Tanyapong Thamavaranukupt

Tanyapong Thamavaranukupt is a prominent figure in the financial technology sector, currently serving as the Co-President of Ascend Money, a role he has held since October 2016. With over 15 years of experience in the finance industry, Tanyapong has significantly contributed to the growth and innovation of digital financial services in Southeast Asia.

Career Background

• Early Career: Tanyapong began his career at GE Capital (Thailand), where he managed credit cards and home loans. He then moved to KrungSri Ayudhya Bank, overseeing customer relations management.
• Leadership Roles: He served as the CEO of CFG Services, known for its Srisawad Money brand, before joining Krung Thai Bank as part of the senior management team.
• Ascend Money: Under his leadership, Ascend Money has expanded its flagship payment platform, TrueMoney, across six countries: Thailand, Cambodia, Myanmar, Vietnam, Indonesia, and the Philippines. TrueMoney now serves over 30 million users through its e-wallet app and a network of 50,000 agents.124

Education

Tanyapong holds a Bachelor's degree in Engineering from Kasetsart University and an MBA from the University of Rochester in the United States.23

Achievements

Ascend Money has achieved significant milestones during his tenure:

• The company became Thailand's first fintech unicorn with a valuation of $1.5 billion after raising substantial funding in 2021.
• Tanyapong aims to increase TrueMoney's user base to approximately 30-35 million within three years, emphasizing financial inclusivity for underserved populations.45

Vision and Impact

Tanyapong is committed to leveraging technology to enhance financial access for all segments of society. His vision focuses on developing innovative services that cater to underserved markets, thereby promoting greater financial inclusion across Southeast Asia.46