With an internet penetration rate of 73.2 percent and a daunting figure that accounts to 91.3 million smartphone subscribers, Vietnam is now more tech-savvy than ever. Acknowledging these perfect ingredients for the growth of fintech, the country now houses close to 200 fintech organizations.
To add more fuel to the burgeoning market, World Bank statistics has listed close to 70 percent of Vietnam’s population as unbanked. Most importantly, in a collaborative effort, The Ministry of Finance and the State Bank of Vietnam have established a regulatory sandbox to further uplift tech innovations in the financial ecosystem.
Witnessing a growth rate that’s the highest in ASEAN after Singapore, it’s forecasted that the country’s fintech market will reach a staggering $18 billion mark by 2024. To provide a direct gateway to Vietnam’s Financial Services Industry, Tradepass is bringing World Financial Innovation Series (WFIS) to Hanoi on 4 – 5 April 2023 at Intercontinental Hanoi Landmark72.
The event has Vietnam Banks Association (VNBA) as its Supporting Partner and will attract over 350 technology and business heads from the leading Banks, Insurance & Micro-Finance institutions across the region.
Privately held , founded in 2017
11 – 50 employees
Investment service provider