News Technology28 Aug 2019

Vietnam:Grab to help micro-entrepreneurs and small businesses access insurance and credit products


As it works towards being the next 'super app' in Southeast Asia, Grab Holdings has decided to invest $500m in Vietnam over a period of five years to tap opportunities in FinTech, new mobility solutions and logistics. The investment supports the Southeast Asian mobile platform's 'Tech For Good' plan in the country, under which it aims to partner with financial institutions to help micro-entrepreneurs and small businesses access insurance and credit products via technology and, in turn, grow and protect their livelihoods.

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