The Fintech Industry in Vietnam has experienced significant growth in recent years, with a range of innovative financial technologies emerging to meet the needs of consumers and businesses. In this article, we will explore the key statistics from 2022, factors contributing to its growth and success, industry growth and comparison to previous years, key trends, challenges, and future outlook.
Filter bySearch by company name, registration number or domain name
Company
Headcount
Contact
Description
Decision Maker
POWERGATE AUSTRALIA CAREER
5
+84 24 6654 2283 contact@powergateaustralia.com
We are a Global Software Product Studio with over 10 years of experience, across different industries, from healthcare to fintech... We are highly concerned with nurturing and bringing to life the innovative ideas of our clients and partners, in such a way that it creates a solution center for the community at large. PowerGate Software has a plethora of over 200 successfully delivered projects to clients located across the world. Our client case studies demonstrate a 96% satisfaction rate, ranging from small start-up businesses to multi-national conglomerates. Leading by experienced technology leaders, our team of hundreds of hand-selected, in-house engineers are specifically chosen for their modern approach to delivering your innovative software products. Together, we have Designed - Developed - Delivered, and Supported projects from their very beginning, all the way through to becoming globally recognized market-leading products.
FINHAY
86
+84 80 82022 hello@finhay.com.vn
Finhay is a one-stop-shop for financial services in Vietnam that helps millennials build wealth wisely. We aim to serve the under-served audience in the market. Finhay was nominated in Fintech 100 2019 by KPMG, a 1st Runner-Up by Ministry of Science and Technology of Vietnam and Top 10 startups in 2017 at Techfest Vietnam.
FINVIET TECHNOLOGY
94
+84 1900 9005 cskh@finviet.com.vn
- Finviet Technology is a technology company that develops according to the Manufacturer to Consumer. -A business model built on a multi-service technology platform named ECO to create solutions throughout the value chain, starting from distribution to retail, and financial services. - Our mission is to build VietNams most diverse and trusted ecosystem, Finviet will help businesses connect - support - exploit and promote their full capabilities on the technology platform available on the market to bring their products and services directly to users quickly and optimize all aspects.
BIPLUS SOFTWARE SOLUTIONS JSC
54
+84 97 943 81 00 info@biplus.com.vn
BiPlus is an Agile Software Development Outsourcing company based in Vietnam. We specialize in industries including Telcos, Finance, Banking, Education, e-Commerce, and ERP. BiPlus is also a Solution Partner of Atlassian in Vietnam, providing products and services such as Jira, Confluence, Bitbucket, and Bamboo. We offer customers full-stack services that meet their high expectations, including: - End-product quality/conformity - Quick time-to-market - Innovative solutions to constraints and problems - Continuous improvement of the cost/performance ratio - Integration of existing and new technologies - Implementation of a business environment-specific follow-up system We take the time to understand our clients businesses, identify their target audience, and effectively reach them through smart, user-friendly, and effective IT solutions. Our approach is driven by passion, imagination, and meticulous attention to detail. By working closely with our clients, we can help them build a s…
QUQO
52
(blank) support@quqo.com
Quqo is a tech-enabled B2B platform that is digitizing the traditional retail supply chain in Southeast Asias emerging market by offering mom-&-pop stores, distributors and FMCG brands an optimized digital retail experience from traditional sales channels.
UBGROUP
18
+84 24 3232 1999 info@ubgroup.vn
UB Group là tên viết tắt của Công ty Cổ phần Đầu tư và Phát triển UB Việt Nam. UB Group được thành lập từ tháng 1/2013 và là đơn vị chủ quản của các đơn vị sau: Trung tâm Đào tạo nghiệp vụ Ngân hàng Tài chính - UB Academy Cộng đồng Ngân hàng & Nguồn nhân lực - U&Bank Jobsite việc làm ngành Ngân hàng - Banker.VN Hệ thống sàn khóa học trực tuyến UBclass.com
ORIENT SOFTWARE DEVELOPMENT CORP.
297
+84 28 3812 0101 contact@orientsoftware.com
Orient Software was established in 2005 and is the leading software outsourcing company in Vietnam. We provide exceptional software outsourcing services and solutions to companies worldwide. At Orient Software, we are passionate about develop great software. We have a diverse team — Vietnamese people, Scandinavian people, American people. Were developers and architects, designers and analysts. Were testers and project managers and caffeine addicts. Were a team. We work together, we travel together, and we volunteer together. Our people is what makes our company shine. We believe our people is our top asset and our success lies in how well we source, hire and retain the best people. We have intelligent and motivated experts who take pride in and prioritize developing superior software solutions for our clients. We do a lot at Orient — but above all, we focus on providing professional software services. Wed love to work with you. And we think youd love working with us, too. Lea…
FINOS TECHNOLOGY VIETNAM
40
+84 315 635 726 info@finos.asia
As a Fintech company, FinOS develops comprehensive solutions that contribute to accelerating the digital transformation of financial products and services, thereby enhancing the end-user experience and improving business efficiency. Our vision is to create a future where everyone, every business benefits from smart, secured and effective digital financial solutions.
EWAY.,JSC
100
+84 24 6680 5530 info@eway.vn
Established in 2009, Eway is a top-notch technology company with the passion for an ultimate Affiliate Marketing Ecosystem. With a pioneering and innovating spirit, our company works hard to provide the most effective Affiliate solutions. So far, Eway has built an enormous community of active publishers and advertisers worldwide, especially in the Asian e-Commerce market. Our belief focuses on the cutting-edge technology to take the lead and be the first, based on a stable and professional infrastructure, service and support. Eway also puts effort on growth hacking to predict and define the trends and upcoming demands of the industry to support our partner for the long term benefits. Kindly note that, when you choose to go with Eway, we do care about your long term journey to success.
MOG CAREER
33
+84 839 700 380 info@mog.net
Background In 2011, mWork was established to provide an affiliate platform that allowed app/digital-content developers and publishers to rapidly distribute to an enormous number of users. Coming at just right time, mWork grew very fast and became a very successful platform. Four years later, in August 2015, to create a broader awareness and effective brand recall, mWork changed its name to MOG and stretched its legs to other verticals of the Internet industry. The new brand name and logo reflected the companys new position as an Internet company that provides online products and services to mobile users. MOG focuses on five verticals: Online Advertising, e-Payment & e-Wallet, Mobile utilities, Connected Retail and Game Entertainment. Mission Our enduring mission as a mobile internet company focuses on building an eco-system to enhance the users mobile life.
FINOS TECHNOLOGY VIETNAM
35
+84 315 635 726 info@finos.asia
As a Fintech company, FinOS develops comprehensive solutions that contribute to accelerating the digital transformation of financial products and services, thereby enhancing the end-user experience and improving business efficiency. Our vision is to create a future where everyone, every business benefits from smart, secured and effective digital financial solutions.
BEPOS.HQ
9
+84 24 7771 6889 support@bepos.io
bePOS is a Vietnamese startup that empowers SMEs in Southeast Asia through a Super Point of Sale Platform. Our mission are digitalize the merchants business to increase their productivity and leverage their resources by providing them the Point of Sale data-related services. Empower 10,000 customer in 15+ countries. Recongitions 1) Top 10 Startup for Digital Transformation in Digital STARS Showcase 2020 ASEAN 2) Top 12 Startup in Grab Ignites Ventures 2020 3) Top 13 hottest Fintech in Vietnam in 2019 by Fintechnews SIN 4) Top 1 in Shinhans Future Lab Vietnam 2018 -2019 5) Top 10 Vietnam Startup Wheel 2019 6) Top 3 Fintech Lab Vietnam 2019 7) Top 3 Visa Initiative Anywhere Vietnam 2018 8) New South Wales - Australia Award 2018 9)Top 3 of Australia in K-Startup Grand Challenge 2018
ANFIN (YC W22)
48
+84 1900 633099 hello@anfin.vn
AnFin is a venture-backed fintech company building the most innovative products in the wealth management and brokerage space. We strongly believe in the power of the stock market to transform developing economies. Therefore, we want to democratize access to stocks, bonds, and structured investment products. By leveraging scalable technology and strategic partnerships, AnFin plans to build an ecosystem of products that connect stakeholders in a seamless way.
CIRCO
40
+84 1900 3384 info@circo.co
CirCO provides high-energy, collaborative workplace and communities that are helping our members grow. We not only provide a physical office space that satisfies productivity needs, but also provides services, events and platform to connect members within the ecosystem. CirCO offers private studio, flexible desks, meeting rooms and event spaces including all other free services. We are proud to be a co-working space that brings comfort and benefits to start up community and being a platform that connects opportunities within the ecosystem and our partnership. What we offer? - 24/7 spacious beautiful office spaces accommodating teams of 4-50 members - Flexible desk for daily members and dedicated desk for long term individual workers - Meeting rooms, Conference Room for up to 80 people - Phone booths, Game Room, Pantry Area with microwave, fridge,... - Free coffee, tea, milk, water, detox water everyday - Ready offices facilities: fast & stable Internet; Printers access; Reception…
TPS SOFTWARE
111
+84 28 3991 2068 sales@tpssoft.com
TPS Software is a leading software development company, located in HCMC, Vietnam. We are certified with CMMi L3 for software development and ISO27001 for information security. All customer projects have been applying high quality and security standards. With an in-house R&D department, TPS is always well prepared to consult our clients on all the latest technologies and transform them into beneficial solutions, such as AI & ML, Blockchain, VR/AR, IoT, ... The experience and innovation allow TPS to provide in-depth technical consultancies and propose promising end-to-end solutions for full-cycle development services including business analytics, strategic orientation, roadmap planning, implementation, testing, deployment, and maintenance Core services: - Custom software development - Full Software development - Technical and solution consulting - Maintenance and Support - Cloud migration and DevOps The company has been nonstop growing and has successfully recruited 180+ well-ver…
WEALLNET
52
+84 314 182 417 contact@weallnet.com
𝐖𝐄𝐀𝐋𝐋𝐍𝐄𝐓 - 𝐘𝐎𝐔𝐑 𝐎𝐍𝐄 𝐔𝐍𝐈𝐐𝐔𝐄 𝐏𝐋𝐀𝐓𝐅𝐎𝐑𝐌 Through unique and immersive experiences, and partnering with only the best content publishers and creators, WEALLNET is your daily content platform that provides carefully curated, quality content. Best of all, its personalized and distributed in one place. An all-in-one platform that comprehensively combines the best and latest news – both local and global, exclusive KOL and Creator entertainment, a safe and secure chat and hot promotional deals, all at the touch of your finger-tips. Download the app today !
EASYGOP
12
+84 316 128 158 cskh@easygop.com
Vietnam mobile-based Buy Now Pay Later | Trả Góp Thật Thà Không Rườm Rà | In-store-savvy & Online-adaptive
CÔNG TY CỔ PHẦN THANH TOÁN ĐIỆN TỬ VNPT
41
+84 28 3526 5969 support@vnptepay.com.vn
Được thành lập từ năm 2008, VNPT EPAY tự hào là một trong những đơn vị Trung gian thanh toán hàng đầu tại Việt Nam. Với hơn 10 năm kinh nghiệm, VNPT EPAY cung cấp dịch vụ thanh toán điện tử và giải pháp tài chính, cùng hệ thống Công nghệ thanh toán đảm bảo an toàn và bảo mật theo tiêu chuẩn PCI DSS, tuân thủ các quy định của Ngân hàng nhà nước. Dựa trên nền tảng hệ thống thanh toán điện tử của Hàn Quốc, VNPT EPAY tích hợp đa dạng các phương thức thanh toán (thẻ ATM, thẻ tín dụng, ví điện tử,..) trên một nền tảng nhằm cung cấp cho khách hàng các dịch vụ ổn định và tiện lợi hơn bao giờ hết.
FINVIET TECHNOLOGY
69
+84 28 3866 3368 cskh@finviet.com.vn
HỆ SINH THÁI FINVIET Với mô hình kinh doanh là M2C (Manufacturer to Consumer), FINVIET xây dựng hệ sinh thái công nghệ lớn với đa dịch vụ mang tên ECO Mục tiêu của hệ sinh thái FINVIET - ECO là kết nối và đáp ứng nhu cầu của tất cả các đối tượng người dùng từ nhãn hàng, nhà phân phối, nhà bán lẻ, đội ngũ nhân viên bán hàng, giao hàng và cả người tiêu dùng công ty Fintech hàng đầu trong việc ứng dụng công nghệ để kết nối và hỗ trợ cho các đối tác cung Với sứ mệnh trở thành công ty Fintech hàng đầu trong việc ứng dụng công nghệ để kết nối và hỗ trợ cho các đối tác cung cấp sản phẩm/ dịch vụ đến các kênh bán lẻ truyền thống và người tiêu dùng. Và đặc biệt trang bị cho các nhà bán lẻ truyền thống các hệ thống công nghệ giúp họ tạo lợi thế cạnh tranh trong thời đại công nghệ 4.0 Hệ sinh thái Finviet - ECO bao gồm: 🔶 ECO Điểm Bán: ứng dụng dành cho Điểm bán lẻ như Cửa hàng Tạp hóa, cửa hàng Điện tử/ Viễn thông, cửa hàng văn phòng phẩm, nhà thuốc tây… 🔶 ECO Người Tiêu Dùng: ứng dụng mua sắm/ …
MUKURU
1,715
+84 860 018 555 chinasales@mukuru.com
Mukuru is one of the largest money transfer providers in Africa and a leading Next Gen Financial Services Platform that offers affordable and reliable financial services to the emerging consumer. The foundation of our business was built by providing the continents migrant diaspora with safe, convenient international money transfers. From this base we have grown a wide range of products and services that take their cue from our customers needs and aspirations for greater financial security and a better life. To this end, we continue to build a highly robust and resilient physical and digital financial payments infrastructure across Africa that unlocks new value-added services for our loyal customers. This includes cash transfers, Mukuru Funeral Cover, and the Mukuru Card. As a fintech provider, Mukuru has underpinned its successful customer engagement strategy with the ability to ‘speak the language of its users and gain a grassroots understanding of the unique pain points that cu…
Top Fintech Companies in Vietnam
Key Statistics from 2022
In 2022, the Fintech Industry in Vietnam contributed approximately $9 billion to the country's GDP, an increase of 12% from the previous year. The industry employs approximately 50,000 people, with a high demand for skilled workers.
Factors Contributing to Growth and Success
One of the key factors contributing to the growth and success of the Fintech Industry in Vietnam is the government's support and investment in the industry. The government has recognized the potential of the industry to drive economic growth and financial inclusion in the country. As a result, the government has implemented policies and initiatives to promote the development of the industry.
Another factor contributing to the growth and success of the industry is the increasing adoption of digital technologies and the growing demand for online financial services. As the country's population becomes more tech-savvy and connected, there is a growing demand for innovative financial technologies that offer convenience, security, and accessibility.
Industry Growth and Comparison to Previous Years
The Fintech Industry in Vietnam has experienced significant growth in recent years. According to a report by Fitch Solutions, the industry's growth rate in 2022 was approximately 12%, which is higher than the growth rate of the previous year.
Key Trends
The Fintech Industry in Vietnam is experiencing several key trends, including technological disruptions. The industry is leveraging technologies such as AI, blockchain, and cloud computing to provide innovative financial services and products. For example, many Fintech startups are using blockchain technology to create secure and transparent payment systems.
Another trend in the industry is the increasing focus on financial inclusion. Fintech companies are developing solutions that help underserved populations access financial services, such as mobile banking and microfinance services. This trend is in line with the government's efforts to promote financial inclusion in the country.
Challenges
Despite the growth and success of the Fintech Industry in Vietnam, there are several challenges facing the industry. One of the main challenges is the need to comply with regulations and standards set by the government. The industry needs to adhere to specific guidelines and regulations to ensure that the services provided are of high quality and safe for use.
Another challenge facing the industry is the shortage of skilled workers. The industry requires highly skilled workers with expertise in digital technologies and financial services. However, there is a shortage of skilled workers in the industry, which can impact its growth and success.
Future Outlook
Looking to the future, the outlook for the Fintech Industry in Vietnam is positive. The government's continued investment in the industry, as well as the increasing adoption of digital technologies and demand for online financial services, suggest that the industry will continue to grow in the coming years.
One of the key areas of focus for the industry in the future will be the development of new technologies and services that meet the evolving needs of consumers and businesses. Fintech companies will need to invest in research and development to create innovative solutions that offer convenience, security, and accessibility.
Moreover, the industry will need to address the shortage of skilled workers by investing in education and training programs. By developing a skilled workforce, the industry can continue to drive its growth and success while meeting the evolving needs of the financial services sector.
Looking ahead, the Fintech Industry in Vietnam is expected to continue its rapid growth and play a significant role in driving economic growth and financial inclusion in the country. As the industry evolves, we can expect to see more collaboration between traditional financial institutions and Fintech startups, as well as increased focus on addressing the issue of financial literacy and education.
Conclusion
In conclusion, the Fintech Industry in Vietnam plays a crucial role in driving economic growth and financial inclusion in the country. With the government's support and investment, as well as the increasing adoption of digital technologies and demand for online financial services, the industry is poised for continued growth and success. However, it will need to address the challenges it faces, such as compliance with regulations and standards and the shortage of skilled workers, to ensure sustainable growth in the long term.
Overall, the Fintech Industry in Vietnam presents a unique opportunity for businesses and investors looking to tap into the country's growing digital economy. With the government's continued support and investment, as well as the industry's focus on developing new technologies and services and investing in education and training programs, the industry can continue to drive its growth and success while improving the accessibility and quality of financial services in the country.