Ascend Money
Founded Year
2013Stage
Series D | AliveTotal Raised
$345MLast Raised
$195M | 1 yr agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-23 points in the past 30 days
About Ascend Money
Ascend Group focuses on providing digital services and infrastructure in Southeast Asia. The company offers services including financial technology, e-commerce, data centers, cloud services, and blockchain technology. Ascend Group serves sectors such as financial technology (fintech), e-commerce, digital marketing, and cloud computing. It was founded in 2013 and is based in Bangkok, Thailand.
Loading...
Loading...
Expert Collections containing Ascend Money
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Ascend Money is included in 5 Expert Collections, including E-Commerce.
E-Commerce
11,424 items
Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).
Supply Chain & Logistics Tech
5,418 items
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Unicorns- Billion Dollar Startups
1,309 items
Fintech
14,203 items
Excludes US-based companies
Payments
199 items
Latest Ascend Money News
Aug 13, 2025
Singapore and Indonesia in producing unicorn startups—privately held companies valued at over $1 billion. As of July 2025, Thailand has 5 such unicorns, including LINE MAN Wongnai, Opn, Flash Express, Ascend Money, and Bitkub, a significant increase from none in 2019. However, this number is still low compared to Singapore's 32 unicorns, highlighting the challenges Thai startups face. Insight Today. Advantage Tomorrow Boris Sullivan is a business news editor based in Hong Kong. He has over 15 years of experience in covering the latest trends and developments in the Asian markets, as well as the global economy.
Ascend Money Frequently Asked Questions (FAQ)
When was Ascend Money founded?
Ascend Money was founded in 2013.
Where is Ascend Money's headquarters?
Ascend Money's headquarters is located at Sukhumvit Road, Phra Khanong, Bang Chak, Bangkok.
What is Ascend Money's latest funding round?
Ascend Money's latest funding round is Series D.
How much did Ascend Money raise?
Ascend Money raised a total of $345M.
Who are the investors of Ascend Money?
Investors of Ascend Money include Ant Group, Charoen Pokphand Group, Bow Wave Capital, MUFG Bank and Krungsri Finnovate.
Who are Ascend Money's competitors?
Competitors of Ascend Money include Lazada and 6 more.
Loading...
Compare Ascend Money to Competitors
SCI Ecommerce provides full end-to-end e-commerce enablement solutions for brands in Southeast Asia and China. The company's solutions include online store management, digital marketing, content design & enhancement, customer service, warehousing & fulfillment, and more. It was founded in 2011 and is based in Singapore.
Pop Meals is a food delivery service operating within the food and beverage industry. The company provides a platform for ordering meals, including options for delivery, pickup, and dine-in, using cloud kitchens to manage operations and costs. Pop Meals serves a customer base looking for meal options. Pop Meals was formerly known as DahMakan. It was founded in 2014 and is based in Kuala Lumpur, Malaysia.
TripZilla offers a travel portal that provides tour packages, travel deals, and booking options for flights, hotels, and attractions. It serves individuals and groups looking for travel experiences and accommodations. It was founded in 2010 and is based in Singapore.
EasyPay Transfers is a fintech company that provides cross-border payment solutions for businesses in the financial services sector. The company enables businesses to remit money with processing times and rates that are aligned with industry standards. EasyPay Transfers serves the financial technology needs of businesses engaging in international transactions. It was founded in 2017 and is based in Petaling Jaya, Malaysia.
Boost is a financial technology company that offers a spectrum of digital financial services across various sectors. The company provides an application for personal finance management, business financing, and enterprise payment solutions. Boost primarily serves the e-commerce industry and small and medium businesses and aims to expand its footprint in the digital banking sector. It was founded in 2017 and is based in Kuala Lumpur, Malaysia.
Akulaku serves as a digital finance platform in the banking and financial services industry. The company offers a range of services, including digital banking, virtual credit card issuance, and online wealth management, for underserved customers in emerging markets. Akulaku primarily serves the e-commerce industry, providing payment solutions and financial services to facilitate online shopping experiences. It was founded in 2014 and is based in Jakarta, Indonesia.
Loading...