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Experts and the management team of The Asian Banker have transparently and independently assessed every single product to choose the best apps.
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Being put in operation since June 2014, this app has so far attracted more than 2 million clients. MoMo app has also been chosen as their strategic partner by 10 big banks and international banking card providers, including Vietcombank, VPBank, OCB, Eximbank, Sacombank, TPBank, ACB; Visa card, Master card, JCB card.
In 2016, MoMo became a phenomenon in the Vietnamese Startup Community to get an investment up to US $28 million from Standard Chartered and Goldman Sachs.
This is also the first enterprise in Vietnam which has been allowed by the State Bank to operate a cash transfer service in collaboration with Vietcombank via the MoMo shop system across the country.
