Ascend Money, a digital payment and financial service unicorn of Charoen Pokphand Group's online business arm Ascend Group, has set its sights on becoming a top three player in the segment within ASEAN and is looking to expand its foothold in South Asia.
Ascend Money, which is known for its flagship service TrueMoney Wallet, raised US$150 million in the latest funding round in September, making its valuation reach $1.5 billion and becoming the first fintech unicorn in Thailand and the second unicorn in the country.
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