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Valuation

$1.5B

2023 Revenue

$174M

Funding

$150M

Team

1.4K

Founded

2015

How Ascend Money CEO Tanyapong Thamavaranukupt grew Ascend Money to $174M revenue with a 1350 person team in 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.

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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 by year$0$40M$80M$120M$160M$200M201520162017201820192020202120222023$0$174MSource: GetLatka.com
YearMilestone
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$400M$800M$1B$2B20152016201720182019202020212015 cumulative: $0 • 2015 Founded: $02021 cumulative: $150M • 2015 Founded: $0 • 2021 Series C: $150M @ $2B valuation$150M2015 Founded: $0 valuation2021 Series C: $2B valuation$2BSource: GetLatka.com
YearRoundAmountValuation% Sold
2021Series C$150M$1.5B10%

Ascend Money Employees & Team Size

Ascend Money employs approximately 1.4K people as of 2026.

Ascend Money has 1.4K total employees in different roles and functions.

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

Founder / CEO

Tanyapong Thamavaranukupt

Tanyapong Thamavaranukupt is listed as Founder / CEO at Ascend Money.

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Customers

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

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.

How many employees does Ascend Money have?

Ascend Money has 1.4K employees.

Where is Ascend Money headquarters?

Ascend Money is headquartered in Thailand.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Ascend Money Revenue 2023: $174M ARR, $1.5B Valuation