• Sector: Financial Services
  • Geography: Vietnam
  • Stage: Growth
  • Investment Year: 2018
  • Website Link

MoMo

MoMo is the largest e-wallet in Vietnam and the pioneer of mobile digital payments in the country with a mission to provide customers equal access to financial services and products. Its mobile payment application which runs on both iOS and Android devices supports cash transfers within Vietnam, payments of more than 100 types of bills, recharging of mobile phone accounts, settlement of personal loans, as well as the purchase of goods and services such as e-commerce purchases, online game credits, as well as airline and movie tickets. MoMo serves more than 14 million registered users in Vietnam with over 100,000 acceptance points across all verticals, such as transportation, utilities, entertainment, consumer finance, insurance, money transfer, retail, and F&B.