Ascend Group

Ascend Group is a Southeast Asian digital conglomerate headquartered in Bangkok, with operations across Thailand, Indonesia, the Philippines, Vietnam, Myanmar and Cambodia. Its businesses span fintech, e-commerce, e-procurement, digital marketing technology, cloud and data center services, logistics and venture capital. Engineering work across the group touches digital payments, digital lending, mobile wallets, CRM, USSD mobile technology, WiFi platforms and video conferencing as a service.

The best-known product is TrueMoney, the mobile wallet and payments brand of Ascend Money, which handles domestic and international remittance, bill payment, top-ups, e-commerce payments and payroll services across six countries. Ascend Nano, Ascend Money's lending arm, serves the under-banked through a large agent network. On the commerce side, Ascend Commerce runs WeMall, a branded e-marketplace in Thailand, and WeLoveShopping, described as Thailand's first and largest C2C e-commerce marketplace. Pantavanij provides B2B marketplace and e-procurement services to Thai conglomerates in banking, construction, agribusiness and telecoms.

Infrastructure and marketing sit within the same ecosystem. TrueIDC offers colocation, managed services, Enterprise Cloud, Simply Cloud, AWS, AWS Direct Connect, cloud consulting and Video Conferencing as a Service, with offices in Myanmar and Cambodia. Egg Digital is a digital marketing and creative technology agency whose platforms include WIFIPlay, Web & Digital Media and USSD Mobile Packages. Ascend Capital, the group's venture capital arm, invests in and builds startups across fintech, e-commerce, CRM, cloud computing and logistics. Technology partners named across these businesses include AWS, SUPERNAP, Google and Microsoft.

The group states its mission as creating opportunities for all through world-class digital platforms and services, with particular attention to digital consumers and the under-banked.