Latka logo

Valuation

$1.5B

2023 Revenue

$174M

Funding

$150M

Team · 2025

1.4K

Founded

2015

Ascend Money Revenue, Valuation & Funding (2023)

Ascend Money is a leading Southeast Asian fintech company providing innovative payment and financial services across 7 countries (Thailand, Cambodia, Myanmar, Vietnam, Philippines, Indonesia, and Malaysia). Established in 2013, Ascend Money became Thailand's first fintech unicorn in 2021.

Last updated

Ascend Money Revenue

In 2023, Ascend Money's revenue reached $174M. Since its launch in 2015, Ascend Money has shown consistent revenue growth.

Ascend Money Revenue GrowthReported revenue / ARR over time$0$40M$80M$120M$160M$200M201520162017201820192020202120222023$0$174MSource: GetLatka.com
YearMilestoneSource
2023Ascend Money Hit $174m revenue in December 2023
2015Launched with $0 revenue

Ascend Money Valuation, Funding Rounds

Ascend Money reached a $1.5B valuation in 2021, set during its Series C round.

Ascend Money has raised $150M in total funding across 1 round, most recently a $150M Series C round in 2021.

Ascend Money Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$400M$40M$800M$80M$1.2B$120M$1.6B$160M$2B$200M2015201620172018201920202021$1.5BSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2021Series C$150M$1.5B10%

Founder / CEO

Tanyapong Thamavaranukupt

President

Tanyapong Thamavaranukupt is listed as President at Ascend Money.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

We do not have customer count information for Ascend Money yet.

Ascend Money Employees & Team Size

Ascend Money employs approximately 1.4K people as of 2026.

Ascend Money Team GrowthReported headcount over time03006009001,2001,500201520172019202120232025001,3501,350Source: GetLatka.com
YearMilestoneSource
2025Reached 1.4K employees (November 2025)

Frequently Asked Questions about Ascend Money

What is Ascend Money's revenue?

Ascend Money generates $174M in revenue.

Who founded Ascend Money?

Ascend Money was founded by Tanyapong Thamavaranukupt.

Who is the CEO of Ascend Money?

The CEO of Ascend Money is Tanyapong Thamavaranukupt.

How much funding does Ascend Money have?

Ascend Money raised $150M across 1 round.

How many employees does Ascend Money have?

Ascend Money has 1.4K employees.

Where is Ascend Money headquarters?

Ascend Money is headquartered in Thailand.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

Claim this profile
Ascend Money Revenue, Valuation & Funding History (2023)