Momo

Momo is a prominent FinTech startup that has been elevating financial convenience in Vietnam since its establishment in 2007. The company's versatile mobile wallet and effortless payment solutions have made it a notable player in the finance, fintech, and payments industries. Momo offers a mobile electronic wallet and payment application for both iOS and Android platforms, allowing users in Vietnam to perform a wide range of financial transactions. These include nationwide money transfers, bill payments, mobile account recharges, personal loan management, and the purchase of various services such as software licenses, online game cards, airline tickets, and movie tickets. Moreover, Momo collaborates with 24 domestic banks and global payment networks such as JCB, MasterCard, and Visa to support its payment system. The company recently secured a significant $200.00M Series E investment on 21 December 2021, with key investors including Goodwater Capital, Mizuho Capital, Kora Capital, and Ward Ferry Management. This investment reflects the confidence that notable venture capital firms have in Momo's business model and its potential for growth and innovation in the dynamic FinTech landscape. Momo's ability to attract substantial investments and collaborate with renowned financial institutions and investors positions it as a formidable player in Vietnam's financial technology sector, poised for further expansion and impact.