MoMo

MoMo stands as Vietnam's largest e-wallet and a pioneering force in mobile digital payments, founded in 2009 with a mission to democratize financial services. The company's core offering is a robust mobile payment application available on iOS and Android, facilitating a wide array of transactions. These include cash transfers within Vietnam, settlement of over 100 types of bills, mobile account recharges, personal loan payments, and purchases of goods and services ranging from e-commerce items and online game credits to airline and movie tickets. This comprehensive suite of services underscores MoMo's commitment to providing accessible financial tools to its user base.

Serving over 14 million registered users across Vietnam, MoMo has established an extensive network of more than 100,000 acceptance points. These points span diverse verticals such as transportation, utilities, entertainment, consumer finance, insurance, money transfer, retail, and food and beverage sectors. The company operates with a workforce of 1,000 - 5,000 employees, contributing to its significant operational footprint. For insights into the individuals driving this expansion, you can Meet MoMo's team. MoMo's strategic growth is supported by its presence in 2 locations, enhancing its service delivery capabilities nationwide.

Financially, MoMo has demonstrated substantial growth, reporting a revenue of $824.9M. Its development has been significantly bolstered by strategic funding rounds, including a Series E round of $200 million and a Series D round of $100 million, attracting investment from prominent entities like Mizuho, Goldman Sachs, Warburg Pincus, and Macquarie Group. This financial backing highlights investor confidence in MoMo's market position and future potentialView more...