MoMo recently launched Du lich - Di lai feature With the new function, users can buy tickets for many means of travel, including flight and train since late November. In addition to payments, Du Lich – Di Lai also helps users to easily search and select suitable travel options by estimating the price a journey would take by different means. … [Read more...] about MoMo on the road of being super app
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MoMo closes Series D financing round
Without announcing the value of the deal, the firm revealed that together with existing shareholders Warburg Pincus, Affirma Capital, and Tybourne Capital Management, new investors in the round included Goodwater Capital, Kora Management and Macquarie Capital, adding the round was co-led by Goodwater, a Silicon Valley fund and Warburg Pincus. … [Read more...] about MoMo closes Series D financing round
E-wallet Momo secures investments from foreign funds
The Vietnamese e-wallet said in a statement that U.S. funds Goodwater Capital and Kora Management and Australia’s Macquarie Capital invested for the first time while existing shareholders Warburg Pincus (U.S.), Affirma Capital (U.K.) and Tybourne Capital Management (Hong Kong) increased their investments. … [Read more...] about E-wallet Momo secures investments from foreign funds
MoMo closes Series D financing round
Hanoi (VNS/VNA) - MoMo, Vietnam’s biggest e-wallet firm, has finished its Series D financing round from leading global investors, announced the firm in Hanoi on January 13. Without announcing the value of the deal, the firm revealed that together with existing shareholders Warburg Pincus, Affirma Capital, and Tybourne Capital Management, new investors in the round included Goodwater Capital, Kora Management and Macquarie Capital, adding the round was co-led by Goodwater, a Silicon Valley fund and Warburg Pincus. MoMo’s Executive Vice Chairman and Co-CEO Nguyen Manh Tuong said: “We did the round without any physical contact due to the pandemic. It is like never before, however, we still succeeded in getting new investors.” “We are grateful and honoured to have the prestigious lineup of global investors to join this round of financing. "The investment not only demonstrates the investors’ … [Read more...] about MoMo closes Series D financing round
Six foreign firms pour capital into MoMo
MoMo reveals its foreign investors at its Series D funding round – PHOTO: MOMO HCMC – Vietnamese ewallet service provider MoMo announced today, January 13, that it had ended its Series D funding round, with six foreign firms—three new investors and three current shareholders of MoMo—joining the fundraising. … [Read more...] about Six foreign firms pour capital into MoMo