The Fintech industry in Southeast Asia continues to have a remarkable growth rate compared to other regions of the world. After two years of delay due to the distances caused by the Covid-19 epidemic, the global Fintech market has quickly developed again and has gradually become a fertile ground for investors both at home and abroad. The following article summarizes the market volatility information taking place in 2022, in order to help customers assess the overall market to come up with effective investment strategies.

Fintech market highlights in June 2022
The Fintech industry has recorded many outstanding content on the press channel with contents revolving around development activities and cooperation events of enterprises in the industry such as the trend of cooperation between banks and Fintech companies, TPBank launched the Facepay feature, "Fintech and the revolution for the digital financial services industry in Vietnam",...

Vietnam's Fintech market is considered to be young and promising, with the market valuation having increased from $0.7 to $4.5 billion since 2016. According to analysts from Robocash Group Fintech market in Vietnam is expected to reach 18 billion USD by 2024 with a high level of competition.

Fintech market highlights in July 2022
The Fintech industry has recorded many outstanding content on the press channel with content revolving around development activities and cooperation events of enterprises in the industry with businesses in many other fields such as Momo's cooperation with Dragon Capital. launching fund certificate investment products, Momo cooperates with Manulife to deploy online health insurance solutions, etc. It can be seen that cashless payment technology is gradually becoming popular and applied in many products.

According to analysts from Robocash Group, with the backing of government agencies, by 2024, Vietnam's Fintech market will reach 18 billion USD, despite great competition and high barriers to entry. .

Highlights of Fintech market in August 2022
Last month, the prominent content on the press platform of the Fintech industry mainly revolved around the events where the company received awards, certifications and titles, such as VNPay Wallet honored to receive the title of Top technology 4.0 in Vietnam. South 2022. Besides, the cashless trend is receiving more and more attention and gradually changing consumer behavior.

According to Mr. Bryan Patrick Carrol (CEO of TNEX), the Fintech market in 2022 has kicked off strongly with many exciting financial activities, mergers and acquisitions. It is not too optimistic to say that Fintech Vietnam this year will grow exponentially faster.

Fintech Market Highlights September 2022
Based on the statistical results from Reputa's Social Listening, the outstanding content on the press platform of the Fintech industry focuses on the cooperation agreements of Fintech companies such as the cooperation between MoMo and Manulife Vietnam. Besides, there is also information about company rankings, assessing outstanding development.

According to Robocash Group analysis, the fintech market volume in Vietnam is expected to reach $18 billion by 2024, despite great competition and high barriers to entry. In addition, analysts estimate that 93% of venture capital investment in Vietnam is devoted to e-wallets and e-payments.

Fintech market highlights in October 2022
Based on statistical results from Reputa's Social Listening, last month, MoMo had outstanding activities and received attention from press platforms such as MoMo cooperating with Starbucks Vietnam to promote utility payments or MoMo presenting performing and introducing AI technology at the Vietnam AI Festival 2022. In addition, electronic payment companies are increasingly expanding their operations and coverage such as Zalopay and Starbucks Vietnam to enhance the wallet payment experience. electronic.

Currently, there are 48 Fintech companies in Vietnam and among them, 48% are engaged in payment activities, providing customers and retailers with online payment services or payment solutions. digital payment method. This field has also received great attention due to the dynamism of Fintech companies and the active support for innovation by the Government, the State Bank of Vietnam as well as related ministries and sectors. Vietnam can completely become an attractive and potential destination for foreign investors in the Fintech field.