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Patience needed for startup success 14:12 | 20/01/2021 Patience needed for startup success Local e-wallet startup MoMo last week completed its Series D fundraising round worth $100 million, including global leading investors Goodwater Capital, Kora Management, and Macquarie Capital. However, not every business has been so fortunate. “Since the pandemic broke out, it has been harder to mobilise capital,” said Tran Nguyen Le Van, CEO of Vexere – a local startup offering online bus tickets. Because of the health crisis, fewer people have been travel...

Nguyen manh tuong: . ⭐ Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.

Vietnam’s digital wallet provider MoMo reveals that it has secured $100 million in capital via its Series D funding round, which was co-led by Goodwater, a Silicon Valley-based fund, and Warburg Pincus. New investors also made contributions to MoMo’s investment round, including Kora Management and Macquarie Capital, and other existing investors such as Affirma Capital and Tybourne Capital Management took part in the round as well. The funds raised will be used to create a new super app service, improve MoMo’s ecosystem for merchants and Vietnamese consumers, and establish MoMo Innovat...

Momo: . ⭐ Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.

2 Min Read HANOI, Jan 13 (Reuters) - Vietnam’s biggest e-wallet company, MoMo has raised at least $100 million from six global investors, including Warburg Pincus, as part of plans to become a “super-app” and go public by 2025, the company and a source said on Wednesday. Financial technology, an attractive investment area in the country of nearly 98 million people, has gained more traction during the COVID-19 pandemic, with retail moving online and consumers looking for more contactless payment options. “The amount was not disclosed due to our strict agreement with investors but this ...