Brand profile · Financial Services

Ascend Money

Phra Khanong district, Bangkok City-based Ascend Money operates in Financial Services. Privately held, at ascendmoneygroup.com. It holds one address on record, all in Thailand. It employs 299 people, on the record. Its latest round on record is Series D, US$195.0M. It is listed alongside ten similar brands, mostly in IT Services & Consulting.

Profile live Privately Held Founded 2013 1 office country US$ 195.0M Series D

Key facts

Counted staff
299
self-reported band not used
Founded
2013
13 years
Legal entities
None matched
Office countries
1
1 address
Funding rounds
2
Series D · Jul 2024 · US$ 195.0M
Company type
Privately Held
self-reported
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Description

Ascend Money is a leading Southeast Asian fintech company providing innovative payment and financial services across 7 countries (Thailand, Cambodia, Myanmar, Vietnam, Philippines, Indonesia and Malaysia). The company is under Ascend Group, a digital technology business conglomerate providing digital financial, e-commerce, data & cloud services.

Established in 2013, Ascend Money became Thailand’s first fintech unicorn in 2021. Its flagship service TrueMoney today has become the most popular digital financial application that enables ease of payments and convenient financial lifestyle.

TrueMoney’s extensive agent network as well as offline and online payment services also enable millions of users across the region to access innovative financial services, leading them to better lives.

Locations

Country footprint

Offices in 1 countryCountry footprint: 1 country, primary TH. Codes: TH.1 countryprimary THTH
Show as table · Offices in 1 country
Offices in 1 country
Countries1
Primary countryTH

All codes: TH

Addresses

  • TH101 Sukhumvit Road; True Digital Park, Pheonix Building, 7-8 floor; Phra Khanong district, Bangkok City 10260Primary

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Funding

Last round · 26 July 2024US$ 195.0MSeries D · investor: MUFG Bank
Rounds2
Round typeSeries D · venture round
Amount (USD)195,000,000
Stage rank5
Investors named1
Since last round1 yr 5 mo

Funding

2 funding roundsFunding timeline. Latest round 26 Jul 2024: Series D, US$ 195.0M.20132026Series DUS$ 195.0M2 rounds
Show as table · 2 funding rounds
2 funding rounds
Rounds2
Axis2013 to 2026
Series D · 26 Jul 2024US$ 195.0M

Dated rounds only. The axis ends at the date this profile was last observed, not at today.

Spending power

TheGrid Corporate Spending Power index would rate purchasing capacity from registry, scale and activity signals.

Spending power

Signals & hiring

Hiring, headcount and registry-change signals, streamed to members.

Latest signal
Hiring activity
Headcount trend

Financials

Registry-filed capital and financial indicators, standardised by TheGrid.

Paid-up capital
Fiscal period
Registered charges
Revenue
Profit / loss

People & contacts

4 employee profiles on record · names withheld.

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The people relation is never requested, so there is nothing here to unlock.

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FAQ

How many people work at Ascend Money?

299 counted staff profiles at January 2026. The brand's self-reported band sits above that count and is not published as a headcount.

Where does Ascend Money have offices?

1 address on record.

Has Ascend Money raised funding?

Two rounds. Latest 26 July 2024: Series D, US$195,000,000, investor MUFG Bank.

Which companies are listed alongside Ascend Money?

96 profiles list Ascend Money as a peer — 99th percentile in Financial Services. It lists ten peers of its own. Ascend Group and True Digital Group list it back.

What is Ascend Money's website?