Team up! Vemanti and Finastra partner up to launch a neobank for SMEs. The goal? Become a valuable financial partner for SMEs throughout Southeast Asia! 

• Founded in 2014, Vemanti is a fintech company focusing on Vietnam. 
• Finastra offers Banking as a Service and is trusted by many of the world's top banks!

🤝 Vemanti will use Finastra's core banking solution, Fusion Essence, as the underlying platform. 

‍

🙋🏻‍♀️ For SMEs!

Starting with Vietnam, Vemanti will offer financial solutions to SMEs. 

More financial inclusion. SMEs are usually underserved by traditional finance because of several issues: 

• Lack of accurate assessment for creditworthiness
• Struggle to meet high collateral requirements designed for large corporates 

With cloud computing, automated KYC/AML and AI, Vemanti will offer an entirely online banking solution for SMEs. 

‍

🏦 Bank approved. Vemanti signed a 10-year agreement with state-owned PVcomBank

• PVcomBank has a network of 108 transaction offices in Vietnam.

‍

🇻🇳 Vietnam on the rise 

Population. Vietnam is one of the fastest-growing economies with a well-educated workforce

• Oh, and the youth make up over 20% of the population! 

Trade. The import-export goods turnover reached USD $616B in the first 10 months of 2022. 

• A 14% increase compared to the same period in 2021! 

More $$$ and resources will allow Vietnam's SMEs to reach the next level. We expect to see more and more interest in providing consumer and business loans in Vietnam and across SEA! 

‍