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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

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