Thailand's first fintech unicorn, Ascend Money, has secured $345.0M in a Series D funding round, bolstering its mission to provide innovative payment and financial services across Southeast Asia. The capital infusion comes as the company, established in 2013, continues to expand its footprint across seven countries, including Thailand, Cambodia, and Vietnam.
Ascend Money, operating under the Ascend Group, is known for its flagship TrueMoney application. This popular digital financial service utilizes an extensive agent network and both offline and online payment capabilities to serve millions of users, aiming to enhance financial access and convenience throughout the region.
