BUSINESS

Ascend Money bags $195m from MUFG unit

Business, Suchit Leesa-nguansuk, Published on 27/06/2024

» Ascend Money, a leading fintech firm under Charoen Pokphand Group, has secured investment from a subsidiary of Mitsubishi UFJ Financial Group Inc (MUFG) worth US$195 million to accelerate digital financial inclusion in Thailand, mainly in digital finance and lending to non-bank users.