Editorial

Ms Monsinee Nakapanant Co-President Ascend Money wins The Innovation Leadership Achievement Award

By The Asian Banker

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  • She led the company to become the biggest e-wallet in Thailand and a leading fintech in South East Asia operating across six countries
  • Under her leadership the company serves 30 million people across markets and has the largest network of 50,000 agents facilitating payments
  • She promoted cashless society with innovative payment products achieving over 8 million active users in Thailand with a user growth of over 200% in 2018

Bangkok, May 29th, 2019 - Ms.Monsinee Nakapanant, Co-President, Ascend Money received The Innovation Leadership Achievement Award in Thailand at The Asian Banker Leadership Achievement Awards 2019. The award ceremony was held in conjunction with the prestigious Future of Finance Summit 2019, the foremost annual meeting for decision makers in the financial services industry in the Asia Pacific region, held at the Shangri-La Hotel, Bangkok, Thailand.

Monsinee-Nakapanant

Standing from left to right:  Foo Boon Ping, Managing Editor The Asian Banker; Monsinee Nakapanant, Co-President, Ascend Money; Rona Morgan, Member of The Asian Banker Risk Management Advisory Council; David Gyori, International Resource Director, The Asian Banker

She led the company to become the biggest e-wallet in Thailand and a leading fintech in South East Asia operating across six countries

With her deep understanding and notable experience in creating and driving content for the digital world, Ms Monsinee Nakapanant, Co-President, Ascend Money, led the company’s  digital wallet ‘True Money’ to become the biggest e-wallet in Thailand. The company emerged as a leading fintech in South East Asia, serving underserved customers with a complete ecosystem of online and offline payments. In less than four years, she successfully expanded the group’s reach to six countries, while building up human capital and establishing a scaled agile operational practice across the region.

Under her leadership the company serves 30 million people across markets and has the largest network of 50,000 agents facilitating payments
The company now serves 30 million people across markets and has the largest network of 50,000 agents facilitating payments. She piloted the company to increase the sources of funding options for the wallet and add new online payment avenues which resulted in it achieving the highest market share in the e-wallet business in Thailand. Recently the company has also collaborated to enable payments through Apple App Store and Google Playstore using its digital wallet, widening its online reach.
She promoted cashless society with innovative payment products achieving over 8 million active users in Thailand with a user growth of over 200% in 2018
Building a cashless society with innovative payment products in Thailand, she led the company to expand its services over 8 million monthly active users in the country and gain acceptance across 200,000 merchants nationwide. Under her guidance, the company also widened its portfolio in financial services by offering innovative lending products, increasing customer engagement and convenience. These facilitated the company to achieve a user growth of over 200% in 2018.

Innovation Leadership Achievement Awards are designed to recognise the achievements of outstanding individuals who play a pivotal role in introducing and implementing authentic innovation in their organisations. These are executives whose vision, efforts, and commitment inspire and champion the innovation capabilities that are already well regarded by peers in the industry.

About The Asian Banker

The Asian Banker is the region’s most authoritative provider of strategic business intelligence to the financial services community. The company is headquartered in Singapore, with offices in Manila, Malaysia, Hong Kong, Beijing, and Dubai, as well as representatives in London, New York, and San Francisco. It has a business model that revolves around three core business lines: publications, research services, and forums.

For further information on the collaterals for winning banks, please contact:

Mr. Alfred Labicassi
The Asian Banker
Email: alabicassi@theasianbanker.com



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