Search Results for "Moca"
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
Read MoreGrabPay 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
Read MoreMobile 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
Read MoreVietnam 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
Read MoreMobile 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
Read More15 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
Read MoreForeign Tech Giants Eye Vietnamese Market With Fintech Solutions
With 30 million smartphone users and a 52% Internet penetration rate, the Vietnamese market is believed by many to be fertile ground for fintech solutions and digital finance. Foreign multinationals and firms are entering the country in hopes to attract
Read MoreTop Fintech Vietnam News from August 2017
Fintech Vietnam Meetup is back with another newsletter, September 2017 edition. With the fast pace of the recent developments in Fintech, there are a lot of local and international news that we would like to share with you today. For the daily update, you
Read MoreDigital Payments: Cash Still King in Vietnam
Despite Vietnam’s high smartphone and mobile Internet penetration rates, consumer adoption of fintech solutions remains low with cash-payment habit being hard to change. “Vietnamese, including the unbanked, have already used their mobile for many activities in their everyday life, but
Read MoreThe Promise of Fintech in Vietnam. A Culture of Cash
In 2002, according to Plastic Money, there were only nine foreign-operated ATMs (ANZ, HSBC, and Citibank) in the entire country with 79 locally-operated ATMs (all State-owned banks) and slightly more than 5,000 point-of-sale (POS) terminals across Vietnam. Between 2011-2015, the State
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