VietinBank and Finviet partner to build digital financial ecosystem

VietinBank has entered into a partnership with fintech company Finviet to develop a digital financial ecosystem specifically designed for business households. The collaboration aims to promote cashless payments, digitalization, and data-driven financial solutions.

The partnership will integrate Finviet’s commercial transaction data with VietinBank’s payment and account data to create tailored financial models. Through this cooperation, Finviet’s merchant network will gain access to VietinBank’s ‘iShop Pro’ suite, which includes payment products such as QR codes, POS systems, and payment accounts, alongside management tools like electronic invoicing and electronic tax filing.

In the initial phase, the two entities plan to research and implement programs that provide financial access based on actual business data. This includes developing solutions for cash-flow-based lending, unsecured loans based on real revenue, and providing working capital to support business expansion.