JB Financial Group has taken a significant step in Vietnam’s fintech sector by acquiring a minority stake in retail investment app Infina. According to Herald of KoreaThe move aims to strengthen JB Securities Vietnam's presence in the Southeast Asian country and tap into its growing stock market potential.
Infina, which has more than 500,000 monthly active users, is looking to diversify into the securities space and expand its presence to neighboring countries like Cambodia. The collaboration with JB Financial Group provides a crucial catalyst for Infina’s expansion ambitions, providing a route to local and global markets.
JB Securities Vietnam CEO Kim Doo-yoon said: “In the Vietnamese stock market (which has) great growth potential, collaboration with various local partners such as fintech companies can be a desirable way to expand the customer base. arguments in favor of building an ecosystem of coexistence with fintech companies through close collaboration with Infina.
JB Financial Group said on Thursday it will acquire a minority stake in Vietnamese retail investment app Infina, in a bid to help the group's securities arm expand its customer base in the South Asian country -East.https://t.co/WNqwqzcgpu
– The Korea Herald (@TheKoreaHerald) March 8, 2024
JB Securities Vietnam, headquartered in Hanoi, has continued to expand its financial services offering. From securities brokerage to managing corporate bond issues, the firm launched Finavi securities
Exchange platform
Exchange platform
In the field of foreign exchange, a currency trading platform is software provided by brokers to their respective clientele, allowing them to access the wider market as traders. Most often, this reflects an online interface or mobile application, equipped with order processing tools. Every broker needs one or more trading platforms to meet the needs of different clients. The true backbone of the company's offering, a trading platform provides clients with quotes, a selection of instruments to trade, real values
In the field of foreign exchange, a currency trading platform is software provided by brokers to their respective clientele, allowing them to access the wider market as traders. Most often, this reflects an online interface or mobile application, equipped with order processing tools. Every broker needs one or more trading platforms to meet the needs of different clients. The true backbone of the company's offering, a trading platform provides clients with quotes, a selection of instruments to trade, real values
in 2023 to operate mobile stock trading and margin lending markets.
Future Perspectives and Collaborative Efforts
JB Securities Vietnam CEO Kim Doo-yoon highlighted the potential for collaboration with local fintech players in Vietnam’s thriving market.
JB Financial Group's foray into Vietnam financial technology
Financial technology
Financial technology (fintech) is defined as any technology geared toward automating and improving the delivery and application of financial services. The origin of the term fintech dates back to the 1990s, where it was primarily used as a back-end system technology for well-known financial institutions. However, it has since expanded outside of the corporate sector and focused more on consumer services. What are Fintechs for? The main objective of Fintechs would be to provide
Financial technology (fintech) is defined as any technology geared towards automating and improving the delivery and application of financial services. The origin of the term fintech dates back to the 1990s, where it was primarily used as a back-end system technology for well-known financial institutions. However, it has since expanded outside of the corporate sector and focused more on consumer services. What are Fintechs for? The main objective of Fintechs would be to provide
the landscape extends beyond Infina. With strategic investments in Korean fintech entities like Hanpass and Finda, the group is targeting partnerships in the rapidly evolving fintech sector.
Last month, Blue Ocean Technologies, a key player in the commercial services industry, expanded its global presence with partnerships in South Korea, Hong Kong and Japan. The company's collaboration with DriveWealth marked a significant milestone in its efforts to improve the accessibility of stock trading and the availability of data for investors.
The partnership between Blue Ocean Technologies and DriveWealth aims to provide access to stock trading and bridge time zones for easier trade execution. DriveWealth's connectivity enables 24/7 real-time trading, catering to investors in various regions, regardless of their local trading hours.
JB Financial Group has taken a significant step in Vietnam’s fintech sector by acquiring a minority stake in retail investment app Infina. According to Herald of KoreaThe move aims to strengthen JB Securities Vietnam's presence in the Southeast Asian country and tap into its growing stock market potential.
Infina, which has more than 500,000 monthly active users, is looking to diversify into the securities space and expand its presence to neighboring countries like Cambodia. The collaboration with JB Financial Group provides a crucial catalyst for Infina’s expansion ambitions, providing a route to local and global markets.
JB Securities Vietnam CEO Kim Doo-yoon said: “In the Vietnamese stock market (which has) great growth potential, collaboration with various local partners such as fintech companies can be a desirable way to expand the customer base. arguments in favor of building an ecosystem of coexistence with fintech companies through close collaboration with Infina.
JB Financial Group said on Thursday it will acquire a minority stake in Vietnamese retail investment app Infina, in a bid to help the group's securities arm expand its customer base in the South Asian country -East.https://t.co/WNqwqzcgpu
– The Korea Herald (@TheKoreaHerald) March 8, 2024
JB Securities Vietnam, headquartered in Hanoi, has continued to expand its financial services offering. From securities brokerage to managing corporate bond issues, the firm launched Finavi securities
Exchange platform
Exchange platform
In the field of foreign exchange, a currency trading platform is software provided by brokers to their respective clientele, allowing them to access the wider market as traders. Most often, this reflects an online interface or mobile application, equipped with order processing tools. Every broker needs one or more trading platforms to meet the needs of different clients. The true backbone of the company's offering, a trading platform provides clients with quotes, a selection of instruments to trade, real values
In the field of foreign exchange, a currency trading platform is software provided by brokers to their respective clientele, allowing them to access the wider market as traders. Most often, this reflects an online interface or mobile application, equipped with order processing tools. Every broker needs one or more trading platforms to meet the needs of different clients. The true backbone of the company's offering, a trading platform provides clients with quotes, a selection of instruments to trade, real values
in 2023 to operate mobile stock trading and margin lending markets.
Future Perspectives and Collaborative Efforts
JB Securities Vietnam CEO Kim Doo-yoon highlighted the potential for collaboration with local fintech players in Vietnam’s thriving market.
JB Financial Group's foray into Vietnam financial technology
Financial technology
Financial technology (fintech) is defined as any technology geared towards automating and improving the delivery and application of financial services. The origin of the term fintech dates back to the 1990s, where it was primarily used as a back-end system technology for well-known financial institutions. However, it has since expanded outside of the corporate sector and focused more on consumer services. What are Fintechs for? The main objective of Fintechs would be to provide
Financial technology (fintech) is defined as any technology geared toward automating and improving the delivery and application of financial services. The origin of the term fintech dates back to the 1990s, where it was primarily used as a back-end system technology for well-known financial institutions. However, it has since expanded outside of the corporate sector and focused more on consumer services. What are Fintechs for? The main objective of Fintechs would be to provide
the landscape extends beyond Infina. With strategic investments in Korean fintech entities like Hanpass and Finda, the group is targeting partnerships in the rapidly evolving fintech sector.
Last month, Blue Ocean Technologies, a key player in the commercial services industry, expanded its global presence with partnerships in South Korea, Hong Kong and Japan. The company's collaboration with DriveWealth marked a significant milestone in its efforts to improve the accessibility of stock trading and the availability of data for investors.
The partnership between Blue Ocean Technologies and DriveWealth aims to provide access to stock trading and bridge time zones for easier trade execution. DriveWealth's connectivity enables 24/7 real-time trading, catering to investors in various regions, regardless of their local trading hours.