ASCENT - About the company
ASCENT is an acquired company based in Singapore (Singapore), founded in 2019 by Samuel Chen and Imran Assan. It operates as a Provider of fund administration, corporate, and fintech solutions. , with last known valuation of $*****. The company has 22 active competitors, including 6 funded and 3 that have exited. Its top competitors include companies like Next Gate Tech, Formidium and Multrees Investor Services.
Company Details
Provider of fund administration, corporate, and fintech solutions. It offers tailored services for fund management, encompassing accounting, investor relations, compliance, and reporting. Corporate solutions include incorporation, advisory, secretarial, accounting, and tax services. Fintech solutions focus on enhancing compliance processes and operational efficiency through technology. The services are designed to meet the specific needs of various clients, aligning with their business goals and strategies. The firm's approach emphasizes personalized attention and adaptability to market changes.
- Website
- www.theascent-group.com/
- Social
- Registered Address
- TEMASEK BOULEVARD Pincode : 38987
Key Metrics
Founded Year
2019
Location
Singapore, Singapore
Stage
Acquired
Last Known Valuation
$***** as on Apr 16, 2025
Ranked
1st among 22 active competitors
Annual Revenue
$5.59M as on Jul 31, 2022
Employee Count
68 as on Jul 01, 2024
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by KFin Technologies (Apr 16, 2025)
Legal entities associated with ASCENT
ASCENT is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ASCENT FUND SERVICES (SINGAPORE) PTE. LTD. CIN: 201926741N , Singapore, Active | Aug 14, 2019 | $5.59M (As on Jul 31, 2022) | - |
ASCENT's acquisition details
ASCENT got acquired by KFin Technologies on Apr 16, 2025 at an acquisition amount of $34.7M.
Click here to take a look at ASCENT's acquisition in detail
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ASCENT's funding and investors
ASCENT has not raised any funding rounds yet.
ASCENT's founders and board of directors
Founder? Claim ProfileThe founders of ASCENT are Samuel Chen and Imran Assan.
Here are the details of ASCENT's key team members:
- Samuel Chen: Co-founder and Group COO of ASCENT.
- Imran Assan: Co-Founder of ASCENT.
View details of ASCENT's Founder profiles and Board Members
ASCENT's employee count trend
ASCENT has 68 employees as of Jul 24. Here is ASCENT's employee count trend over the years:
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ASCENT's Competitors and alternates
Top competitors of ASCENT include Next Gate Tech, Formidium and Multrees Investor Services. Here is the list of Top 10 competitors of ASCENT, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of fund administration, corporate, and fintech solutions | - | - | 56/100 | |
2nd | Next Gate Tech 2019, Luxembourg (Luxembourg), Series B | SaaS for asset management and fund industry | $14.1M | 54/100 | |
3rd | Formidium 2016, Downers Grove (United States), Seed | Provider of fund administration services and technology for alternative investment funds | - | 53/100 | |
4th | Multrees Investor Services 2010, London (United Kingdom), Series A | Provider of modular wealth management outsourcing services | $12.7M | - | 49/100 |
5th | Provider of fund administration and directorship services | $122M | 43/100 | ||
6th |  FundAdminChain 2019, London (United Kingdom), Acquired | Provider of a digital platform connecting fund investors, managers, and service providers | $2.03M | 38/100 | |
7th |  Embankment 2022, Copenhagen (Denmark), Seed | Fund service provider | $4.27M | 37/100 | |
8th | Adminis 2012, Wellington (New Zealand), Seed | Cloud based platform providing Portfolio reporting and analysis | - | 31/100 | |
9th |  GCRx 2023, Delaware (United States), Unfunded | Provider of tools to create and manage investment communities | - | - | 24/100 |
10th |  Incentive.Online 2020, Helsinki (Finland), Acquired | Fund administration platform for businesses | - | - | 20/100 |
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ASCENT's Investments and acquisitions
ASCENT has a total of 1 investment in EeroQ. ASCENT has not made any acquisitions as of now.Reports related to ASCENT
Here is the latest report on ASCENT's sector:
News related to ASCENT
Filter this listMedia has covered ASCENT for a total of 14 events in the last 1 year, 9 of them have been about company updates.
•
Ascent Group LLC Buys 11,926 Shares of Gilead Sciences, Inc. $GILDMarketBeat•Dec 31, 2025•Gilead, ASCENT, Lacapm, Tema ETFs
•
Ascent Group LLC Raises Holdings in International Business Machines Corporation $IBMMarketBeat•Dec 31, 2025•ASCENT, IBM, Shilanski, Adams Funds and 8 others
•
Greenwood Capital Associates LLC Acquires 24,777 Shares of Cisco Systems, Inc. $CSCOMarketBeat•Dec 27, 2025•Cisco, Greenwood Capital, Fort Washington Investment Advisors, ASCENT and 8 others
•
KFin Technologies acquires 51% of Ascent for $35M, eyes global fund administrator marketlesactualites.news•Oct 14, 2025•ASCENT, KFin Technologies
•
Panoramic Capital LLC Invests $2.13 Million in The Boeing Company $BAMarketBeat•Sep 08, 2025•Paradox Capital, Boeing, Ashton Thomas Private Wealth, ASCENT and 2 others
•
Intuit Inc. $INTU Shares Acquired by Vident Advisory LLCMarketBeat•Aug 31, 2025•Vident, Intuit, Texas Instruments, Intercontinental Exchange and 5 others
•
Ascent Group LLC Makes New $292,000 Investment in Northern Trust Co. (NASDAQ:NTRS)MarketBeat•May 29, 2025•ASCENT, Northern Trust
•
18,996 Shares in TWFG, Inc. (NASDAQ:TWFG) Acquired by Ascent Group LLCMarketBeat•May 29, 2025•ASCENT, TWFG
•
Ascent Group LLC Acquires Shares of 6,227 Ventas, Inc. (NYSE:VTR)MarketBeat•May 29, 2025•ASCENT, Ventasreit
•
Boston Scientific Co. Shares Acquired by Ascent Group LLCMarketBeat•May 28, 2025•Boston Scientific, ASCENT
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