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Fintech and the rise of all-in-one finance operating systems in Vietnam.

Acclime discusses with Stefano Pellegrino, Cofounder and Country Manager of Aspire in Vietnam about the potential of the fintech industry in Vietnam, the role of the financial ecosystems in driving the market’s growth and how the sector positioned to meet the challenges and opportunities of the post-pandemic business environment.

Matthew Lourey, the Managing Partner of Acclime Vietnam and the host if the first Acclime Conversations episode discussed with Stefano about his personal growth story in Vietnam, the changes he encountered when switching to a 100% start-up workflow and how Aspire brings value to the Vietnamese entrepreneurs and the overall business community.

For more information about Fintech in Vietnam, check out our article on this subject: Fintech in Vietnam: Market access and conditions and subscribe to our LinkedIn and YouTube channel to stay updated with relevant information for foreign investors in Vietnam.

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Guest speaker information.

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Stefano Pellegrino, Ph.D., LL.M.

Co-founder and Country Manager, Aspire (Vietnam)
Launched in 2018, Aspire is one of the fastest growing FinTech companies in South East Asia. Aspire is backed by Y-Combinator – the #1 startup incubator in the world – and just raised a $158 million USD Series B funding round led by some of the world’s best VCs. Stefano drove the Vietnam business unit of Aspire from incorporation to achieving profitability in less than 12 months. He then took on regional responsibility of the entire Credit business of Aspire, managing operations across Indonesia, Vietnam, Singapore and Thailand. Stefano is a result driven FinTech Executive, Entrepreneur, and an M&A lawyer qualified in New York and Italy. He holds a Master of Laws from UC Berkeley (California), and a Ph.D. from University of Pavia (Italy).

About Aspire

Aspire is the all-in-one finance operating system for growing businesses. We help companies pay, manage, and earn smarter – by doing more than a bank, bookkeeper, or reward program could ever do alone. Our mission is to empower the next generation of entrepreneurs with the financial tools they need to realise their company’s full potential. Headquartered in Singapore, with offices in Indonesia, Vietnam and Thailand, Aspire is backed by some of the world’s best VCs, including Y-Combinator, the #1 startup incubator in the world. Aspire was founded in 2018 to provide working capital loans for small to medium-sized businesses, but soon after its founding, it began taking a multi-product strategy. Its portfolio of services now include bank accounts for cross-border businesses, corporate cards and automated invoice processing, all of which are connected to financial management software. The company also operates an incorporation service for Singaporean companies called Aspire Kickstart. More than 10,000 business accounts have been opened on Aspire, and in total they transact about $2 billion annually.