Do you integrate with Vietnamese e-wallets and QR payment rails?

Yes, we integrate leading Vietnamese e-wallet and QR payment methods alongside card and bank transfer rails within a unified orchestration layer.

Can you help us launch faster than our current core banking vendor allows?

We build API middleware around core and BaaS providers so your product team can ship independently of the vendor's release cycle, similar to how we modernize legacy bank cores.

How do you reduce onboarding drop-off while staying compliant?

We automate identity verification and sanctions screening directly into the account opening flow, so compliance checks run in seconds instead of creating a manual bottleneck.

Can your fraud detection keep up with our growth rate?

Yes, our risk engines score transactions in real time and retrain continuously, so detection scales with transaction volume rather than degrading as you grow.

Is your infrastructure ready for a banking partner or regulator security review?

We build audit logging, access controls, and monitoring in from the start, and our cybersecurity practice runs the same gap assessments we use to prepare fintechs for banking partner audits.

Digital Banking & Neobanks · Vietnam

Digital Banking & Neobanks Software Development in Vietnam

Neobanks and digital-first banking platforms have to ship product at software speed while meeting the same regulatory bar as incumbent banks, which means API-first core architecture, automated compliance, and fraud controls built in from day one rather than retrofitted. In Vietnam, that means building to the expectations of Asia-Pacific: Payment intermediary services, including e-wallets, require a license from the State Bank of Vietnam (SBV) under its intermediary payment services framework.

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Vietnam Regulatory Landscape

What digital banking & neobanks businesses in Vietnam need to know

Payment intermediary services, including e-wallets, require a license from the State Bank of Vietnam (SBV) under its intermediary payment services framework.
Vietnam does not currently recognize cryptocurrency as a legal means of payment, and its broader digital asset legal framework remains under active development.
Foreign exchange and cross-border payment activity intersects with SBV foreign exchange management regulations.
We build to current SBV payment licensing expectations and treat digital-asset features conservatively given the evolving legal landscape, alongside Vietnamese regulatory counsel.

This information is provided for general orientation only and is not legal or licensing advice. Always confirm current requirements with qualified local counsel.

The Challenge

What digital banking & neobanks operators struggle with

Core banking vendors that slow product velocity

Many banking-as-a-service and core providers still require vendor-managed release cycles that conflict with a neobank's need to ship weekly.

Onboarding drop-off from manual KYC steps

Manual identity verification steps in account opening drive real drop-off at exactly the moment a neobank is trying to win a customer.

Fraud exposure during rapid growth

Fast user growth without real-time risk scoring creates fraud and account takeover exposure that scales faster than manual review can handle.

Infrastructure that wasn't built for audit

Cloud infrastructure stood up for speed at launch often lacks the audit logging and access controls a banking regulator will expect at scale.

Our Approach

How we support digital banking & neobanks in Vietnam

API-first core & ledger architecture

Modern, well-documented APIs around account, ledger, and card issuing systems, built or integrated so product teams can ship without waiting on a core vendor release cycle.

Automated onboarding & KYC

Identity verification, sanctions/PEP screening, and document checks automated into account opening flows to cut drop-off while staying audit-ready.

Real-time fraud & risk scoring

Stream-processing risk engines score transactions and account activity in milliseconds, with continuous retraining as fraud patterns evolve.

Cloud-native, audit-ready infrastructure

Kubernetes-based, horizontally scalable infrastructure with the audit logging, access controls, and monitoring regulators and banking partners expect.

Card issuing & payment rail integration

Card issuing platforms and payment rails integrated behind a single API layer for consistent account and transaction experiences.

Relevant Services

Engineering practices for this industry

API & Platform

API Integration & Open Banking Engineering

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Cloud & DevOps

Cloud Modernization & DevOps Engineering

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AI & Automation

AI Fraud Detection & Intelligent Automation

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FAQ

Digital Banking & Neobanks in Vietnam — FAQ

Vietnam does not yet have a comprehensive legal framework recognizing crypto as a payment instrument, so we recommend confirming scope with Vietnamese legal counsel first; most of our Vietnam work focuses on SBV-licensed payment and API infrastructure instead.