Ascend Group
PrivateLast Round
Series D
Jun 27, 2024
Est. Valuation
$1.5B
Total Funding Raised
$345M
Company Overview
Ascend Group operates in FinTech and is based in Bangkok. Its latest recorded funding round was a Series D round in June 2024.
Ascend Group is a Southeast Asian digital technology conglomerate that provides fintech, e-commerce, data center, and cloud services through its various subsidiaries.
Sector
FinTech
Verticals
Digital Payments, Digital Wallets, Lending & Credit, Digital Banking
Business Model
B2C
Customer Profile
Payment Processing Fee, Revenue Share, Usage-Based SaaS
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Ascend Group Comparables
Compare Ascend Group with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| MoMo | 84% | |
| Maya | 83% | |
| Mynt | 82% |
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Ascend Group Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series D | Jun 27, 2024 | ||||
| Series C | Sep 27, 2021 | ||||
| Strategic | Nov 1, 2016 |
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Ascend Group Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Krungsri Finnovate | Series D |
| Mitsubishi UFJ Financial Group | Series D |
| MUFG Bank | Series D |
| Bow Wave Capital Management | Series C |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jun 27, 2024
$195M round led by Mitsubishi UFJ Financial Group and MUFG Bank.
- Sep 27, 2021
$150M round led by Charoen Pokphand Group.
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Recent news
Latest coverage and updates
- integrates_withSep 15, 2026
In Thailand, Truemoney integrates with Fireblocks Inc. infrastructure to embed a THBT wallet directly in its app, enabling users to access blockchain-based payment functions as part of a regulatory sandbox pilot.
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Ascend Group Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Ascend Group's valuation, stock price, and market status.
Is Ascend Group a public or private company?
Ascend Group is a private company.
What is the current stock price of Ascend Group?
Ascend Group is a private company, so its shares have no public market price. Caplight tracks Ascend Group's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Ascend Group worth (valuation)?
Ascend Group's valuation is estimated at $1.5B based on funding round data.
Can I buy Ascend Group stock?
Ascend Group shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Ascend Group's last funding round?
Ascend Group's most recent funding round was Series D on June 27, 2024.
Who are the main investors in Ascend Group?
Key investors in Ascend Group include Mitsubishi UFJ Financial Group, MUFG Bank.
Will Ascend Group IPO soon?
No public IPO plans have been announced for Ascend Group.
How can I track Ascend Group secondary market activity?
Caplight tracks bids, offers, and trades in Ascend Group's shares on secondary markets.