Ascend Money

Enriching Lives in Southeast Asia.

Bangkok, Thailand · Founded 2013 · $150.0M raised

Headquarters
Bangkok
Employees
1001–5000
Founded
2013
Business Model
B2C
Total Funding
$150.0M
Last Round
$150.0M Series DAug 2021
Rounds
1

About

Ascend Money is a Thai fintech unicorn founded in 2013 as part of the Charoen Pokphand Group ecosystem. Operating under the TrueMoney brand, it provides e-wallets, digital payments, BNPL, lending, investment, and insurance services to 50 million users across Thailand, Myanmar, Cambodia, Indonesia, Vietnam, and the Philippines. It became Thailand's first fintech unicorn in 2021 at a $1.5B valuation and has raised $345M in total funding.

Summary

Ascend Money is a Fintech company based in Bangkok, Thailand, founded in 2013. It has raised $150.0M in total across 1 round, most recently a $150.0M Series D round in Aug 2021. Investors include Ant Financial.

Tech & App Stack

2 technologies & apps tracked

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Funding History

Series DSeries DAug 2021
$150.0M

Investors

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