Insights

Expanding Regional Reach Ascend Money's presence in seven Southeast Asian countries presents a significant opportunity for cross-border financial product offerings, digital payment solutions, and regional collaboration to enhance market penetration and customer engagement.

Strong Funding Backing With recent investments totaling $195 million from major financial institutions like MUFG and Krungsri Finnovate, Ascend Money is positioned for rapid growth and innovation, making it a prime target for strategic partnerships and enterprise solutions to accelerate financial inclusion.

Innovative Digital Platform The company's flagship TrueMoney service, backed by extensive agent networks and omnichannel payment offerings, opens opportunities to introduce complementary financial products such as loans, insurance, and investment services to a large, tech-savvy customer base.

Technology Stack Leverage Utilizing advanced technologies such as Elastic Stack, OpenSearch, and Kotlin positions Ascend Money as an innovative fintech leader, creating avenues for sales of cloud infrastructure, data analytics, and mobile app development services tailored for financial tech firms.

Market Leadership & Growth As the first fintech unicorn in Thailand with a valuation of over 1.5 billion dollars, Ascend Money's leadership position and growth trajectory make it an ideal partner for enterprise-scale financial technology solutions, co-branded initiatives, and new financial product innovations.

Ascend Money Tech Stack

Ascend Money uses 8 technology products and services including OpenSearch, Appsflyer, cdnjs, and more. Explore Ascend Money's tech stack below.

  • OpenSearch
    Analytics
  • Appsflyer
    Analytics
  • cdnjs
    Content Delivery Network
  • Elastic stack (ELK)
    Data Management
  • Atlassian Jira
    Issue Trackers
  • Cisco
    Network Hardware
  • Kotlin
    Programming Languages
  • HTTP/3
    Web & Portal Technology

Media & News

Ascend Money's Email Address Formats

Ascend Money uses at least 2 format(s):
Ascend Money Email FormatsExamplePercentage
First.Last@ascendcorp.comJohn.Doe@ascendcorp.com
99%
FirstMiddle.Last@ascendcorp.comJohnMichael.Doe@ascendcorp.com
1%

Frequently Asked Questions

Where is Ascend Money's headquarters located?

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Ascend Money's main headquarters is located at 101 Sukhumvit Road, 7-8 Floor. The company has employees across 1 continents, including Asia.

What is Ascend Money's official website and social media links?

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Ascend Money's official website is ascendmoneygroup.com and has social profiles on LinkedInCrunchbase.

What is Ascend Money's NAICS code?

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Ascend Money's NAICS code is 52 - Finance and Insurance.

How many employees does Ascend Money have currently?

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As of December 2025, Ascend Money has approximately 1K employees across 1 continents, including Asia. Key team members include Chief Technology Officer: S. K.Chief Business Development Officer: N. S.President: T. T.. Explore Ascend Money's employee directory with LeadIQ.

What industry does Ascend Money belong to?

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Ascend Money operates in the Financial Services industry.

What technology does Ascend Money use?

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Ascend Money's tech stack includes OpenSearchAppsflyercdnjsElastic stack (ELK)Atlassian JiraCiscoKotlinHTTP/3.

What is Ascend Money's email format?

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Ascend Money's email format typically follows the pattern of First.Last@ascendcorp.com. Find more Ascend Money email formats with LeadIQ.

How much funding has Ascend Money raised to date?

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As of December 2025, Ascend Money has raised $195M in funding. The last funding round occurred on Jun 26, 2024 for $195M.

When was Ascend Money founded?

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Ascend Money was founded in 2013.

Ascend Money

Financial ServicesBangkok, Thailand1001-5000 Employees

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.

Section iconCompany Overview

Headquarters
101 Sukhumvit Road, 7-8 Floor
NAICS Code
52 - Finance and Insurance
Founded
2013
Employees
1001-5000

Section iconFunding & Financials

  • $195M

    Ascend Money has raised a total of $195M of funding over 2 rounds. Their latest funding round was raised on Jun 26, 2024 in the amount of $195M.

  • $100M$250M

    Ascend Money's revenue is estimated to be in the range of $100M$250M

Section iconFunding & Financials

  • $195M

    Ascend Money has raised a total of $195M of funding over 2 rounds. Their latest funding round was raised on Jun 26, 2024 in the amount of $195M.

  • $100M$250M

    Ascend Money's revenue is estimated to be in the range of $100M$250M

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