Mizuho secures a 15 per cent stake in Kisetsu Saison

Mizuho secures a 15 per cent stake in Kisetsu Saison

Mizuho secures a 15 per cent stake in Kisetsu Saison, expanding its digital finance footprint.
Gojek features GoFood on-demand delivery offering on MoMo

Gojek features GoFood on-demand delivery offering on MoMo

On July 31, Gojek announced that its on-demand food delivery feature, GoFood, is now available on the MoMo platform.
Responding to the changes in the startup environment

Responding to the changes in the startup environment

Startups today face the daunting obstacles of scaling their businesses and proving their revenue models, requiring them to exhibit adaptability and articulate their value proposition in an ever-evolving investment landscape.
Optimism rises for fintech development opportunities

Optimism rises for fintech development opportunities

Vietnam is presenting promising opportunities for cashless payments and boasts a thriving fintech ecosystem, yet the absence of a regulatory sandbox is hindering the full potential of innovative ventures.
MoMo dominates Vietnam's e-wallet market with 68 per cent share

MoMo dominates Vietnam's e-wallet market with 68 per cent share

The cashless payment landscape in Vietnam is experiencing a surge of activity, with MoMo emerging as the dominant player in the e-wallet sector.
F&B mainstays taking digital direction

F&B mainstays taking digital direction

Vietnam’s food and beverage sector is increasing cooperation with cashless payment solution providers to offer better customer service and accelerate such payments across the country.
Gojek shakes hands with MoMo

Gojek shakes hands with MoMo

Gojek and MoMo have announced a strategic partnership, integrating the latter’s wallet on the Gojek app in Vietnam.
SBV combats illegal gambling and betting activities through e-wallets

SBV combats illegal gambling and betting activities through e-wallets

The State Bank of Vietnam is intensifying investigations to fight against illegal gamblings via e-wallets, following recent media reports covering allegations related to MoMo's e-wallet.
More unicorns emerge as mega deals pave way for startups

More unicorns emerge as mega deals pave way for startups

Total funding into Vietnamese startups over the past year is likely to have reached a new high with more startups crossing over into a unicorn status.
Netstars Vietnam partners with M-service to promote non-cash payment for TeteShop users

Netstars Vietnam partners with M-service to promote non-cash payment for TeteShop users

Netstars Vietnam Co., Ltd. signed a collaboration agreement with Mobile Online Services JSC (M service) in early December 2021.
M-Service becomes Vietnam's latest unicorn with valuation of more than $2 billion

M-Service becomes Vietnam's latest unicorn with valuation of more than $2 billion

M-Service JSC, the parent firm of MoMo, has just become the country's latest unicorn with a valuation of more than $2 billion in its Series E round.
MoMo bags $200 million in Series E fundraising round

MoMo bags $200 million in Series E fundraising round

MoMo raised about $200 million in equity financing from leading global investors including in its Series E fundraising round.
Mizuho Bank to invest $170 million and acquire 7.5 per cent stake in M-Service

Mizuho Bank to invest $170 million and acquire 7.5 per cent stake in M-Service

Japanese megabank Mizuho Bank is reported to invest around $170 million to acquire a 7.5 per cent stake in M-Service, the company behind e-wallet MoMo.
Consumer finance in major tie-up tendency

Consumer finance in major tie-up tendency

The pandemic-triggered turbulence continues to gnaw at the consumer finance industry in Vietnam, but some players are exploring potential new approaches to the challenges, particularly from some international investors.
Incredible potential in reach for fintech

Incredible potential in reach for fintech

Fuelled by generous amounts of venture capital, Vietnam’s fintech landscape is flying high on Singaporean investors’ agenda, promising to offer more innovative customer value propositions than traditional banks.
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