by Renata Samadova -

MICROCAPITAL BRIEF: Grab Adds MoMo as Mobile Payment Option for Ride-sharing, Deliveries, Digital Financial Services in Vietnam

Singapore-based Grab recently added the payment solution of Vietnam’s MoMo to its “super-app” so that Grab customers in Vietnam have an additional option for making cashless payments for services such as hailing a motorbike, shopping online, ordering meal delivery or buying insurance. MoMo allows users to send funds from

by Sheen Gupta -

MICROCAPITAL BRIEF: MFIs in Albania, Georgia, Vietnam Borrow $8m from C-Quadrat Impact Asset Management’s Dual Return Vision Microfinance Funds

Impact Asset Management (I-AM), a unit of Austria’s C-Quadrat Investment Group, recently announced it has disbursed loans totaling USD 8 million to microfinance institutions (MFIs) in Albania, Georgia and Vietnam through its Dual Return Funds. One of these loans was

by Saulius Ramanauskas -

MICROCAPITAL BRIEF: Sherpa Company Pays $65m for 25% Equity Stake in Trusting Social to Harness Big Data for Consumer Finance in Vietnam

Singapore-based Trusting Social recently closed its Series C funding round, selling 25 percent of its equity for USD 65 million to Sherpa Company, a subsidiary of the Vietnam-based Masan Group, which operates across the financial, food, materials, retail and technology sectors. Trusting Social offers

by Hasnat Aslam -

MICROCAPITAL BRIEF: Louis Dreyfus Company Borrowing $100m from ADB to On-lend to Small-scale Farmers to Boost Climate Resilience, COVID-19 Recovery

The Asian Development Bank (ADB), a multilateral institution based in the Philippines, recently agreed to lend USD 100 million to Louis Dreyfus Company (LDC), a Netherlands-based firm active in agriculture, food processing and shipping. LDC plans to use the funds to finance “coffee, cotton and rice inventories” for 50,000 smallholder farmers who supply the firm’s operations in India, Indonesia, Pakistan, Thailand and Vietnam. Among the goals of the project are to

by Zach Deluca -

MICROCAPITAL BRIEF: Vietnam Post and Telecommunications Corp Launches “VNPT Pay” Mobile Money Service

Vietnam Post and Telecommunications Corporation (VNPT) recently won approval from the State Bank of Vietnam to pilot a nationwide mobile money service. The service, VNPT Pay, allows customers to use