Warburg Pincus leads around $100m funding in Vietnamese e-wallet MoMo

A vendor accepts payment through MoMo app.

Vietnamese e-wallet MoMo has raised a Series C funding round led by global private equity firm Warburg Pincus.

While financial terms remain undisclosed, a source familiar with the matter said, the investment was in the region of $100 million, making this one of the largest single rounds ever raised by a Vietnamese startup.

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