Thailand’s Ascend Money lands $195m investment led by MUFG

Ascend Money, a Thai fintech company, secures a $150 million investment from MUFG Bank and others to expand their digital financial solutions. The company aims to support underserved consumers and SMEs in Thailand and boost economic growth through its TrueMoney platform. Already a unicorn, Ascindy Money plans to strengthen its presence in Southeast Asia and enhance financial inclusion. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: FinTech Futures