Despite being in its infancy, Vietnam’s fintech is propelling forward at an unprecedented pace, expected to surpass $18 billion by 2024. A natural magnet for capital, the country has been making waves in Southeast Asia after raising $375 million in funding during 3Q 2021.

With pro-growth government policies, a mobile-first unbanked population and numerous gateways for involvement, the fintech industry has expanded by over 5 times within the last 6 years. Further, 95% of Vietnamese banks are actively adopting the latest technologies for digital transformation.

While the Ministry of Finance and the State Bank of Vietnam have jointly established a regulatory sandbox to uplift tech innovations in the financial ecosystem, Vietnam’s Prime Minister has even asked the latter to pilot the use of cryptocurrency. To top it all, the Government’s primary agenda is now a complete digital transformation of the Vietnamese economy via the National Digital Transformation Programme.

With the continued support of Vietnam Banks Association (VNBA) and to provide a direct gateway to the country’s FSI, World Financial Innovation Series (WFIS) is coming to Hanoi again on 3 – 4 April 2024 at the JW Marriott Hotel. The event will host over 500 technology and business heads from the leading Banks, Insurance & Micro-Finance institutions across the country.