Ascend Money announces another key milestone with an investment from Mitsubishi UFJ Financial Group (MUFG) together with the Finnoventure Private Equity Trust I Fund. The investment will help Ascend Money accelerate its plan to provide inclusive financial services for underserved consumers and SMEs, fostering equitable economic growth and financial well-being in Thailand.
This strategic investment signifies a strong commitment from both organizations to drive the growth of digital finance in Thailand by developing even more innovative products and services that meet the needs of both individuals and small businesses, thanks to MUFG’s global expertise, combined with Ascend Money’s deep understanding of the local market.