MoMo E-Wallet named emerging innovator in Global Fintech 100 List

MoMo E-Wallet, a domestic mobile electronic Wallet and payment application, has become the first in Vietnam to enter the FINTECH100 - Top 100 global Fintech innovative firms – created by Australian capital firm H2 Ventures and Dutch audit company KPMG.

MoMo E-Wallet enters FINTECH100, a global ranking list by two prestigious international financial organizations

MoMo E-Wallet enters FINTECH100, a global ranking list by two prestigious international financial organizations

MoMo E-Wallet is also listed in the Emerging 50 Rising Stars group, thanks to being technologically innovative and implementing state-of-the-art business practices. The company offers a variety of services and possesses the largest number of users in Vietnam while having the fastest development speed.

In the introduction page for MoMo E-Wallet, FINTECH100 wrote that “They are both the largest and the fastest-growing of Vietnam’s payment providers with over 8 million customers and a growth rate of 15% in monthly transaction volume and user base.” The company’s payment system partners with 15 major domestic banks and 30 minor ones via Napas port, as well as accepts foreign payment networks, including JCB, MasterCard, and Visa.

Until October 2018, MoMo E-Wallet have nearly 10 million users for both iOS and Android devices.

By KIM THANH – Translated by Thanh Tam

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