After a successful Fintech Challenge Vietnam (FCV) in 2017-2018, the second challenge was co-organized by the State Bank of Vietnam (SBV) and Mekong Business Initiative (MBI), a program funded by the Government of Australia and the Asian Development Bank (ADB).
FCV 2019 has brought in 6 financial institutions as corporate partners (UOB Vietnam,TPBank,Vietcombank, VietCredit, VietinBank, and Viettel Digital Services Corporation), 2 Sponsors (Mastercard and Visa), 2 Investment Partners (VinaCapital Ventures and Phoenix Holdings), 2 Technical Partners (Ernst & Young and Padang & Co), as well as 5 Network Partners (ThinkZone, VietFintech, VIISA, VNPAY, and Vietnam Silicon Valley).
This year's FCV gave priority to 3 main areas: Big Data and AI-Enabled Analytics, Financial Services Outreach, and Cyber Security.
A shortlist of solutions, selected from 208 Fintech applications in 28 countries, presented at the Demo Day on November 7th, 2019. Top 3 winners from Mature and Early stage were awarded with cash prizes on November 8th, 2019 at the Vietnam Fintech Forum, Melia Hotel, Conference Room, 44B Ly Thuong Kiet Str., Ha Noi.