MSB, FinFan Team Up To Provide Enhanced Cross-Border Remittance and Payment Services

Vietnam Maritime Commercial Joint Stock Bank (MSB) and Best Way Corporation (FinFan) have officially signed a comprehensive strategic partnership agreement to provide end-to-end payment solutions for businesses and promote cross-border remittance and payment services to Vietnam.

This event marks a significant milestone in combining FinFan’s advanced fintech platform with MSB’s extensive experience and reputation, offering customers easier, faster, cheaper, and secure international payment services while aligning with global financial trends.

Through the memorandum of understanding, MSB and FinFan are committed to deliver multi-channel and smarter payment solutions of international money movement to the country. Together, they aim to develop payment service collection globally via IBAN services in 180 countries with over 35 currency pairs, by supporting from VISA to enhance security measures and expanding global markets reach. Additionally, the partnership seeks to strengthen unlocking the local payment worldwide, facilitating seamless settlement for the overseas Vietnamese community and enterprises.

This collaboration is not only a significant step forward in collaboration fintech and banking but also a strong commitment by FinFan to strong support for the new policy project to effectively promote cross-border money flows sources of the association of remittance service providers.

From MSB’s perspective, the bank’s leadership highly values FinFan’s capabilities in providing efficient international money movement services, with big transaction volumes annually. MSB believes that with modern technological platforms and a professional team, the partnership will unlock numerous development opportunities for businesses and promote safe, convenient, and transparent financial services for the Vietnamese community.

In addition to advancing cashless payment and cross-border payment services, this collaboration expands support for domestic and international corporate partners, enhancing global trade activities and creating a strong bridge between Vietnam and the world. With a commitment to continuous innovation and growth, MSB and FinFan pledge to accompany their customers, delivering sustainable value and contributing to the development of Vietnam’s financial market.

About MSB

Founded in 1991, MSB has undergone nearly 33 years of development, achieving numerous milestones in the banking and finance industry. MSB currently operates over 260 branches and transaction offices nationwide and collaborates with more than 500 correspondent banks in over 60 countries and territories. The bank serves over 5.4 million individual customers and nearly 100,000 corporate clients with a workforce of more than 6,000 employees. This is one of the most dynamic banks in Vietnam who has a far-reaching strategic vision.

About FinFan

FinFan is a cross-border embedded financial platform focuses on digital APMs solutions that maximize efficiency opened APIs to enable mass disbursement, IBAN collection, VA management, card processing, ... by combining highly-automated banking services with end-to-end optimization processes through multiple channels.

FinFan is already integrated with many the world's well-known MTOs, PSPs, switch, and core fintech platforms such as Money Gram, Thunes, Qiwi, Remitly, World Remit, Bancore, PaySend, Terrapay, Ria Money Transfer (Euronet), Dlocal, Ripple, TripleA, FoMo Pay, Wings, NeutronPay, etc. It's also the pioneer e-wallet aggregator in Vietnam who integrated with almost e-wallet providers as MoMo, ZaloPay, VNPay, VNPT Pay, FPT Pay, Vietel Pay, etc.

For more information, please contact us via:
🌐https://finfan.io
📞 (+84) 2866 85 3317
✉ support@finfan.vn
LinkedIn: FinFan