INSIGHT

Peer-to-peer lending in Vietnam

By Robert Fish, Linh Bui
Banking & Finance Vietnam

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