Vemanti partners with Finastra to build first SME-focused neobank in Southeast Asia
IRVINE, Calif., March 23, 2023 (GLOBE NEWSWIRE) — Vemanti Group, Inc. (“Vemanti” “Vemanti Group” or the “Company”) (OTCQB:VMNT) today announced that it has chosen Finastra International Ltd. (“Finastra”) to help build Southeast Asia’s first SME-focused neobank. Initially focusing on Vietnam, Vemanti will use Finastra’s next-generation core banking solution, Fusion Essence, as the platform for new products and services aimed at increasing financial inclusion in the underserved SME finance market. Vemanti has also tapped Finastra’s partner ecosystem to select Lendscape’s market-leading invoice finance and supply chain finance technology.
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