10:15 23/06/2023

bet88 nhà cái đến từ châu âuHSBC & Dat Bike enter into strategic partnership

Ngoc Lan

Deal bet88 nhà cái đến từ châu âu back the Vietnamese startup’s approach bet88 nhà cái đến từ châu âu the world.

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HSBC Vietnam and Dat Bike have signed a strategic agreement that allows Vietnam’s leading international bank bet88 nhà cái đến từ châu âu help the electric motorbike manufacturer digitalize its financial operations and set up an initial footprint in the overseas financial market, opening up more opportunities bet88 nhà cái đến từ châu âu access foreign investment.

In this initial stage of cooperation, HSBC Vietnam will help Dat Bike increase its automation rate by upgrading its accounting system, allowing it bet88 nhà cái đến từ châu âu create and approve a bulk of transactions with only one click, saving processing time and transacting more effectively and accurately while minimizing human error.

In order bet88 nhà cái đến từ châu âu support the startup bet88 nhà cái đến từ châu âu approach more opportunities in fundraising rounds, HSBC Vietnam offers one consistent platform for Dat Bike bet88 nhà cái đến từ châu âu centrally manage treasury, setting the company’s strong foundation bet88 nhà cái đến từ châu âu expand bet88 nhà cái đến từ châu âu other Southeast Asian markets, starting from Singapore, the biggest investor in Vietnam in 2022 and the first five months of 2023.

The strategic ties between HSBC Vietnam and Dat Bike has materialized the bank’s new economy strategy, where it fuels high potential new economy companies that make fundamental shifts in the way they produce and distribute, bet88 nhà cái đến từ châu âu serve new ways of consuming goods and services.

Mr. Ahmed Yeganeh, Head of Wholesale Banking at HSBC Vietnam, said Vietnam’s new economy is the fastest growing and has the greatest potential in Southeast Asia.

“Given the dramatic changes in Vietnam’s economy, in terms of the way companies are doing business, changing consumer behavior driven by a growing middle class, and increasing internet penetration and higher rates of online shopping, the new economy promises bet88 nhà cái đến từ châu âu play a key role in economic growth,” he added. “Dat Bike is a great example of a new economy corporate, with their innovative, entrepreneurial mindset and sustainability strategy bet88 nhà cái đến từ châu âu bring green vehicles bet88 nhà cái đến từ châu âu Vietnam. They are also an inspiration for other Vietnamese companies bet88 nhà cái đến từ châu âu move forward in sustainability and innovation. HSBC shares the same vision in growing and supporting Vietnam bet88 nhà cái đến từ châu âu develop sustainably.”

CEO of Dat Bike, Son Nguyen, said it is honored bet88 nhà cái đến từ châu âu become a strategic partner of HSBC and appreciates the bank’s flexibility and pioneering efforts in providing new solution packages bet88 nhà cái đến từ châu âu support green business groups. “Through this partnership, Dat Bike hopes bet88 nhà cái đến từ châu âu contribute bet88 nhà cái đến từ châu âu HSBC’s ‘new economy’ ecosystem, thereby digitizing business operations and mobilizing additional capital bet88 nhà cái đến từ châu âu follow the mission of converting gasoline motorcycles into electric motorcycles in Vietnam and Southeast Asia,” he said.

The cooperation will ignite more opportunities for HSBC not only bet88 nhà cái đến từ châu âu support Dat Bike’s operations and fundraising but also allow their customers bet88 nhà cái đến từ châu âu access advanced electric mobility products more easily and affordably.

HSBC launched Innovation Banking this month, which includes the former Silicon Valley Bank UK, with newly-formed innovation teams in the UK, the US, Israel, and Hong Kong (China), aiming bet88 nhà cái đến từ châu âu deliver a globally-connected, specialized banking proposition bet88 nhà cái đến từ châu âu support a broad range of innovation businesses and their investors.

The new business concept, in the later stages, will become the premise for supporting new economy businesses around the world, including in Vietnam, bet88 nhà cái đến từ châu âu post high growth, connect foreign investors, and access international capital through the bank’s strong network and rich experience and knowledge in the banking and finance industry.