Nguyen Manh Tuong, MoMo’s executive vice chairman and CEO, received the Innovation Leadership Achievement award from Asian Banker for his success in building the MoMo platform and creating a unique and innovative corporate culture and contributions to Viet Nam’s fintech industry at a ceremony in Bangkok on June 13.

The awards are conferred by the financial services platform once every three years on individuals who introduce and implement authentic innovation in their organisations.

This year Tuong was the only Vietnamese winner and was honoured alongside other leading fintech leaders such as the founder of Paytm in India and the group CEO of NETS in Singapore.

Commenting on this recognition, Tuong said: “The award is not only a great honour for myself but also a substantial source of encouragement for all employees at MoMo to continue our innovation journey. Innovation is one of MoMo's five core values. I have always believed that innovation is not simply about inventing new services or new technologies but about leveraging the collective potential to solve urgent challenges, making ground-breaking changes and leaving a lasting legacy.”

A graduate of the Hanoi University of Technology, he also holds a master's degree in computer science from the University of Buffalo, US, and an MBA from the Booth School of Business at the University of Chicago also in the US.

He co-founded MoMo in 2010 to strengthen financial inclusion by providing accessible and cost-effective payment solutions for all.

MoMo is one of the fastest growing and largest fintech apps in the world. — VNS