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ASCEND MONEY
Ascend Money
Fintech / e-payments and digital financial services · Bangkok · Thailand · Founded · 2013 · ≈ · 2,500 · employees

Ascend Money Funding — Last Valued at $1.5B

Private

Ascend Money has raised $345M across 1 funding round, plus 1 undated round. The latest round valued Ascend Money at $1.5B post-money, with Charoen Pokphand Group on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Ascend Money funding · at a glance
Total raised, all rounds
$345M
sum of disclosed sizes
Funding rounds
1
plus 1 undated round
Latest round
$1.5B
post-money · Sep 2021
Lead on that event
Charoen Pokphand Group
Bow Wave Capital Management, Ant Group
2021
About Ascend Money

Ascend Money's backers include Bow Wave Capital Management and its parent Charoen Pokphand Group, tying the fintech unit to one of Thailand's largest conglomerates and its former parent, True Corporation.

Funding timeline

The Ascend Money funding timeline

1 funding round, the latest highlighted.

2013
Ascend Money founded

Ascend Money was founded in 2013, Thailand.

UNDATED
Later Stage VC

No date is disclosed for this round.

SEP 2021LATEST
Series C at $1.5B post-money

Bow Wave Capital Management, Ant Group. $150M raised, led by Charoen Pokphand Group.

Valuation basispost-moneyAmount$150MPrice / shareLeadCharoen Pokphand Group
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Ascend Money funding rounds in full

1 dated round, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Series C LATEST
Sep 2021
$150M
$1.5Bpost-money
—
Charoen Pokphand Group
Bow Wave Capital Management, Ant Group
Later Stage VC
—
$195M
—
—
Mitsubishi UFJ Financial Group (MUFG) Bank
Finnoventure Private Equity Trust I
Ascend Money · investors

Investors

MMitsubishi UFJ Financial Group (MUFG) BankLEADCCharoen Pokphand GroupLEADBBow Wave Capital ManagementAAnt Group

Frequently asked questions

How can I get exposure to Ascend Money?›

The routes section explains what is realistically available for a company at this stage.

Is Ascend Money publicly traded?›

No. Ascend Money is a private company; its shares do not trade on a public exchange.

What is Ascend Money's valuation?›

The last valuation is $1.5B.

Who has invested in Ascend Money?›

Lead investors for each round are in the funding timeline.

Who are Ascend Money's competitors?›

The closest fintech / e-payments and digital financial services peers are on the competitors page.

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