FE CREDIT Broadens Product Offerings with FirstVision in Vietnam
FE CREDIT is a consumer finance company in Vietnam that focuses on cash loans, two-wheeler loans and consumer durable loans with installments. As the pioneer in the consumer finance industry, FE CREDIT has established a solid foundation, leading the unsecured consumer finance market in terms of both scale and quality.
Recently FE CREDIT was granted a credit-card-issuing license by the State Bank of Vietnam, and it was looking to provide credit cards to 400,000 customers, during the initial phase, as a value-add to its existing product offerings.
By utilizing FirstVision, FE CREDIT was able to leverage First Data’s extensive payment experience in building a proven, flexible and scalable platform that would enable the company to reduce time to market, mitigate risk and
accelerate the speed of innovation.