Vietnam’s MoMo weighs options including new investors at valuation above $2 billion
By
Binu Mathew
Vietnamese fintech firm MoMo is exploring strategic options, including bringing in new investors, that could value the company at more than $2 billion, according to two sources with knowledge of the matter.
The digital payments company, which has been profitable since 2024, has engaged Jefferies and Morgan Stanley to run the process after receiving interest from strategic and financial investors, the sources said.
