Former Gcash e-wallet CEO becomes chairman of MoMo

Xuan Thinh Friday | 12/04/2020 10:59

Anthony Thomas, new chairman of MoMo. Photo: MoMo

Former CEO of Philippines largest e-wallet GCash has become MoMo’s new chairman, the e-payment firm said, while revealing its "dream team" behind the success of Vietnam’s most-used e-wallet.

Under the leadership of Anthony Thomas, former Director, Retail Banking Sales & Distribution of Citibank, MoMo E-Wallet is ready for the roadmap to become a Vietnamese intellectual Super App, for Vietnamese people and ranked number 1 in Vietnam, the firm said in a statement.

Anthony is an Indian expert in Fintech with in-depth knowledge of the banking and finance industry with over 22 years of experience in finance - banking and payment sectors.

He has 17 years of experience and held many important leadership positions at Citibank's Global Consumer Group in countries including India, the Americas, South Korea and the Philippines.

In 2015, he joined GCash's leadership team to help this e-wallet achieve its strong development in the Philippines.

Photo courtesy of MoMo

M_Service, operator of MoMo was founded in October 2007. Since October 2010, the brand MoMo E-Wallet was introduced in Vietnam market. MoMo is a pioneer in mobile payments with a mission to utilize technology to provide equal opportunities for all Vietnamese people to access financial services and products.

MoMo has built an ecosystem that meets most of the essential needs of more than 20 million customers with over 30,000 business partners in areas such as consumer finance, insurance, money transfer, payment, entertainment, e-commerce, shopping, transportation and catering services, charity donation, etc.

The firm is receiving support from the world's leading financial investors like Goldman Sachs, Standard Chartered Private Equity and Warburg Pincus.