.
MergerLinks Header Logo

Announced

Completed

Warburg Pincus and Goodwater Capital led a $100m Series D round in MoMo.

Financials

Edit Data
Transaction Value£74m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

Payments / Commerce

Acquisition

Private

Cross Border

Single Bidder

Private Equity

payment solutions

Completed

Minority

Friendly

Vietnam

fintech

Synopsis

Edit

Warburg Pincus and Goodwater Capital led a $100m Series D round in MoMo, Vietnam’s top payment app, with participation from Kora Management, Macquarie, Affirma Capital and Tybourne Capital Management. According to MoMo, 25% of the new funding will be used to support tech startups in Vietnam through MoMo Innovation Ventures, the company’s new fund. The capital raise is also a much-needed boost for MoMo to continue its fight in a brutal fintech war in the country, where 39 e-wallet providers are battling it out to dominate a market that encompasses nearly 100m people.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US