Timo’s Personal Financial Management Solution Package is recognized in VET’s Top 10 Trusted Vietnam Products – Services 2022 for Banking – Insurance

Timo’s Personal Financial Management Solution Package is recognized in VET’s Top 10 Trusted Vietnam Products – Services 2022 for Banking – Insurance

HANOI, Vietnam, Dec. 13, 2022 /PRNewswire/ — Vietnam Financial Situations hosted a celebration for the Prime 100 Reliable Vietnam Items – Solutions 2022 Awards on 7th December 2022 in Hanoi. The function captivated the participation of many huge and highly regarded enterprises of nine sectors in Vietnam, such as Banking, Insurance policy, Securities E-Commerce, Retail Fintech, Electronic Products, Education and learning, and much more. Timo is proudly highlighted in the Best 10 Trusted Vietnam Goods – Expert services 2022 for Banking – Insurance – Securities with the “Individual Financial Administration Answer Package.”

In the past handful of yrs, the digital banking sector in Vietnam has had a placing just take up by shoppers with extraordinary development velocity, mostly determined by the Covid-19 pandemic. As people eventually come to be familiar with on the net payment approaches, the digital banking sector is getting much more remarkable and fiercer, and a lot of new gamers, even traditional banks, have begun to take part in the “digitalizing race.” Competitive pressure has emphasized the great importance of constructing customer trust and self-confidence in electronic fiscal companies.

With 7 many years of functioning in Vietnam as the initially and revolutionary electronic bank, Timo acknowledges that “Have confidence in” is the most significant barrier for all players in this market. And by turning into an helpful monetary companion that generally places the clients at the coronary heart of progress, Timo has set by itself aside from the digital banking landscape. The pleasure and have confidence in of the consumer are the foundation for lengthy-expression loyalty to Timo.

Dependent on that, the “Individual Financial Administration Remedy Package deal” contains MoneyPot, Purpose Help save, Term Deposit, Split Expenses, and Price Statements. With these attributes, consumers can conveniently retain observe of their shelling out patterns, control payment channels, handle all transactions, and modify costs to secure economic steadiness. As the “Individual Money Administration Solution Deal” is broadly trustworthy and made use of by numerous consumers, Timo is honored to aspect in the Leading 10 Dependable Vietnam Goods – Products and services 2022 for Banking – Insurance policy – Securities.

Ms. Thu Tran - Timo Digital Bank Vice President of PR & Communications at the Top 100 Trusted Vietnam Products - Services 2022 Award – Source: Timo.

Ms. Thu Tran – Timo Electronic Lender Vice President of PR & Communications at the Top rated 100 Trustworthy Vietnam Solutions – Companies 2022 Award – Source: Timo.

Ms. Thu Tran – Vice President of PR & Communications at Timo Electronic Financial institution, shared: “It is truly an honor for Timo to be identified in the Major 10 Trustworthy Vietnam Merchandise – Services 2022 of Banking – Insurance – Securities together with numerous status enterprises. This Award will motivate Timo to continuously create ground breaking products and solutions, be a trustworthy device for customers’ monetary journey, and continue on pursuing our mission of placing benchmarks for contemporary banking.

We are happy to be the initially and revolutionary digital lender to create a lot of resourceful improvements to give prospects ground-breaking encounters. As a result, a competitive and popular marketplace will enrich numerous companies’ initiatives in creating new products and solutions and products and services to fulfil customers’ anticipations and specifications, supplying them much more solutions to ideal fix their complications.”

About Timo

Set up in 2015, Timo was Vietnam’s 1st and groundbreaking electronic banking system. Because then, Timo has aspired to set the benchmark for modern banking in Vietnam and beyond.

Throughout seven many years of operations, Timo’s efforts have been recognized across a number of fronts, together with staying named The Most effective and Quickest Rising Electronic Bank inside of and outside of Vietnam for lots of consecutive years, awarded by a lot of respected organizations like Asia Funds, The Worldwide Economics. In 2021, Timo was named “Best Consumer-Centric Electronic Bank in Vietnam” by World-wide Models Magazine and also recognized as HR Asia’s “Greatest Companies to function for in Asia 2021″. Timo has further reached “Gold High-quality Support for Individuals advantage 2022”, as perfectly as becoming a section of the Top 50 FDI Enterprises in Vietnam in the group of “Foremost Electronic Banking Platform in Vietnam” in 2021 and “Revolutionary social banking and sustainable expansion” in 2022 by Golden Dragon Award.

 

Supply Timo Digital Financial institution

FINPAY COMPLETES $15 MILLION GROWTH ROUND LED BY PEAKSPAN CAPITAL TO EXPAND PATIENT ENGAGEMENT AND FINANCIAL MANAGEMENT SOLUTION

FINPAY COMPLETES $15 MILLION GROWTH ROUND LED BY PEAKSPAN CAPITAL TO EXPAND PATIENT ENGAGEMENT AND FINANCIAL MANAGEMENT SOLUTION

“FinPay has experienced accelerating growth over the last two years due to our focus and investment in our proprietary analytics, data-driven technology, fully managed patient engagement and financial responsibility platform. This unique solution has allowed us to provide game-changing financial improvements to providers in the behavioral health and acute care markets. We are excited that PeakSpan Capital, a recognized leader in growth-stage software investing, has decided to invest in FinPay and join our Board of Directors to help us continue to improve the patient financial experience,” said Tim Kowalski, president and CEO of FinPay Holdings, Inc.  “We are equally pleased that Montreux Growth Partners, who first invested in FinPay in November 2020, has increased their investment as part of this round and continues to share our goal of driving higher value to Behavioral Health and Acute Care providers.”

“FinPay attacks one of the most pernicious, opaque and costly pain points in healthcare today, the payment,” said Jack Freeman, partner of PeakSpan Capital. “In a world where out-of-pocket medical expenses are rising at an alarming rate, FinPay’s solution has become increasingly relevant, driving immense value for both healthcare providers and patients. We’re privileged to be backing such a seasoned management team with a strong vision, innovative technology platform and disruptive approach that will redefine how providers attack patient financial management and engagement.”

“Montreux is very pleased with the tremendous progress Tim and the FinPay Team have made since our initial investment in November 2020. FinPay’s unique combination of technology and a fully managed solution have positioned them to become a dominant player in the world of patient engagement and financial responsibility. We are delighted to welcome PeakSpan Capital to the FinPay Team as we scale the business to the next level,” said Daniel K. Turner III, managing partner of Montreux Growth Partners. 

About FinPay

FinPay is committed to solving the affordability crisis in healthcare by enhancing the patient financial experience through pre-care engagement, expanding healthcare financial literacy, advocating for cost transparency, and offering affordable payment options to maximize patient payments, affordable access to care and greater patient satisfaction. To learn more, visit www.FinPay.com.

FinPay Media Contact

Stacy McCloskey
Director of Marketing
[email protected]

About PeakSpan Capital

PeakSpan Capital is a growth equity firm based in New York City and San Mateo. Having partnered with over 30 high-growth software businesses and with $1.5B+ in AUM, PeakSpan’s mission is to be the partner of choice for growth-stage entrepreneurial teams who are building amazing software targeted at business buyers of all sizes. PeakSpan combines deep domain expertise within a select number of themes with a homegrown, proprietary technology platform providing visibility into company and market performance, to help disruptive entrepreneurs drive resilient, risk-adjusted value creation. To learn more about PeakSpan Capital and its portfolio, please visit www.peakspancapital.com.

About Montreux Growth Partners

Montreux is dedicated to making growth capital investments in category-leading companies with products, technologies, and services advancing health. Montreux has invested in more than 60 companies across multiple funds. Within healthcare IT, Montreux has built a strong track record with leading companies such as MINDBODY (IPO, acquired by Vista Equity Partners), Kareo, TigerConnect (acquired by Vista Equity Partners) and FinPay. For more information, please visit www.mepvc.com.

SOURCE FinPay Holdings, Inc.

Airbank, Yapily to build a financial management solution for SMBs

Money administration option for Europe-based mostly startups and SMBs Airbank has picked Open Banking infrastructure company Yapily to help its users regulate their finances with relieve.

Airbank supplies a easy money administration remedy that aggregates all bank accounts in 1 area and provides far more command, visibility, and automation to fashionable finance teams. Startups and SMBs use Airbank to obtain bank accounts, watch hard cash flow in authentic-time, build dependable forecasts, and make company payments. Airbank matches lender transactions with merchant and classification data to give finance teams finish visibility into revenues and costs, as a result assisting make their lives simpler with hard cash movement budgeting, forecasting, and reporting.

Yapily’s API infrastructure offers Airbank people with a easy, very simple way to link to additional than 1,500 banking institutions across the Uk and Europe together with Deutsche Lender, Commerzbank, Sparkassen, Volksbanken, and neobanks. Airbank selected Yapily for its robust protection in Europe, with a certain emphasis on Germany, France, Spain, and the United kingdom. Yapily’s European bank connectivity allows Airbank’s buyers to scale and mature across Europe, delivering forecast visibility wherever they go.

The partnership with Yapily alleviates Airbank’s buyers from shelling out time and sources taking care of their finances – supplying them direct access to all the monetary and contextual information they want in a single device. Traditionally, most businesses created budgets and hard cash movement forecasts in guide spreadsheets which is time-consuming and error-prone. With Airbank, customers preserve time and costs to emphasis on price-adding business enterprise responsibilities.

The partnership also permits Airbank’s shoppers to use its facts enrichment platform and transaction categorisation motor to convert the raw facts from financial institution accounts into meaningful and actionable insights. Airbank reconciles account balances, forecasts financials, and can help business homeowners make smarter company decisions every single working day. Harnessing Yapily’s top Open up Banking infrastructure, Airbank can speed up its adoption of digital banking companies.

Airbank’s eyesight is to simplify monetary management for SMBs and to make a unified system that allows its end users with the complete cycle of fiscal management from cash flow assessment and forecasting, to accounts receivables and payables management, and additional. Airbank has raised USD 3 million seed funding from leading VCs, and counts hundreds of customers in Germany, Austria, France, Spain, and the Uk.