INSIGHT

Peer-to-peer lending in Vietnam

By Robert Fish, Linh Bui
Banking Fintech Vietnam Asia

In brief

With technology and artificial intelligence gradually taking over the traditional banking and finance market, it is inevitable that Vietnam, a country with a population of 96 million and a 70% internet penetration rate, should be golden ground for fintech investors. In particular, peer-to-peer lending has recently made its presence known, with more than 40 companies, both domestic and foreign owned, claiming to provide P2P lending services to local citizens.