Southeast Asia is developing fast. But many are being left out. Out of 620 million people, 50% are unbanked and 80% are financially underserved. Ascend Money is here to change that.
100% Southeast Asian, we better the lives of people and companies, and contribute to the economic growth of communities,
with innovative state-of-the-art financial services.
Our mission inspires us every day. We’re bringing greater convenience, security and prosperity to all.
We’ve changed the lives of millions and will do so far into the future.
is the amount we've processed so far
10% OF GDP
is how much we've processed in Cambodia
customers already served in 6 countries
e-wallet users making it the #1 e-wallet in Thailand
giving us the largest financial services agent network in SEA
Using cloud data to provide factoring services to SMEs to help them maximize opportunities.
BEM and TrueMoney sign a cooperation agreement to develop a metro payment service
Bangkok Expressway and Metro Public Company Limited and TrueMoney will develop an electronic payment service for the MRT. It will begin with purchasing and topping up MRT tickets at counters with an e-wallet, followed by online and mobile payment services, extended to shops in Metro Malls.
20 February 2018
E-Payment Success in a Largely
Cash-Reliant Market: How TrueMoney Quickly Scaled to 60% of Southeast Asia
Mr. Punnamas Vichitkulwongsa, CEO of Ascend Money, spoke at the Techsauce Global Summit 2017 about TrueMoney's success as an e-payment brand in SEA thru physical payment stations such as 7-Eleven Counter Service in Thailand and agent networks mirroring the TrueMoney Wallet app.
29 July 2017
Frost & Sullivan recognizes TrueMoney, an Ascend Money brand, for its remarkable achievements
TrueMoney is expanding to countries that have tremendous potential for telecom mobile payments solutions including Indonesia, Philippines, Vietnam, Myanmar and Cambodia thanks to a superior user experience as well as strong financial backing and global expansion experience from Ant Financial.
21 July 2017
Ant Financial makes its move in SEA with Ascend Group
Mr. Punnamas Vichitkulwongsa, CEO of Ascend Money and Mr. Suphachai Chearavanont, Chairman of Ascend Group, discussed with CNBC on their company's partnership with Ant Financial, an affiliate of Alibaba Group, to tap into ASEAN.
31 Oct 2016