Ascend Money has reached a $1.5 billion valuation after finalizing a $150 million round, making it the very first Fintech Unicorn in Thailand. The proceeds will be channeled towards growing the firm’s client base (which includes its digital wallet app, TrueMoney Wallet) and to further… Read More
TrueMoney, a Southeast Asian Fintech firm, has teamed up with Singapore-based Thunes, a cross-border payment company, in order to expand its remittance services. Through the partnership, TrueMoney customers will be able to accept remittance payments from anywhere in the world via Thunes’ international partner network,… Read More
Alibaba’s financial affiliate Ant Financial has reportedly invested in and has formed a strategic partnership with Thailand-based fintech company, Ascend Money. This news comes just a few months after the company previously planned to acquire 20% in Ascend Money. According to CNBC, the companies revealed that… Read More
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