Desfran Consulting

Taiwan is becoming an attractive destination for Foreign Direct Investments (FDIs). A global leader in manufacturing products for the information technology sector, Taiwan relies its economy heavily on exports of high-tech and consumer goods. As technology advances, and regulations make business environments more conducive, the entry of foreign companies into the Taiwan market becomes more seamless .

Taiwan has a mature and ideal market for field-testing new business models. Backed with robust financial and data infrastructure, the nation has a high penetration of internet, credit cards, smartphones, providing a stable ground for FinTech to maximise the development of effectiveness. Yet, there has been a slow thaw due to several challenges and regulatory constraints  in Taiwan on FinTech developments .

Stablecoins are continually growing in popularity as they bring about stability in an uncertain and booming crypto market scene. Stablecoins facilitate the trading of digital assets as a semblance of real money. They are also designed to hold a stable value or at least values with minimal volatility but offer no appreciation in value. Learn why investors need to understand first the various limitations before utilising stablecoins as digital money for offshore banking .

Innovations using blockchain technology disrupted how companies and markets conduct business. Digital currencies are on the rise, particularly stablecoins, due to its convenience and opportunities it offers to businesses. For tech entrepreneurs who hire foreign talents offshore, stablecoins are the answer to efficiently move funds and improve the flow of capital .

FinTech, a portmanteau of financial technology, has taken the global economy by storm. It primarily evolved as a solution to inefficient methods and unexplored opportunities in the financial services sector. With such robust market growth, no wonder several foreign capitals are flowing in the Vietnamese FinTech industry. Here are some successful trends about FinTech companies in Vietnam .