.
MergerLinks Header Logo

Announced

Completed

Mizuho Bank led a $200m Series E round in MoMo.

Financials

Edit Data
Transaction Value£151m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

Friendly

Vietnam

social media

Online and Social Platforms

Completed

Private

Venture Capital

Minority

Cross Border

Private Equity

Acquisition

Single Bidder

Synopsis

Edit

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.

CONTACT US