Washington D.C., September 11th, 2020- We welcome TrueMoney to the SME Finance Forum global membership network. Our network consists of SME financing leaders from around the world who come together to share knowledge, spur innovation, and promote the growth of small and underserved businesses.
“At SME Finance Forum we are committed to helping small businesses get access to capital needed to grow and sustain their enterprise. Our membership network forms a close-knit community of industry experts who share a common purpose of helping SMEs. We are delighted to have TrueMoney as the newest member of the Forum. We truly value their contributions in Southeast Asia.” said Matthew Gamser, CEO of the SME Finance Forum.
TrueMoney is operated by Ascend Group, Thailand-based Southeast Asia’s leading technology firm under Charoen Pokphand Group. First started its fintech service in 2003, TrueMoney’s financial platform nowadays has serviced over 40 million users and 50,000 agent networks in 65,000 locations. To ensure secure and accessible transactions, TrueMoney has partnered with leading certified partners regionwide to innovate financial services.
“Our digital payment and financial solutions allow our customers to access a safe and easy transaction anytime, anywhere. With the SME Finance Forum’s vast global network, extensive knowledge sharing and innovation, we’re sure to capitalize on this cooperation to help people access to innovative financial services and play a vital role in accelerating financial inclusion across the region,” said Tanyapong Thamavaranukupt, Co-President of Ascend Money Co., Ltd., the operator of TrueMoney.
About SME Finance Forum
The SME Finance Forum was established by the G20 Global Partnership for Financial Inclusion (GPFI) in 2012 as a knowledge center for data, research, and best practice in promoting SME finance. As an implementing partner for the GPFI, the International Finance Corporation (IFC) was tasked with managing the initiative.
TrueMoney is a Southeast Asia’s leading fintech company providing financial services for the unbanked, digital users and businesses across 6 countries in Thailand, Cambodia, Myanmar, Vietnam, Philippines, and Indonesia.
Established in 2003, TrueMoney became a part of Ascend Group in 2014 and a partner of Ant Financial Services Group in 2016. Today, the company provides various financial services. Its extensive agent network and offline payment service across Southeast Asia also enable millions of users in the region to access innovative financial services, leading them to better lives.