Financial Technology and Innovation 


Fintech, short for Finance Technology, is the application of new technological advancements to products and services in the financial industry. It refers to any form of technology in the sector and includes everything from ATMs to cryptocurrencies. While the term is relatively new to the financial industry, technology, to some degree, has always been associated with finance. Since the invention of the credit card in the 1950s, Fintech has evolved continuously to suit the needs of the everyday consumer.

The history of Fintech in Vietnam is short. Nonetheless, it is a sector which has seen immense growth in recent years with the nation now second, only to Singapore, in terms of Fintech funding out of all ASEAN nations.

In 2015, mobile internet users accounted for only 32% of the Vietnamese population, today around 78% of the Vietnamese population is mobile internet subscribers. Vietnam’s fintech industry is growing tremendously, in the last 3 years AT 34% CAGR and will continue growing in the future at 18% CAGR. Digital payments account for the major section of the fintech industry followed by personal finance.

However, the Vietnamese FinTech sector is under-regulated, with players finding ways to overcome the FOL and license challenges. 

The sandbox allows lending institutions, providers of fintech services & innovative companies to put their services/products to a test in a strictly regulated legal environment. To join the sandbox, fintech companies are required to apply for an incorporation certificate in Vietnam

What can TBRC help you with in the Fintech Industry?

  • Market entry
  • Partner search for manufacturers or buyers
  • M&A and Capital-raising transaction
  • Strategic development concept

Our services are tailored to fit your request. Feel free to contact us


Circo Building, Floor 8
63A Nam Ky Khoi Nghia, Dist 1
Ho Chi Minh City, Vietnam
+84 (0)906 911 337