Vietnam

Major Vietnamese Bank Selects Temenos for Digital Wealth Management

Temenos, the banking software company, today announced that Military Commercial Joint Stock Bank (MB) has selected Temenos Infinity Wealth to deliver digital wealth management services to Vietnamese private banking customers. The implementation will be supported by Temenos’ partner, Syncordis. MB

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Vietnamese Digital Investment Platform Realstake Secures Seed Funding from 500 Startups

RealStake announced today that it has successfully closed seed funding from 500 Startups Vietnam and various angel investors. RealStake aims to digitise and democratise consumer investment in Southeast Asia. It launched in Vietnam in 2019 by enabling retail real estate

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Ex-Skype Co-Founder Bags Yet Another US$ 50 Million For His Lending Startup to Expand into Vietnam

Oriente, a lending startup headquarted in Hong Kong and operating in the Philippines (via Cashalo) and Indonesia (via Finmas), announced today that they have secured a fresh capital injection of approximately $50 million in its on-going Series B funding round. Dr.

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5 Fastest Growing Fintechs in Vietnam According to IDC

IDC Financial Insights today released the 2020 update of its FinTech Fast 101 research which details a list of fast-growing FinTechs in Asia/Pacific excluding Japan (APEJ) from 11 key markets. IDC’s FinTech Fast 101 research refers to fast-growing fintech players

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4 Fintech Startups from Vietnam to Watch out for in 2020

Vietnam’s fintech industry gained pace in 2019. Last year, Vietnam ranked second in ASEAN in terms of fintech funding (36%), second only to Singapore (56%). The sharp increase in funding was attributed to two large deals going to payments companies

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Mambu to Power Vietnam’s First Digital-Only Bank

Vietnam Maritime Commercial Joint Stock Bank (MSB), one of Vietnam’s leading commercial banks, has announced it will adopt Mambu’s cloud-native banking platform as its key technology solution to help the business undergo a radical digital transformation. MSB plans to launch

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Vietnam’s ViettelPay Expects Triple Growth of Users In 2020

ViettelPay a digital wallet service under the Viettel Group said in a media statement that it is confident that the company will triple its user base by 2020. According to the company, they now have over 9 million users and

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Grab Launches Early-Stage Startup Accelerator in Vietnam

Grab, today announced the launch of Grab Ventures Ignite, an accelerator programme for early-stage startups, which it said is a part of the Grab for Good development roadmap in Vietnam which aims to create greater social and economic benefits for

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Top 5 Coworking Spaces for Fintechs in Vietnam

Vietnam’s fintech industry, though still nascent, has witnessed significant growth over the past couple of years. As of mid-2019, the country was home to 154 fintech companies which had attracted a total of US$1.1 billion in investment, according to Lam

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Vietnam Central Bank Drops Plan to Cap Foreign Ownership in E-Payment Companies

The State Bank of Vietnam (SBV) has scrapped its initial plan to limit foreign ownership of locally registered e-payment companies to 49% after consulting with experts and industry participants, according to a VN Express report. In a note released earlier

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