Business

MoMo among Top 10 global financial service platforms

MoMo, Vietnam’s leading super app, has been named among the Top 10 Global Platforms by TABInsights, the research arm of The Asian Banker magazine.
MoMo among Top 10 global financial service platforms ảnh 1MoMo is the only Vietnamese representative in the list of Top 10 Global Platforms 2023. (Photo courtesy of MoMo)
HCM City (VNA) - MoMo, Vietnam’s leading super app, has been namedamong the Top 10 Global Platforms by TABInsights, the research arm of The AsianBanker magazine.

MoMo also won the award for “Best Platform for Financial Services in Vietnam”at the Excellence in Retail Financial Services Awards from The Asian Banker onMarch 16.

The only Vietnamese representative in the list of Top 10 Global Platforms 2023ranks seventh in the list that includes behemoths like Alipay, Apple Pay andPaypal.

TABInsights assessed the leading 20 global platforms and ranked them based on asix-dimensional balanced scorecard covering capabilities across six keydimensions: customer, coverage and service scope, usage and engagement,financial performance, strategy, and leadership.

“The best platform demonstrates exceptional efforts to bring together a widevariety of integrated and relevant services that customers require to managetheir financial and non-financial needs,” TABInsights said.

The magazine described MoMo as a platform with outstanding technology thatoffers a wide range of financial products and services through partnershipswith financial institutions, banks and retail partners.

MoMo partners with over 70 international and Vietnamese financial institutionsincluding banks and insurance companies. It is directly connected with 32banks, NAPAS (National Payment Service Vietnam) and most international credit cardissuers.

Nguyen Manh Tuong, CEO of MoMo, said: “The awards from The Asian Bankerrecognise MoMo's efforts in pursuing its mission of using technology to improvethe quality of users' lives and contribute to accelerating Vietnam's financialinclusion goal.”/.
VNA
#MoMo #Top 10 Global Platforms #TABInsights #The Asian Banker magazine #Vietnam #Vietnamplus #Vietnam News Agency
Follow VietnamPlus

Related News

QR payments help small vendors

QR payments help small vendors

Despite having no small cash in his pocket, Hoang Duong can still pay for his cup of tea to a vendor in Quan Thanh street, Hanoi, by scanning a QR code from his smartphone even though the cost is only 3,000 VND (0.13 USD).
MoMo, Western Union partner for money transfer in Vietnam

MoMo, Western Union partner for money transfer in Vietnam

Vietnamese digital payment firm Momo and American multinational financial services company Western Union on March 20 announced a strategic collaboration enabling customers to receive Western Union money transfers on the MoMo app.

See more

Vietjet offers millions of tickets worth 0 VND on all domestic and international flights. (Photo: Vietjet)

Vietjet offers big promotion to celebrate April 30-May 1 holiday

Accordingly, from 12:00 on April 1 to 23:59 on April 5, Vietjet opens sale of Eco tickets priced from only 0 VND for passengers booking flights at the website www.vietjetair.com and Vietjet Air mobile app, with convenient flight times from April 15, 2025, to March 28, 2026.

At the meeting between Minister of Construction Tran Hong Minh and Chinese Minister of Transport Liu Wei (Photo: Ministry of Construction)

Vietnam, China forge ahead with transport cooperation

From late 2023 to December 2024, the Vietnamese Ministry of Transport (now the Ministry of Construction - MoC), China’s National Development and Reform Commission (NDRC), and the China International Development Cooperation Agency (CIDCA) signed six documents to advance the construction of railways linking the two nations.

Delegates cut the ribbon to open the expo. (Photo: VNA)

Int’l expo spotlights sustainable shrimp farming

Co-organised by the Directorate of Fisheries, the Vietnam Fisheries Society (VINAFIS), and the Vietnam Fisheries Magazine, the three-day event features over 200 booths from nearly 150 domestic and international enterprises.

Secretary of Hung Yen province Party Committee Nguyen Huu Nghia (left) meets with Liu Jianchao, head of the International Liaison Department of the Communist Party of China Central Committee. (Photo: VNA)

Hung Yen province strengthens investment cooperation with Chinese localities

Hung Yen is eager to closely collaborate with Chinese localities to effectively implement the common perceptions reached by the two countries' high-ranking Party and State leaders, as well as the joint declarations issued by both sides, said Secretary of the provincial Party Committee Nguyen Huu Nghia.

Illustrative image (Photo: VNA)

PM directs creating fertile ground for SMEs

Released on March 25, the directive underscored the pivotal role of the private sector, particularly SMEs, which constitute 98% of all active businesses in the country.

At the MoU signing ceremony (Photo: moit.gov.vn)

Vietnam, UK sign MoU on consumer protection

At the signing ceremony, Deputy Minister Phan Thi Thang affirmed that the MoU not only represents a milestone in the cooperation between the two sides but also demonstrates the ministry’s commitment to protecting consumer interests in an increasingly interconnected global marketplace.

Delegates attend the ground-breaking ceremony of a super white flower glass factory on March 25. (Photo: VNA)

Work begins on two construction material plants in Hue

In his speech at the groundbreaking ceremony, Chairman of the People's Committee of Hue City Nguyen Van Phuong said these two key projects are expected to drive significant progress in the city's manufacturing industry, contributing to the goal of achieving double-digit economic growth in line with the Government's target.

The signing ceremony of the MoU between the Vinh Phuc Investment Promotion and Business Support Centre and its partners at the dialogue. (Photo: VNA)

Vinh Phuc holds dialogue to address business challenges

A leader of Vinh Phuc pledged to step up reforming administrative procedures, accelerate land clearance, and enhance digital services to guanrantee a favourable and transparent investment and business climate for enterprises to operate and grow.

Permanent Deputy Prime Minister Nguyen Hoa Binh (R) speaks at the roundtable on the building of financial centres in Vietnam in Germany. (Photo: VNA)

Deputy PM Nguyen Hoa Binh discusses financial centre development with ECB

With the country’s National Assembly expected to issue a resolution this year on the establishment of international financial centres, Binh said the Vietnamese Government hopes to obtain the ECB’s advice in shaping policies for financial regulation, investment attraction, risk management, and anti-money laundering efforts.

Hanoi greens traffic roads (Photo: VNA)

Vietnamese contractors aim for global stage with mega projects

Nguyen Thanh Nghi, then Minister of Construction, said over the past four decades, more than 120 large-scale projects of national significance have been completed. Many of them feature innovative structural designs, new construction techniques, and cutting-edge technologies, some introduced in Vietnam for the first time or holding regional importance.

The seminar attracts numerous investors and industry partners, including representatives from the International Semiconductor Industry Group, Qualcomm, and Marvell. (Photo: VNA)

Vietnam, Singapore seek cooperation chances in semiconductor industry

Cross-border collaboration will be key to unlocking the next growth opportunities as Vietnam is an emerging player in the industry, with a market size exceeding 18 billion USD in 2024 and projected to rise to over 31 billion USD by 2029, said a representative from the Singapore Semiconductor Industry Association.