Tagged: vietnam

BNPL: Vietnam’s Fundiin Secures $5M via Series A Round

BNPL Fintech firm Fundiin has secured $5 million in capital via a Series A round that was recently co-led by Trihill Capital and ThinkZone Ventures. The funds from the investment round should assist Fundiin with expanding at a quicker pace and enter Indonesian markets in… Read More

Insurtech Igloo, Shopee, Bao Viet Introduce Home Content Insurance in Vietnam

Regional Insurtech Igloo, in partnership with e-commerce giant Shopee, introduced Home Content Insurance in Vietnam, the “first” comprehensive protection solution “for indoor assets, against unexpected events such as natural disasters and fire in the platform.” The Home Content Insurance is “underwritten by Bao Viet Insurance,… Read More

Buy2Sell B2B Platform, Mastercard Enable Cross-Border Payment Solutions in Vietnam

Buy2Sell, an e-commerce platform in Asia, has announced a new strategic partnership with Mastercard (NYSE: MA). The announcement is “the result of a longstanding relationship where Buy2Sell will enable multiple payment types to a variety of delivery channels via a single connection through Mastercard Cross-Border Services.”… Read More

Surecomp, BIDV to Improve Trade Finance in Vietnam

Surecomp announced that the Joint Stock Commercial Bank for Investment and Development of Vietnam, commonly known as BIDV, has “gone live with its DOKA-NG™ and allNETT™ solutions to fully digitize trade finance processing.” Supported by local partner, CMC Technology and Solution (CMC TS) in Vietnam,… Read More

Fintech Firm DongPlus from Vietnam Joins PeerBerry platform

Fintech company DongPlus launched by Aventus Group in Vietnam in 2021 joins the PeerBerry platform. DongPlus will “offer PeerBerry investors to invest in short-term loans with a 12% annual return.” Vietnamese loans are “backed by a buyback and a group guarantee.” Arūnas Lekavičius, CEO of… Read More

Banking Infrastructure Provider Episode Six Announces Partnership with Vietnam’s Galaxy FinX

Episode Six, a global payment and banking infrastructure provider, announced a new relationship with Galaxy FinX, Vietnam’s Fintech builder that is “re-shaping” the future of money and banking in the country. The deal “represents two firsts for Episode Six: a partnership in Vietnam as well… Read More

Insurtech: bolttech Teams Up with Viettel Telecom in Vietnam to Introduce Insurance via their Mobile App

International Insurtech, bolttech, has announced its partnership with one of Vietnam’s telecommunications network operators, Viettel Telecom. The partnership launches an insurance offering, “powered by bolttech’s insurance exchange platform, on Viettel’s customer app MyViettel with products including health, travel, home, car, and motorbike.” bolttech has cooperated… Read More

Funding Societies Expands into Vietnam

Funding Societies, a Singapore-based digital finance platform, has launched in Vietnam today. This is Funding Societies 5th Asian market. Funding Societies provides smaller firms with access to capital with a credit marketplace. To date, Funding Societies has originated S$3.16 billion with just a 1.26% default… Read More

Vemanti Group Will Launch Digital Bank in Vietnam

Vemanti Group (OTCQB: VMNT) has signed a 10-year agreement with Vietnam Public Joint-stock Commercial Bank (PVcomBank) to launch one of the first SME digital banking platforms in Vietnam. Vemanti says it will utilize cloud computing, API, automated KYC/AML, Artificial Intelligence, Machine Learning, and blockchain technologies… Read More

Digital Transformation: Thought Machine and HDBank to Enhance Financial Services and Banking Sector in Vietnam

On February 25, 2022, within the official visit of Vietnamese President Nguyen Xuan Phuc to Singapore, HDBank signed a cooperation agreement with Thought Machine group – a core banking solution provider. In Vietnam, HDBank will be working with Thought Machine to “develop the latest version… Read More

Infina Welcomes $6M Seed Round to Grow Reach of Retail Investing App Across Vietnam

Infina, a retail investing app focused on Vietnam, this week announced they have closed a $6 million seed funding round from investors such as Sequoia Capital India’s Surge, Y Combinator, Saison Capital, Starling Ventures, Alpha JWC, and AppWorks. Additional investors who have backed Robinhood, Coinbase,… Read More

Vietnam’s Startup Rino Finalizes $3M Pre-Seed Round to Tap into Nation’s Quick Commerce Opportunity

Rino, the newly-launched startup founded by Trung Thanh Nguyen, has finalized a $3M pre-seed round in order to accelerate the firm’s blueprint for 10-minute instant delivery by “setting up dark stores and building its own logistics units beginning with Ho Chi Minh City.” Trung Thanh… Read More

F88, Vietnam’s Secured Lending Provider, Finalizes $10M Senior Secured Loan Facility from Lendable

F88, Vietnam’s secured lending provider and insurance distributor, has reportedly finalized a $10M senior secured loan facility from Lendable Inc, an emerging market Fintech focused on offering debt financing. As mentioned in the announcement, this facility is the first transaction for Lendable in Vietnam and… Read More

MoMo $200M Series E Propels it to Unicorn Status

Vietnamese e-wallet MoMo said today it has raised $200 million in its Series E funding round. Its $2.27 billion evaluation places it firmly in the unicorn club. Japanese bank Mizuho led the round by providing $170 million for a 7.5 per cent stake in the… Read More

Digital Transformation: Saigon Commercial Bank Selects BPC to Streamline Virtual Banking Operations

Saigon Commercial Bank (SCB) has announced that it has selected BPC as its solution partner in Vietnam, which should accelerate digital transformation in the nation’s fast-growing banking sector. Using BPC’s SmartVista Platform for switching and Card Management system, SCB can offer hyper-personalized services for clients… Read More

P2P Lender Robo.cash Provides Loan Origination Updates for Q3 2021

Croatian P2P lender Robo.cash has shared the performance of its loan originators for Q3 2021. The Robo.cash team writes in a blog post, dated November 2, 2021, that today, they’re updating clients on the results of the Robo.cash loan originators in Q3. UnaPay, the Philippines… Read More

Trace Network Labs, Vietnamese Brewer, to Release Limited Edition Beer NFTs

Trace Network Labs said it is ushering in the next generation of the luxury lifestyle within metaverses powered by NFTs, and they’re doing it with beer. The company is partnering with Vietnamese craft beer maker 7 Bridges Brewing Company to release what they believe could… Read More

Vietnam based Virtual Bank Cake Selects Mambu as Cloud Banking Service Provider

Vietnam-based virtual bank Cake reveals that it has chosen Cloud banking service provider Mambu in order to scale its business operations towards providing a comprehensive range of digital banking solutions. As noted by its management, Cake is a “lifetime free digital bank with a mission… Read More

Vietnam to carry out a pilot to study crypto’s role in creating digital govt

Vietnam is the latest among smaller nations to have joined the crypto bandwagon as the country is developing a strategy towards having a digital government. In the last few weeks, countries such as El Salvador, Portugal, and Philipinnes have introduced regulations around cryptocurrencies. Vietnam’s Prime… Read More

Bitcoin has Given Investors in Emerging Markets Access to a High-Performing Asset: Report

2020 was a really important breakout year for Bitcoin (BTC), as an influx of institutional capital “spurred” the digital asset to set new all-time highs, Chainalysis notes while pointing out that many individuals and countries may have benefited from the booming prices in the crypto… Read More

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