Founded in 2007, MoMo is the pioneer of mobile digital payments in Vietnam with a mission to provide customers equal access to financial services and products. With a mobile, electronic wallet and payment application for both iOS and Android devices, MoMo enables Vietnamese people to make nationwide cash transfers, pay more than 100 types of bills, recharge mobile phone accounts, settle personal loans, and purchase services such as software license and online game cards, airline and movie tickets, etc. MoMo has served nearly 10 million customers in Vietnam, including underserved customers in rural areas. The company’s payment system partners with more than 20 domestic banks and foreign payment networks, including JCB, MasterCard, and Visa.
Warburg Pincus is a leading global private equity firm focused on thesis-driven growth investing at scale. With more than $65 billion in assets under management, our active portfolio of more than 185 companies is highly diversified by stage, sector and geography. As an experienced partner to outstanding management teams, we help build durable companies with sustainable value. We have raised 19 private equity funds, which have invested more than $77 billion in over 870 companies in more than 40 countries.