Ascend Money (TrueMoney)Unicorn
Bangkok, Bangkok, Thailand · 2013
fintech · payments · e-wallet
CP Group fintech founded in 2013 that operates the TrueMoney e-wallet, serving 50m+ users across six Southeast Asian markets. Became Thailand's first fintech unicorn at a US$1.5bn valuation after a US$150m round (Bow Wave, CP Group, Ant Group) in 2021.
Founders: Suphachai Chearavanont