Vemanti taps Finastra to power new SME neobank in Southeast Asia
Vemanti will deploy Finastra’s Fusion Essence solution, with plans to launch initially in Vietnam.
Vietnam
The latest fintech news, resources and expert analysis in Vietnam by the leading intelligence provider for the worldwide fintech community.
Singapore’s Kredivo Holdings secures $270m in Series D funding
Japanese banking giant Mizuho Bank led the funding round, contributing $125 million.
Vietnamese digital bank TNEX seeks new CEO as Bryan Carroll steps down
Carroll says he will instead take up a position on the company’s board.
Consumer finance firm JIVF taps OpenWay for credit products platform
This is the first OpenWay installation of its Way4 platform on Oracle Cloud in Southeast Asia.
Thailand and Vietnam launch QR code cross-border payments link
The payments link between the two nations is designed to “enhance consumption and tourism”.
Vietnam’s Sacombank taps Temenos for digital banking platform
Temenos Infinity will allow Sacombank to acquire, retain and cross-sell to customers across multiple channels.
Family-focused financial wellness app Fr33m3n gears up for launch
The app will offer financial literacy programmes such as lectures, tutorials, podcasts and webinars.
Vietnam’s BIDV goes live with trade finance tech by Surecomp
Surecomp’s DOKA and allNETT solutions will support the ongoing growth and digitisation plans at BIDV.
Vietnamese fintech Finhay raises $25m in Series B round
Finhay says it will use the money to scale its business and recruit new talent.
Vietnam’s Saigon-Hanoi Bank taps Temenos for digital upgrade
SHB will leverage Temenos’ open architecture to deliver personalised and AI-supported customer journeys.
Vietnam’s HD Bank selects Thought Machine for core banking platform upgrade
HD Bank’s multi-year transformation will initially consist of upgrading its core platforms and internal workflows.
Oracle FS signs new core banking client in Vietnam, Kien Long Bank
Flexcube will help Kien Long Bank to become a “modern and friendly digital bank”.
Vietnamese fintech MoMo raises $200m in Series E round
MoMo says it will use the cash to expand the suite of financial products available on its ‘super-app’.
Saigon Commercial Bank to revamp cards offering with BPC
The project is partly driven by predicted strong growth in mobile transactions in Vietnam.
Oracle wins trio of new clients in US, Vietnam, and Uzbekistan
Protego Trust Bank, InFinBank, and Toyota Financial Services all pick Oracle systems.
Standard Chartered to invest $500m in Asia’s largest BNPL platform Atome
Investment forms part of a 10-year partnership to deliver mobile financial services in the region.
Ascend Money becomes Thailand’s first fintech unicorn with $150m fundraise
Thai fintech plans to boost financial inclusion efforts in Southeast Asia.
Mambu takes the Cake with new digital banking deal
Cloud core banking vendor wins deal with new Vietnamese digital bank Cake.
Mambu wins new digital banking deals in Colombia and Vietnam
German banking vendor signs a pair of new deals spread across the globe.
Vietnamese fintech VNLIFE lands $250m Series B funding
The funds will be used to fuel its “continued digitisation of Vietnam’s service ecosystem”.
Techcombank selects Backbase for retail and corporate omnichannel banking
The decision is part of the bank’s strategy to scale and enhance its digital offerings.
National Commercial Bank migrates payments processing to TranzAxis
Vietnamese bank switches card operations to the Compass Plus system from legacy in-house tech.
Vietnamese “super app” hopeful MoMo lands $100m Series D
The fintech’s registered users doubled to 23 million in 2020.
Shinhan Bank Vietnam goes live on Finastra risk platforms
Fusion Risk and Fusion Kondor deployed during the pandemic.
TPBank revamps back office technology with Backbase
Vietnamese bank launches new products in nine months.
NextPay signals intent to fuel expansion with $100m raise
The Vietnamese payments firm is the first in its country to announce an IPO.
VPBank revamps treasury systems with Finastra
Vietnamese bank partitions treasury ops from main core banking system.
Vietnamese digital bank TNEX to create consumer-merchant ecosystem
“We’ve started a bit of a fintech revolution here,” says MSB’s CDO.
Singapore’s GoBear snaps up fintech AsiaKredit
GoBear’s bank partners will be able to tap underserved consumers.
Visa invests in open banking platform Railsbank
The regtech firm gained extra capital from Japanese VC Global Brain.
Vietnamese fintech Finhay bags funding from Acorns’ co-founder
Acorns says the fintech is “revolutionising” access to wealth management.
Vietnamese bank MSB picks Mambu for digital transformation
Mambu aims to make MSB the first cloud-native bank in Vietnam.
Latvia’s Robocash set to raise $5m for P2P investments in Southeast Asia
European investors can now back 12-month commercial loans in Singapore.
Vietnam’s TPBank seals deal with blockchain paytech RippleNet
RippleNet claims its first bank client in Vietnam.
Refinitiv extends Matching service to Vietnam
Firm claims the launch the first electronic market for VND FX
BIDV chooses Surecomp for digital trade finance transformation
BIDV praises Surecomp’s “commitment to its clients”.
Railsbank raises $10m to expand into Southeast Asia and beyond
The open banking platform has opened an office in Singapore.
Sumitomo Mitsui Trust Bank turns to Oracle FSS for tech modernisation
EXCLUSIVE: SMTB is modernising its core, lending and payments tech for corporate banking in Japan and abroad.
PaySend powers Vietcombank payments
Allowing remittances to any account or Napas cards.
Top ten digital bank initiatives in 2018
There have been a lot of digital bank projects in 2018. Here are our favourites.
