FinTech Future of Vietnam: Forging Goals to Develop the Ecosystem

FinTech Future of Vietnam: Forging Goals to Develop the Ecosystem

events

November 10, 2016

On Thursday, November 10, Startupbootcamp Fintech – the world’s largest accelerator for FinTech startups stopped at Vietnam during their tour of global startup hotbeds to conduct private meeting and networking with Fintech companies.
FinTech Future of Vietnam: Forging Goals to Develop the Ecosystem
Fast Track event – pitching stages for prominent startups
Within the framework of the Accelerator Program, Fast Track event is a bite-sized glimpse into the value of Startupbootcamp programs and its worldwide network. Startup finalists have the opportunity to demonstrate their business idea to the established mentors, business partners and investors as well as discover advancements in various sectors of emerging technology. Infinity Blockchain Labs is acknowledged as the exclusive blockchain mentor for Startup bootcamp worldwide program.
FinTech Future of Vietnam: Forging Goals to Develop the Ecosystem
Below are the best pitched and scalable ideas:

  1. Datalytics: This is a predictive smart-data platform through which companies can input their reports, data or figures for an automatically generated analysis of the possibility of different business models. With this support tool, entrepreneurs can save significant time and resources to store, finalize and analyze all the statistics.
  2. Lexis: LEXiS platform is a combination of WEB-site, mobile applications, and call-center (with 1-800 toll-free number) dedicated to providing instant legal 24/7 services to individuals and entrepreneurs.

Fintech networking night
Fast Track pitching event is followed by a networking night co-hosted by Startupbootcamp Fintech Singapore and CirCo. The networking night attracted various participants from differents backgrounds: startups, corporate sponsors, law firms, venture capitalists, FinTech enthusiasts and investors.
The night culminated with an engaging panel discussion on Fintech movement in Vietnam. The panel united Deobhakta Sandeep Madhav – Head of Retail Banking at VPBank, Troy Prince – Managing Director at huydong.com, Sam Hall – Program Director at Startupbootcamp Fintech Singapore and Kate Fitzpatrick – Startupbootcamp Fintech Singapore. All the panelists were excited to see the rapid growth of startup ecosystem and Fintech boom in Vietnam, thanks to the continuous development of infrastructure, electronic devices and new technologies like blockchain.
FinTech Future of Vietnam: Forging Goals to Develop the Ecosystem
To survive the increasingly challenging competition, startup founders should consider the following edges to stand out from the crowd:

  • Strong background experiences
  • How easily your product can be customized
  • Execution plan
  • How your product can deliver impact on global scale
  • Build a strong & specialized team

Even though Fintech in Vietnam has made significant steps forward in terms of diversity in business models, industries, scales,…, still there is a lack of a comprehensive and omnichannel Fintech ecosystem to nourish and connect key stakeholders. Startup bootcamp, among other accelerator programs, together with top-notch Fintech companies and stakeholders such as Infinity Blockchain Labs isexpected to fuel the next leaps for Fintech ecosystem in the country and region.
You can learn more about Infinity Blockchain Labs and stay current with our activities by visiting our website and social media accounts below:
Website: blockchainlabs.asia
Facebook: facebook.com/infinityblockchainlabs
Twitter: @infinityblockchainlabs
LinkedIn: Infinity Blockchain Labs
Contact: Nicole Nguyen PR@blockchainlabs.asia
keyword: blockchain fintech