All News and Announcements
Symbiotics Investments Supports Solar Energy Projects in Vietnam Through a Green Bond With Ecoligo
Symbiotics Investments, the leading market access platform for impact investing, has arranged a $5 million green bond for ecoligo Vietnam, a subsidiary of ecoligo GmbH based in Germany.
Grab Enables In-App Cashless Payments Via Fintech MoMo
The integration of MoMo into the Grab app allows MoMo to expand its services on one of the most popular platforms in Vietnam.
A Vietnam-Based Startup Gimo Raises $17.1 Million to Bridge Financial Inclusion Gap
The investment will be utilized to fast-track the company's expansion plans and drive innovation across its product portfolio.
IFC Partners With Saigon-Hanoi Commercial Joint Stock Bank to Boost Lending for Vietnam’s Smaller Businesses
IFC is providing a $40 million loan to Saigon-Hanoi Commercial Joint Stock Bank to enable the bank to provide support to local small and medium enterprises, especially women-owned businesses.
Vietnam’s Timo Bank Builds With AWS to Promote Financial Inclusion
The cloud banking platform will help Timo scale its business and acquire 5 million new customers over the next three years.
Vietnamese Fintech Startup Trusting Social Raises $65m Series C
Trusting Social is an AI fintech company aspiring to democratize financial services through AI-based consumer insights and embedded finance.
IFC, LeapFrog Investments and DEG Invest in Vietnam’s HDBank to Help Accelerate Economic Recovery, Expand Lending to Smaller Businesses, and Boost Resiliency of the Banking Sector
Investment will increase access to credit for retail and small and medium enterprises (SMEs) with specific focus on women entrepreneurs.
Vietnam: Virtual Events Scheduled to Mark Cashless Day
Data from the State Bank of Vietnam shows that the number of non-cash transactions has been on a rise in Vietnam during the pandemic.
Remittances to Fall for First Time in 11 Years
However, even though this is a 7.6 percent drop from last year’s $17 billion, Vietnam will remain the ninth biggest remittance beneficiary in the world.