GrabPay Eyes Vietnam and South East Asia Digital Payments Dominance as Competition Heats Up

Grab, Southeast Asia’s first decacorn valued at more than US$10 billion, began its humble beginnings as a ride-hailing app but has since evolved into one of the region’s “super app,” providing varied services ranging from food delivering, logistics services, and

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Mobile Payments in Vietnam: End of 2018 News Roundup

Cashless payments are booming in Vietnam, more than doubling in value over the first three quarters of 2018. In particular, transactions over mobile apps and digital wallets rose by an impressive 126% and 161%, respectively, according to Department of Payments

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Vietnam Messaging App Zalo: A Super App which might be bought by Facebook in 2020

Following on the lead of other “super apps,” Zalo has been integrating new functions into its app, including a payment platform called Zalo Pay, which was introduced last year. Launched in 2012, Zalo is Vietnam’s premier chatting platform, with more

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Mobile Payments, Internet Banking See Rapid Growth in Vietnam

Vietnam has been experiencing a digital wave in its financial and banking industry, with payments through mobile banking services surging by a whopping 144% per year over the past five years, experts said at a conference last week. During the

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15 Fintech Influencers in Vietnam You Have to Know

In the last five years, Vietnam has witnessed the establishment of over 40 new fintech companies, such as online payment platforms Moca or MoMo, as well as the country’s first digital banking platform Timo, highlighting Vietnam’s nascent yet rapidly growing

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