Home/Companies/Ascend Money vs Mynt (Globe Fintech Innovations, GCash)

Company pair · Fintech

Ascend Money vs Mynt (Globe Fintech Innovations, GCash): Valuation, Funding, Trajectory

Fintech Ascend Money private Mynt (Globe Fintech Innovations, GCash) filed Thailand · Philippines No Canborsa market

Ascend Money and Mynt (Globe Fintech Innovations, GCash) are often weighed against each other in fintech.

On this pageSide by side Valuation marks What each discloses Verdict FAQ

Ascend MoneyPRIVATE · Thailand

Mynt (Globe Fintech Innovations, GCash)FILED · Philippines

Last valuation$1.5B$5B

Basis Post-money Post-money

As ofSep 2021Aug 2024

Employees≈2,500≈500

On CanborsaNo marketNo market

At a glance

$1.5B

Ascend MoneyPost-money, Series C · Sep 2021

$5B

Mynt (Globe Fintech Innovations, GCash)Post-money, unnamed (Aug 2024) · Aug 2024

3.33×

GapBoth post-money, 35 months apart

0 of 2

On CanborsaNeither company has a market

Head-to-head · field by field

Ascend Money vs Mynt (Globe Fintech Innovations, GCash) — side by side

Field

Ascend MoneyPRIVATE · FOUNDED 2013

Mynt (Globe Fintech Innovations, GCash)FILED · FOUNDED —

Last valuation

$1.5B Post-money

$5B Post-money

Valuation date

26 Sep 2021

2 Aug 2024

Valuation basis

Post-money

Latest round

Series C

unnamed (Aug 2024)

Round size

$150M

$393M

Round lead

Charoen Pokphand Group

Ayala Corporation, Mitsubishi UFJ Financial Group

Named investors

Bow Wave Capital Management Charoen Pokphand Group Ant Group

Ant Group Ayala Corporation Globe Telecom Mitsubishi UFJ Financial Group

Employees (est.)

≈2,500

≈500

Sector & HQ

Fintech / e-payments and digital financial services · Thailand

Mobile payments / fintech · Philippines

Status & market

Private — no Canborsa market

Filed — no Canborsa market

Valuation · both companies on one scale

Valuation marks

Each bar is the last disclosed mark — $1.5B for Ascend Money (post-money, Sep 2021) and $5B for Mynt (Globe Fintech Innovations, GCash) (post-money, Aug 2024).

Ascend Money

$1.5BPost-money · Sep 2021

Mynt (Globe Fintech Innovations, GCash)

$5BPost-money · Aug 2024

ASCEND MONEY · $1.5B · SEP 2021MYNT (GLOBE FINTECH INNOVATIONS, GCASH) · $5B · AUG 2024

Ascend Money vs Mynt (Globe Fintech Innovations, GCash) · what each company discloses

What each company discloses, and what it leaves out

Ascend MoneyPRIVATEFintech · Thailand · 2013

+Last disclosed mark $1.5B — post-money, Sep 2021.

+Founded 2013 .

+≈2,500 employees.

+Latest round: Series C, $150M raised, led by Charoen Pokphand Group.

Mynt (Globe Fintech Innovations, GCash)FILEDFintech · Philippines · —

+Last disclosed mark $5B — post-money, Aug 2024.

+≈500 employees.

+Latest round: unnamed (Aug 2024), $393M raised, led by Ayala Corporation.

Verdict

Verdict

The $1.5B tells you…

What an investor paid for newly issued shares — a primary round, priced post-money.

How much capital arrived with it:$150M, led by Charoen Pokphand Group in Sep 2021.

A dated print: it moves only when a newer round is announced.

The $5B tells you…

What an investor paid for newly issued shares — a primary round, priced post-money.

How much capital arrived with it:$393M, led by Ayala Corporation in Aug 2024.

A dated print: it moves only when a newer round is announced.

Both marks are post-money, so 3.33× compares like with like. Both are private: there is no public quote and no Canborsa market on either name.

Frequently asked questions

What sector is Ascend Money in compared to Mynt (Globe Fintech Innovations, GCash)?›

Ascend Money operates in fintech / e-payments and digital financial services, and Mynt (Globe Fintech Innovations, GCash) operates in Mobile payments / fintech.

Which is worth more, Ascend Money or Mynt (Globe Fintech Innovations, GCash)?›

Ascend Money is valued at $1.5B, and Mynt (Globe Fintech Innovations, GCash) at $5B.

How much capital have Ascend Money and Mynt (Globe Fintech Innovations, GCash) raised in total?›

Ascend Money has raised $345M across 2 rounds, and Mynt (Globe Fintech Innovations, GCash) has raised $868M across 3 rounds.

What's the latest round for Ascend Money compared to Mynt (Globe Fintech Innovations, GCash)?›

Ascend Money raised $150M through its Series C round in September 2021, while Mynt (Globe Fintech Innovations, GCash) raised $393M through its unnamed (Aug 2024) round in August 2024.

Which investors backed Ascend Money and Mynt (Globe Fintech Innovations, GCash)?›

Ascend Money's lead investors include Charoen Pokphand Group, and Mynt (Globe Fintech Innovations, GCash)'s include Ayala Corporation and Mitsubishi UFJ Financial Group.