Search Results for "Momo"
A Look at South East Asia’s Thriving Fintech Cities
A historically unbanked region, South East Asia’s fintech cities surge in growth have been fueled by the region’s young and digitally-savvy population, high mobile penetration and growing middle class. From small and medium-sized enterprises (SMEs) looking for financing, to young, active
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The Most Well-Funded Fintech Startups in APAC by Country in 2019
Global fintech investment witnessed a massive surge in 2018 with most of that amount going towards companies in Asia Pacific (APAC). Out of the US$55.3 billion raised by fintech companies last year, 54% of that was raised by APAC companies,
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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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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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5 of Vietnam’s Top Funded Fintechs
Fintech development is accelerating in Vietnam with companies in the sector attracting US$117 million last year, the maximum funding in Vietnamese startups in 2018. Fintech surpassed e-commerce at US$104 million and other sectors, according to funding data by local accelerator
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Vietnamese Banks Ramp up Fintech Development
Fintech is gaining popularity around the world including in Vietnam where experts and industry observers predict strong growth, driven by the country’s low banking penetration and young and increasingly affluent population. “Vietnam has strong growth potential for fintech development, 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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Top Funded Fintechs in Asia By Country
With the existence of such a huge region with huge swaths of unbanked and uninsured populations, investors are waking up to the potential that Asia has in fintech. According to Bain & Company, 2017 saw a sharp spike of recorded
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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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