Fintech Research

Jul

Why Vietnam’s fintech sector is resilient

Vietnam is one of the largest markets in Southeast Asia with a population of more than 90 million, but in terms of fintech development it remains somewhat nascent. In 2023, fintech funding fell 84% to just US$35.3 million, according to data compiled by research firm Tracxn, a significant decrease from…

Jul

Fintech Research

Southeast Asia fintech funding falls 20% in H1 2024

Fintech funding in Southeast Asia fell 20% year-on-year to US$851 million in the first half of 2024, according to a new report by India’s Tracxn. While early-stage investments showed some resilience, seed-stage funding fell by 27% to US$234 million. The second quarter of 2024 was particularly quiet for fintech funding…

Jul

Fintech Research

There are still many questions about Grab’s fintech business

Ever since it realized that the inherent difficulties in making a profit from ride hailing, Grab has been working to build up its digital financial services offerings. While the super app value proposition looks increasingly shaky, the Singapore-based company has nonetheless developed a wide range of fintech products across Southeast…

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