Funding Round · Wealthtech · 2021

Ascend Money Series C funding round

Ascend Money raised $150M Series C led by Bow Wave Capital Management, CP, Ant Group on September 27, 2021.

Primary
Ascend Money
Counterparty
Bow Wave Capital Management, CP, Ant Group
Amount
$150M
Structure
Series C
Date
September 27, 2021
Sub-sector
Wealthtech

Funding enables expansion of digital payment and financial services platform TrueMoney into lending, savings, and investment across Asean.

Primary company
Ascend Money
Amount
$150M
Event date
September 27, 2021
Sub-sector
Wealthtech
HQ
Not disclosed
Structure
Series C
Source published
December 6, 2021
Publisher
Bangkok Post

Source: bangkokpost.com