Momo logo — Elevating financial convenience in Vietnam with a versatile...

Momo

Elevating financial convenience in Vietnam with a versatile mobile wallet and effortless payment solutions.

Founded 2007 1001-5000 employees Series E Total: $433.75M Finance, Fintech +1

General Information

Company Name Momo
Founded Year 2007
Founders / Decision Makers
Team member Team member
Employees 1001-5000
Industries Finance, Fintech, Payments
Funding Stage Series E
Business Model B2C, Platform
Revenue Model Transaction Fee, Commission, Service Fee
Social

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About Momo

Momo, established in 2007, is a pioneering FinTech startup dedicated to enhancing financial convenience in Vietnam. With its versatile mobile wallet application available on both iOS and Android platforms, Momo enables users to manage a wide array of financial activities seamlessly. These activities include nationwide money transfers, bill payments across over 100 categories, mobile phone recharges, personal loan management, and the purchase of services such as software licenses, online game cards, airline tickets, and movie tickets.

The company's robust operational framework is supported through collaborations with 24 domestic banks and major global payment networks such as JCB, MasterCard, and Visa. This widespread integration bolsters its capability to offer comprehensive payment solutions across regions.

Having secured a substantial $200.00M Series E investment on 21 December 2021, Momo is backed by prominent investors including Goodwater Capital, Ward Ferry Management, Mizuho Bank, and Kora.

Business keywords: mobile wallet, FinTech, electronic payments, money transfers, bill payments, mobile recharge, loan management, software licenses, online gaming, ticketing services, bank partnerships, international payment networks, digital transactions, payment solutions

Services & Products

Digital Wallet
Financial AI Assistant
Expense Management
Loan Services
Investment Services
Payment Processing
Bill Payments
Group Contributions

Target Customers

Individual Consumers Small Businesses Online Shoppers Public Transport Users Non-profit Organizations

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Series E $200.00M 4
Goodwater Capital, Ward Ferry Management +2
21 Dec 2021
Series D $100.00M 6
Goodwater Capital, Warburg Pincus +4
13 Jan 2021
Series C $100.00M -
18 Jan 2019
Series B $28.00M -
17 Mar 2016
Series A $5.75M -
01 Jan 2013

Momo Alternatives & Competitors

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FAQ About Momo

Elevating financial convenience in Vietnam with a versatile mobile wallet and effortless payment solutions.
Momo was founded in 2007.
Momo operates in Finance, Fintech and Payments. Its work centres on mobile wallet, FinTech, electronic payments and money transfers. Its customers include Individual Consumers, Small Businesses and Online Shoppers.
Momo has a B2C and Platform business model. Its revenue comes from Transaction Fee, Commission and Service Fee.
Momo has approximately 1001-5000 employees.
Momo has completed 5 funding rounds, raising a total of $433.75M. The latest funding stage is Series E.
Momo offers: Digital Wallet, Financial AI Assistant, Expense Management, Loan Services, Investment Services, Payment Processing, Bill Payments, Group Contributions.
Top alternatives and competitors to Momo include TNG Digital, Lydia, Skrill, a Paysafe Experience, Dhanhind, Yativo Global. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Momo and TNG Digital are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Momo, https://bouncewatch.com/company/momo, updated 21 March 2026. When citing, please name BounceWatch and link this page.

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