Ascend Money
Enriching Lives in Southeast Asia.
Ascend Money was founded in 2013, is headquartered in Bangkok, Thailand, lists 1001–5000 employees, and has $345.0M in recorded funding across 2 rounds.
- Headquarters
- Bangkok
- Employees
- 1001–5000
- Founded
- 2013
- Business Model
- B2C
- Website
- ascendmoneygroup.com
- Total Funding
- $345.0M
- Last Round
- $195.0M Series EJun 2024
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 2 funding rounds and 2 investors for this company. The full record is or through the API.
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 lists 1001–5000 employees. It has raised $345.0M in total across 2 rounds, most recently a $195.0M Series E round in Jun 2024. Investors include Mitsubishi UFJ Financial and Ant Financial.
Tech & App Stack
2 technologies & apps tracked
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Funding History
Jun 2024
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Funding: Series D through Series E. Amounts, valuations, and investors where available.
Investors
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