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Company Information
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Company Logo
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Company's Name
TrueMoney Myanmar Co., Ltd
Company’s Address
196/A, West Shwe Gone Daing 5th Street, Mimosa Building, 3rd Floor, Bahan Township, Yangon, Myanmar.
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Business Description
TrueMoney operates across seven (7) countries in Southeast Asia—Thailand, Myanmar, Cambodia, Indonesia, Malaysia, the Philippines, and Vietnam—under the umbrella of Ascend Money, a leading regional financial technology firm established by the CP Group with Ant Financial as a strategic partner. Leveraging the extensive ecosystem of CP Group in Thailand and the technological expertise of Ant Financial (a member of the Alibaba Group), TrueMoney Myanmar is uniquely positioned to accelerate financial inclusion in Myanmar by providing secure, convenient, and innovative digital financial services. Ascend Money became Thailand’s first fintech unicorn in September 2021, with a valuation of USD 1.5 billion, marking a significant milestone in the regional fintech landscape. TrueMoney Myanmar Co., Ltd., established in November 2014, is an integral part of the Ascend Money group. Working closely with Ascend Money and its regional partners, TrueMoney Myanmar aims to create tangible improvements in the financial well-being of the Myanmar people. Today, the company operates through a nationwide network of over 32,000 agents, enabling access to essential financial services for Myanmar’s underserved population. These agents make it possible for millions of people to conveniently conduct mobile top-ups, bill payments, and domestic and international money transfers. Our mission is to deliver cutting-edge, secure, and user-friendly payment solutions that empower individuals and businesses throughout Myanmar. We are committed to building the country’s most comprehensive, inclusive, and intelligent merchant payment ecosystem, integrating all essential financial services into a single seamless platform. Through this mission, we strive to broaden access to formal financial services, particularly for rural and remote communities, while enhancing convenience, transparency, and trust. Our vision is to transform Myanmar’s financial landscape by driving universal financial inclusion. We envision a future where every individual and business—regardless of geography or prior banking access—can easily participate in a vibrant digital payment ecosystem, fostering economic growth and opportunity for all. TrueMoney’s value proposition is anchored in several key strengths: A wide and trusted nationwide agent network reaching both urban and rural areas; A proven track record in digital payments, merchant services, and cross-border remittances; A robust and compliant technology platform equipped with comprehensive KYC and AML frameworks; and Strong market demand and growth potential within Myanmar’s evolving digital payments sector. Together, these strengths enable TrueMoney Myanmar to play a pivotal role in shaping the country’s digital financial transformation and driving sustainable economic inclusion.
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Company’s Website
https://truemoney.com.mm/
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Company’s Email
kaykhine_koko@truemoneymyanmar.com
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Company's Phone
09443066380
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Mobile Number
09750210400