
Tag "MoMo"
COME AND VISIT USVietnam Banks Dominate ASEAN Top 100 – But The Future’s in Your Pocket
Vietnamese lenders make up a fifth of the top 100 ASEAN banks in 2016 says The Banker, a leading financial industry publication. It is an interesting situation. Vietnam’s banks actually have 19 representatives on the top 100 list this year,
Read MoreToo many Innovation Labs too few Innovations “Dances With Drums” by Fintech-Hubs and Banks
There are so many innovation labs and too few innovations. I regularly meet with bankers worldwide and the first phrase I hear (especially in Asia) from those who decided to invest in fintech (there are few of them so far,
Read More3 Must-Have Fintech/Finance Apps for Expats in HCMC
Possibly the first thing you think about as an expat is money – how to manage it, where to store it, how to earn it, how to move it, etc. And as any expat in Ho Chi Minh will tell you, navigating the
Read MoreMomo – The Rising Star of Vietnam Fintech in Online Payments
With one-quarter of the population aged under 25, Vietnam has a real potential for disruptive technology to gain mainstream attention. Launched in June 2014, MoMo, a service of M_Service, which works both as an e-wallet and a payment app, has
Read MoreMobile Banking Surges in Asia
Mobile is already the largest banking channel by volume of transactions and its adoption by new customers is entering an exceptionally rapid phase. A survey (pdf) by McKinsey and Company found that across ASEAN (Singapore, Malaysia, Brunei, Cambodia, Indonesia, Laos,
Read MoreFintech Vietnam Boom Starts: Vietnamese Fintech Startup Raises US$28M From Goldman Sachs and Standard Chartered
Standard Chartered Private Equity (SCPE) and Goldman Sachs have respectively invested US$25 million and US$3 million in M_Service, a Vietnamese fintech startup and the operator of mobile digital wallet MoMo. The deal marks the second publicly disclosed investment in M_Service by
Read More