Company profile Β· Vietnam Β· Digital wallet

MoMo

Premium$2–3B (in process)Above its ~$2B 2021 mark, if priced at the top of reported range

Vietnam skyline β€” MoMo's home market

About

MoMo is Vietnam's leading e-wallet and digital payments app, used by tens of millions of Vietnamese consumers.

Premium or discount?

A reported stake sale of up to 50% is being discussed at $2–3B, above its roughly $2B 2021 mark if priced at the top of the range β€” a premium signal from bidders including Blackstone, CVC, and MUFG, among the largest secondary processes tracked in Southeast Asia.

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Secondary deal history

DateValuationvs. last roundTypeBuyersSource
Jul 2026$2–3B (in process)PremiumAbove its ~$2B 2021 mark, if priced at the top of reported rangeStake sale (up to 50%, in process)Blackstone, CVC Capital Partners, MUFG (bidders)Reuters / DealStreetAsia β†—

What to look for in a deal like this

  • Foreign ownership headroom, which in Vietnamese financial services is capped and can constrain who may buy and how much.
  • The approval and registration steps required for a transfer, which set the real timetable rather than the commercial agreement.
  • Whether the company will actively cooperate β€” in this market a signed agreement without company support can sit unexecuted for months.

Frequently asked questions

Can I buy secondary shares in MoMo?
Retail investors generally cannot buy shares directly. Access typically runs through accredited-investor marketplaces, employee tender programs, or funds that have already built a position β€” and is subject to the company’s transfer restrictions and rights of first refusal.
Why did MoMo's valuation trade at a premium to its last round?
A reported stake sale of up to 50% is being discussed at $2–3B, above its roughly $2B 2021 mark if priced at the top of the range β€” a premium signal from bidders including Blackstone, CVC, and MUFG, among the largest secondary processes tracked in Southeast Asia.
Can foreign investors buy into Vietnamese fintech?
Frequently yes, subject to sector-specific foreign ownership limits and the applicable investment registration process. The constraint is sectoral and procedural rather than a general prohibition.
What most often delays a Vietnamese secondary?
Documentation and approvals. Building the transaction timetable around the approval path from the outset is the practical difference between a deal that closes and one that stalls.
Is the valuation on this page an official company valuation?
No. Secondary marks reflect the price a buyer and seller agreed on (or are discussing) in a specific transaction, not a valuation the company itself set. They are a useful demand signal, not an audited or company-endorsed figure.