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Vietnam’s Digital Finance Landscape: Banks Gain Ground Amidst Shifting Competition

Fintech News

These incumbents had made a strong entry, collectively achieving a 23% penetration rate and securing the fifth position, the data show. Military Bank (MB), meanwhile, has implemented a digital transformation strategy since 2018 through strategic cooperation with IBM.

Finance 114
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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

A 2018 survey by Bank of America shows that millennials’ top financial priorities were saving for emergency funds (64%), saving for retirement (49%), and saving to buy a house (33%) — not much different from the concerns their baby boomer parents had 30 years ago. Investing: Robo-advisors and micro-investing lower barriers to entry.

Finance 77
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How Robots Are Shaking Up The Grocery Industry

PYMNTS

It has gained speed in 2018, showing how fulfillment — in many cases, following the lead of Amazon — is relying less on human participation as eCommerce buyers continue to change their shopping habits and expectations. online supermarket operator that earlier inked a deal with Kroger for entry into the U.S. Location also plays a role.

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11 Most Promising Singapore Fintech Startups in NextGen Tech 30

Fintech News

YouTrip YouTrip illustration, Source: YouTrip Launched in 2018, YouTrip is a mobile financial platform based in Singapore that offers a multi-currency mobile wallet and a contactless Mastercard to make payments in over 150 currencies. In 2023, the Group expanded its offerings into Germany, signaling its entry into the European market.

FinTech 107
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How Fortnite Turned ‘Free’ Into $3B In Profits

PYMNTS

But in the year 2018, that changed – the word went from being a piece of anachronistic English to a certified cultural phenomenon (albeit spelled a bit differently) that almost no one was anticipating. The Magic of Micro-Transactions. “It’s available everywhere. Almost anyone can play it on a phone, anywhere they can play games.

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13 Southeast Asian Fintechs Among CNBC’s Global Top 250 List

Fintech News

Founded in 2018, Aspire has raised more than US$300 million from world-class investors, included Sequoia, Lightspeed, Y-Combinator, Tencent and Paypal. The company offers innovative digital financial services aimed at empowering local and regional micro, small, and medium enterprises (MSMEs).

FinTech 132
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

In the same way that Square built a payment-centric ecosystem for brick-and-mortar SMBs and micro-merchants, Stripe has reinvented online payment acceptance. Michelle Wilson, formerly General Counsel at Amazon (2018). Jonathan Chadwick, former CFO of VMware, Skype, and McAfee (2018). Source: Square. Source: Stripe.