Update news fintech

The State Bank of Vietnam (SBV) affirmed that regulations are in line with international commitments, which show Vietnam's management rights in the field of payment services.

Ken Research reveals Asia credit cards market outlook to 2025

The report provides a comprehensive analysis of the credit cards industry within Asia covering various aspects.

Payment-related solutions attract most funding in Vietnamese fintech

Financial technology (fintech) firms offering payment-related solutions secured the most funding in Vietnam, according to the FinTech in ASEAN: From Startup to Scale-up report. 

Alibaba’s Ant Financial quietly acquires stake in Vietnamese e-wallet firm

Ant will not control more than 50% of eMonkey, but is expected to have significant influence and provide technical expertise to the e-wallet

FOL concocted for fintech segment

Local regulators are ratcheting up pressure in a bid to curb the risks from spreading financial technology by setting up a foreign ownership limit of 49 per cent.

Banks and fintechs: the new and powerful union

The cooperation between banks and fintech firms is fundamentally changing the way the financial sector operates.

Vietnam startups receive US$750 million in funding in Jan – Oct

The growth in investment size in Vietnamese startups over the past few years makes the target of having tech unicorns right in Vietnam feasible, Chu Ngoc Anh, minister of Science and Technology stressed.

Cash habit, poor infrastructure prevent to non-cash economy in Vietnam

While non-cash payments are admittedly on the rise, the cash payment habit and limited development of technology infrastructure are big problems for the country’s non-cash economy, experts have said.

Vietnam’s booming fintech funding on Singapore’s heels

Vietnamese financial technology startups are quickly catching up with Singapore in attracting Southeast Asian venture capital funding, according to the Japan-based Nikkei Asian Review.

Vietnam named second in ASEAN in fintech funding in 2019

Vietnam’s fintech firms secured two of the top three largest funding deals in ASEAN in 2019.

Fintech to drive digital payments: Visa

Fintech companies could hold the key to driving last-mile adoption of digital payments and unlocking vast cash displacement opportunity in Southeast Asia, including Vietnam, according to Visa, a world leader in digital payments.

The $9 billion dollar market for fintechs

Investment in fintechs has been increasing rapidly in Vietnam. Fintechs, once considered an arch enemy of banks, are cooperating closely with banks.

Billion-dollar fintech market awaits sandbox for breakthrough

Regulators are working to finalise the sandbox for healthy market development, accelerating economic growth that will help Vietnamese fintech companies bloom.

Opportunities could be missed if no sandbox model is developed in Vietnam

Opportunities will slip through Vietnamese firms’ hands if a sandbox is not developed soon, NextTech chairman Nguyen Hoa Binh said at a conference on November 7.

PwC surveys how financial and tech firms navigate fintech landscape

PwC polled over 500 financial services and technology executives worldwide to figure out the factors that will determine the winners and losers of fintech.

Which road will fintech take?

According to PricewaterhouseCoopers, fintech startups have attracted $40 billion worth of investment over the last four years. Asia Pacific alone received $15 billion worth of investment in fintechs in 2018.

Top lenders latch onto fintech future

Banks and investment funds are racing to partner up with fintech businesses in their quest towards digitalisation.

Mobile payments reshaping VN banking

Vietnam is experiencing a boom in mobile payments as more and more e-wallet providers have aggressively joined the market.

Fintech putting pressure on banks

Mr. Marc Djandji, Entrepreneur in Residence at VIISA's Fintech Lab, tells about the mark fintech is making in Vietnam.

Fintech putting pressure on banks

Mr. Marc Djandji, Entrepreneur in Residence at VIISA's Fintech Lab, talks about the mark fintech is making in Vietnam.