Announced
Completed
Financials
Sources
Tags
Friendly
Vietnam
social media
Online and Social Platforms
Completed
Private
Venture Capital
Minority
Cross Border
Private Equity
Acquisition
Single Bidder
Synopsis
Mizuho Bank, a global bank with one of the largest customer bases in Japan, led a $200m Series E round in MoMo, the biggest e-wallet firm in Vietnam, with participation from Ward Ferry, Goodwater Capital and Kora. M-Service said it will use the capital to strengthen its super-app position by providing financial services to 31m existing customers, expanding its market by providing digital transformation solutions for millions of micro, small and medium sized enterprises in Vietnam.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.