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Friday, 04/09/2021 4:04:25 AM

Friday, April 09, 2021 4:04:25 AM

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$VMNT just inked a broad agreement with a fully licensed and regulated bank in Vietnam, a very innovative one that has won several International awards for being digital/mobile-focused and SME-friendly.

The shared vision is to jointly bring commercially-viable financial products and services in a software-embedded manner to the underserved markets. Getting a bank to agree to doing this with us is a big deal and a huge step towards building out our own #FinTech ecosystem.

Our financial inclusion blueprint comes down to 2 core economic components: capital supply and demand, with developed markets like the US being the former and fast-growing emerging markets in SE Asia like Vietnam and Indonesia being the latter. Convergence is the key.

Our #Stablecoin is to be that bridge for investors from the supply side to easily converge with the demand side through our #Fintech subsidiaries (like eLoan and hopefully many others soon). And of course, we’re utilizing #DeFi #Blockchain #Cryptocurrency to get there faster!

https://threadreaderapp.com/thread/1380421978226495489.html
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