MUFG invests in Thai fintech to spur digital financial inclusion
MUFG Bank, together with the Finnoventure Private Equity Trust I fund managed by Krungsri Finnovate Co., have made a combined investment of $195m in Ascend Money.
Fintech Ascend Money, and Mitsubishi UFJ Financial Group (MUFG), have announced that MUFG’s subsidiary MUFG Bank,, together with the Finnoventure Private Equity Trust I fund managed by Krungsri Finnovate Co. have made a combined investment of $195 million in Ascend Money.
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