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MoMo (M_Service)

MoMo (M_Service) is a fintech / e-wallet company based in Ho Chi Minh City, Vietnam, founded in 2007. Vietnam's largest mobile wallet and payments super-app. It was valued at $2bn on 21 December 2021 (Series E funding round (~$200m)), which makes it a unicorn in the 311 Unicorn Index.

Part of the 311 Unicorn Index (311institute.com). Last updated .

$2bnValuation
21 Dec 2021As of
Ho Chi Minh City, VietnamHeadquarters
2007Founded
Fintech / e-walletSector
Unicorn311 status
Book a Briefing
$2bn ยท Series E funding round (~$200m)
Source: Bloomberg

About MoMo (M_Service)

Vietnam's largest mobile wallet and payments super-app. Lead investors in its latest round: Mizuho (lead), Ward Ferry, Goodwater. Website: momo.vn.

How this figure is calculated

The valuation set by the latest priced funding round or company-run share sale, as announced by the company or its lead investor, or reported by a major news organisation. Figures in other currencies are converted at the rate on the day of the round. Talks that have been reported but not closed do not count. This valuation is more than three years old, so it is marked as dated.

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Questions and answers

How much is MoMo (M_Service) worth?

MoMo (M_Service) was valued at $2bn on 21 December 2021 (Series E funding round (~$200m)), according to the 311 Unicorn Index.

Where is MoMo (M_Service) based?

MoMo (M_Service) is headquartered in Ho Chi Minh City, Vietnam.

When was MoMo (M_Service) founded?

MoMo (M_Service) was founded in 2007.

What does MoMo (M_Service) do?

Vietnam's largest mobile wallet and payments super-app.

Is MoMo (M_Service) a unicorn?

Yes. MoMo (M_Service) is a privately held company valued at $1 billion or more, so it is a unicorn in the 311 Unicorn Index.

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