All News and Announcements

Showing 1 - 10 of 19
News

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.

News

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.

News

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.

News

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.

News

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.

News

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.

News

Symbiotics Arranges Two Green Bonds in Vietnam With EVNFinance for $6.25 Million

The proceeds will be used to fund solely green projects: renewable energy (C&I solar, roof-top solar), hydro power, and biomass energy.

News

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.

News

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.