Circle Asia Applied sciences, Visa and Pismo have partnered to launch an AI-powered PayLater card in Vietnam.
The cardboard, scheduled for a phased rollout in early 2026, makes use of AI to evaluate threat, underwrite prospects, and supply digital bank cards with versatile installment choices, permitting customers to handle funds with out a conventional checking account.
The initiative includes a significant industrial financial institution in Vietnam to make sure regulatory compliance and market attain.
“Our mission is to ship a seamless, rewarding and inclusive monetary expertise for Vietnamese customers,”
mentioned Arnab Ghosh, Founder and CEO of Circle Asia Applied sciences.
“Circle is basically redesigning the monetary expertise in Vietnam. By beginning with a contemporary credit score product, we are able to construct deeper buyer relationships than conventional banks or debit-focused neobanks. Working with Pismo and Visa allows us to innovate quickly and provide comfort and safety.”
Varun Dudeja, Head of Enterprise Improvement, APAC at Pismo, mentioned:
“Our collaboration with Circle and Visa reveals how combining core processing know-how with international funds infrastructure can create extra clear and accessible client experiences. It helps the event of a better digital monetary ecosystem.”
Pismo offers a microservices-based platform and APIs for steady innovation.
Acquired by Visa in 2024, Pismo stays network-agnostic, supporting a number of card networks.
Featured picture credit score: Edited by Fintech Information Singapore, based mostly on picture by brilian by way of Freepik
