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TrueMoney profile

Who owns TrueMoney?

traditional · Bangkok, TH · E-money institution · custody: Custodial

short answerTrueMoney is an e-money institution, not a bank. Customer money is safeguarded in segregated accounts at partner banks rather than held as insured deposits. TrueMoney's most notable disclosed backers include CP Group and Ant Group.

Is TrueMoney a licensed bank?

No — it is an e-money institution. Licence detail: E-money licence (Bank of Thailand) via Ascend Money; local e-money/payments licences across 7 SEA markets.

Where is your money held?

Custody model: Custodial.

No sponsor bank or infrastructure provider is publicly documented for TrueMoney yet. Know one? Suggest it.

Early investors

Notable venture and strategic investors from TrueMoney's publicly disclosed funding rounds.

CP Group ↗ Ant Group ↗

Is my money safe with TrueMoney?

As an e-money institution, TrueMoney safeguards funds in segregated accounts rather than insuring them as deposits. That protection works differently from a bank — money is generally not covered by deposit-guarantee schemes, though it must be ring-fenced from the company's own funds.

go deeperSee the full TrueMoney profile with every verified field, or TrueMoney alternatives. Raw fields: data.json.

Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.