# JSC Mobile Services Online

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jsc-mobile-services-online

- Industry: Financial Services
- Headquarters: Ho Chi Minh City, Vietnam
- Website: www.momo.vn
- Total disclosed funding: $300M
- Latest round: Series E (Dec 10, 2021)
- Investors on record: 8

## About

Founded in 2007 and based in Vietnam, M_Service operates as Momo, is a financial services company that develops an online mobile payment application designed for payment services, and an e-wallet. In January 2021, MoMo Wallet and Noi Than Thuong Social Company call for donations. The company received 2 billion donated from many sources. In December 2021, JSC Mobile Services Online raised USD 200 million in Series E funding led by Mizuho Bank, with participation from Kora Management, Ward Ferry Management, Affirma Capital, Goodwater Capital, Macquarie Capital, Tybourne Capital Management, and Warburg Pincus also participated in the round. The firm offers e-wallet application services on mobile phones that are available on IOS and Android systems to transfer money or buy commodities, pay more than 100 types of bills, settle personal loans, and purchase services digitally. Momo calls for monthly donations to support the livelihood program and family reunification.

## Funding rounds

- Series E, Dec 10, 2021, $200M — Warburg Pincus, Affirma Capital, Macquarie Capital, WFM Asia, Mizuho Bank, Kora Management, Goodwater Capital, Tybourne Capital Management
- Series D, Jan 13, 2021, $100M — Warburg Pincus, Affirma Capital, Macquarie Capital, Kora Management, Goodwater Capital, Tybourne Capital Management
- Series C, Jan 18, 2019 — Warburg Pincus

## Investors

- Warburg Pincus (https://capitalatlas.ai/funds/warburg-pincus) — Series C, Series D, Series E
- Affirma Capital (https://capitalatlas.ai/funds/affirma-capital) — Series D, Series E
- Macquarie Capital — Series D, Series E
- Kora Management — Series D, Series E
- Goodwater Capital (https://capitalatlas.ai/funds/goodwater-capital) — Series D, Series E
- Tybourne Capital Management (https://capitalatlas.ai/funds/tybourne-capital-management) — Series D, Series E
- WFM Asia — Series E
- Mizuho Bank — Series E