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Top 7 Fintech Startups in Vietnam in 2022
Vietnam is one of Asia’s most dynamic startups scenes, a burgeoning ecosystem that’s risen on the back of the country’s booming digital economy, a young population willing to test and adopt new technology consumer services, and a surge in overseas
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Vietnam’s Banking Execs Call for Open Banking Framework
In Vietnam, although financial institutions have realised the potential of open banking to enable more inclusive and accessible financial services, a patchy legal framework is hampering their efforts to join the data revolution. Praising the opportunities brought about data sharing,
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Here Are Vietnam’s 8 Most Active Fintech Investors and The Startups They Are Betting On
2021 was a blockbuster year for Vietnamese fintech startups: established players gained traction on the back of rapid digital adoption due to COVID-19, and global investors poured millions into the sector to support the growth of promising ventures. Last year,
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BNPL Predicted to Be Singapore’s Fastest Growing Online Payment Method by 2025
In Singapore, alternative payment methods including buy now, pay later (BNPL) arrangements and digital wallets, are surging in popularity. By 2025, fintech software provider FIS projects that these payment methods will make up half of online payments, with BNPL forecasted
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Southeast Asia Fintech Opportunity Pushes Startup Valuations Further Up
Southeast Asia’s large population of unbanked and growing Internet penetration make it a hotbed for fintech innovation and an attractive market for e-wallets and neobanks. Despite currently lagging behind more developed markets like Australia, the US and the UK, the
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Top 10 Fintech Funding Mega Rounds in Asia Pacific in 2021 so Far
Fintech funding significantly picked up this year and is estimated to have reached US$15 billion in Q1’21, data from CB Insights show. In Asia, fintech investments are projected to surpass US$2.6 billion, the region’s highest quarterly total since Q1’20. Driving
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Insurtech Qoala Acquires Thai’s FairDee; Expands to Thailand
Qoala, an insurtech startup backed by the likes of Sequoia and MDI Ventures announced today the acquisition of FairDee, a Thai insurtech to expand their reach into the Thailand market. Since its 2018 launch, Qoala said that it now processes
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Competition Heats up in Vietnam’s Mobile Payment Landscape
Competition for Vietnam’s young, digitally savvy population is heating up in the mobile wallet and digital payment space. Over the past year, no less than 9 non-bank organization joined the sector and regulatory changes introduced in 2020 could very well
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Fintechs Have Raised US$ 2 Billion in Mega Rounds in January Alone
January 2021 has been a blockbuster month for fintech fundraising, with at least 13 mega-rounds worth US$100 million or more so far this month. These secured a combined US$2,746 million of funding. The figure excludes funding rounds that are below
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E-Commerce Payment Trends in Southeast Asia
Southeast Asian economies performed remarkably well in 2020 despite the pandemic. The Asian Development Bank (ADB) estimates a contraction of 3.8% for the region in 2020, a modest figure when compared to the eurozone at 7.9% and Britain at 10.1%.
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