MoMo

Active#1 in Vietnam

E-wallet, super-app

Founded2010

HQHo Chi Minh City

RaisedUSD ~434M

Last roundSeries E · Dec 2021

Country of originVietnamListed in the Vietnam ranking

Where would you invest?Legal seat not verified (operating company M_Service JSC, Vietnam); operations in VietnamJurisdiction as cited by the ranking

Uback rankings

How the AI ranks →

Ranking	Tier	Rank	Edition	Next update
Vietnam · all sectors	Top 14	#1	Edition 0 – beta · September 2026	15 Oct 2026
Mobile wallets · worldwide	Top 11	#8	Edition 0 (beta) · Sep 2026	25 Mar 2027

Rank historySep 2026 · #1 VietnamSep 2026 · #8 Mobile walletsFirst edition: no movements yet.

Estimated valuation

AI · Vietnam ranking

≈ USD 3.1bnUSD 2.1–4.6bn · Unicorn Medium confidence

Hundreds of k$

Millions $

Tens of M$

Hundreds of M$

Unicorn

Decacorn

Anchor: Last known equity round: Series E · USD 200M · Dec 2021
Published valuation: USD 2bn · Dec 2021 · older than 24 months, shown for reference
AI adjustment: × 3: 2026 secondary sale of up to 50% discussed at up to USD 3bn valuation (The Investor, Jun 2026); reported profitable since 2024

In the Mobile wallets ranking (worldwide): ≈ USD 2.3bn · USD 1.5–3.5bn · Unicorn · Medium confidence.

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Funding history

USD ~434M raised in total

Date	Round	Amount	Type	Investors	Source
Dec 2021	Series E	USD 200M	Equity	Mizuho, Ward Ferry, Goodwater, Kora, Mizuho Bank, Goodwater Capital	e.vnexpress.net · vir.com.vn

Rounds as cited by Uback’s rankings and their sources. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

By industry professionals & analysts

Industry professionals and financial analysts can publish their own analysis of MoMo as a PDF, on one of three angles only:

ValuationWhat is MoMo worth?

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Analyses are the opinion of their authors, not of Uback. They are checked before publication and never change the rank.

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What the AI reads

Press & investor announcements3 sources

Read by the AI at the next edition.

Comparable companies in Vietnam

Full Vietnam ranking →

VNLife / VNPay#2Fintech › QR payments, super-appUnicorn Trusting Social#3Fintech › AI credit scoring, eKYCHundreds of M$Finhay#9Fintech › retail investing appHundreds of M$Buymed (thuocsi.vn)#4Healthtech › B2B pharma marketplace and distributionHundreds of M$

Investors in MoMo: Mizuho · Ward Ferry · Goodwater Capital · Kora

Sources. e.vnexpress.net · vir.com.vn · digitalinasia.com

Last updated: Sep 2026Report an error

Uback is a content publisher. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.