TrueMoney Philippines

Financial ServicesMetro Manila, Philippines51-200 Employees

TrueMoney Philippines operates under Ascend Money, the digital financial services venture of the Charoen Pokphand Group and Alipay/Ant Financial. It forms part of a Southeast Asian fintech network that expanded from one market to six in two years, with significant operations in Thailand, Cambodia, Myanmar, Indonesia, Vietnam, and the Philippines. Based in Ortigas Center, Metro Manila, the company is considered a mid-sized presence within the Philippine financial services landscape.

The business targets customers seeking digital financial services through a broad regional platform, offering a range of payments and related financial services across markets. It is positioned within Southeast Asia's evolving fintech sector, leveraging cross-market reach to serve diverse consumer and business needs. A concrete recent development is the February 2025 partnership with SB Finance Company, Inc.

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