MUFG Invests $195 Million In CP Group-Backed Thai Unicorn Ascend Money

By Forbes | Jun 27, 2024 at 01:12 AM EST

Ascend Money, a Thai fintech unicorn backed by Dhanin Chearavanont's CP Group, secured $195 million in funding led by Mitsubishi UFJ Financial Group. MUFG's investments in digital finance players in Asia Pacific include Grab, Home Credit, and Akulaku.

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