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Ascend Money hits US$1.5 billion valuation with new funding, becomes Thailand’s first fintech unicorn

  • New investor Bow Wave Capital Management joins Charoen Pokphand Group and Ant Group in latest funding
  • Driving financial inclusion with expanded e-wallet and digital financial services across Southeast Asia (SEA). Charoen Pokphand Group considers this investment as fulfilling its C.P. Group 4.0 strategies, building post COVID-19 platform of opportunity.
  • 2020 payment volume at US$14 billion across 6 countries

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