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Alibaba’s Ant Financial quietly acquires stake in Vietnamese e-wallet firm
Ant will not control more than 50% of eMonkey, but is expected to have significant influence and provide technical expertise to the e-wallet
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15:51, 2019/11/27
Vietnam named second in ASEAN in fintech funding in 2019
Vietnam’s fintech firms secured two of the top three largest funding deals in ASEAN in 2019.
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08:58, 2019/11/21
Investors keep pouring money into e-wallet despite losses
The large market and great potential of the non-cash payment sector in Vietnam explain why investors keep pouring money into payment technology firms, though the firms continue making losses.