Tag "MoMo"

MoMo, VNPAY, and ZaloPay Enable QR Payments for Visa Cardholders in Vietnam

Payments giant Visa has announced a new partnership with three of Vietnam’s leading e-wallets—MoMo, VNPAY, and ZaloPay—to enhance the payment experience for its cardholders at small and medium enterprises (SMEs). This collaboration allows Visa cardholders to use their cards to

Read More

Grab Vietnam Users Can Now Pay with MoMo

Vietnam’s fintech unicorn MoMo and Grab Vietnam announced today that they have integrated the former’s payment solution into the ride-hailing and food delivery superapp. This will allow users in Vietnam to make cashless payments within the Grab app using MoMo’s

Read More

Vietnam’s MoMo Rolls Out BNPL Payment Option for Online Apple Store Purchases

Vietnamese e-wallet M-Service which operates under the MoMo brand has begun offering its local customers monthly instalments when they make purchases at the online Apple Store. With this new feature, Vietnamese customers will have the opportunity to shop Apple’s products

Read More

Momo’s 31 Million Users Can Now Receive Western Union Money Transfers

Vietnamese e-wallet M-Service which operates under the MoMo brand announced that it has enabled its customers to receive Western Union money transfers on its app. MoMo said in a press release that it is the first super app in Vietnam

Read More

Vietnamese E-Wallet MoMo Joins Unicorn Club With US$200 Million Series E

Vietnamese e-wallet M-Service which operates under the MoMo brand announced it has raised US$200 million Series E in a funding round that was led by Mizuho Bank, a subsidiary of Mizuho Financial Group. With this latest fundraise, MoMo is now

Read More

MoMo Eyes Super App Status With the Close of US$100 Million Funding Round

Vietnamese e-wallet MoMo announced that it had raised US$100 million during its Series D funding round co-led by Goodwater, a Sillicon Valley fund and Warburg Pincus, according to a report by Reuters. New investors include Goodwater Capital, Kora Management and

Read More

5 Fastest Growing Fintechs in Vietnam According to IDC

IDC Financial Insights today released the 2020 update of its FinTech Fast 101 research which details a list of fast-growing FinTechs in Asia/Pacific excluding Japan (APEJ) from 11 key markets. IDC’s FinTech Fast 101 research refers to fast-growing fintech players

Read More

13 Hottest Fintech Startups in Vietnam

Fintech continues its momentum in Vietnam with local startups gaining significant traction from foreign investors. These raised a record of US$117 million in 2018, the maximum funding in Vietnamese startups for that year. Vietnam’s rapidly evolving fintech sector has been largely

Read More

Top Funded Fintechs in Asia By Country

With the existence of such a huge region with huge swaths of unbanked and uninsured populations, investors are waking up to the potential that Asia has in fintech. According to Bain & Company, 2017 saw a sharp spike of recorded

Read More

Mobile Payments, Internet Banking See Rapid Growth in Vietnam

Vietnam has been experiencing a digital wave in its financial and banking industry, with payments through mobile banking services surging by a whopping 144% per year over the past five years, experts said at a conference last week. During the

Read More