Tagged: thailand

June 11, 2017 @ 9:05 am By Cole Lyons  |  

Kasikorn Bank has opened up a $30 million fund to invest in to Fintech startups, thus exemplifying the banks attitude to embrace disruptive technologies. The rapid technological developments within the financial industry has opened up new dimensions in the market, changing how customers think. People… Read More

June 8, 2017 @ 6:54 am By Erin Hobey  |  

Thailand’s Kasikorn Bank has launched a $30 million fintech fund to invest in startups across South East Asia as well as Europe and China. The KBank Beacon fund aims to undertake up to five deals per year, with investments ranging from $500,000 to $3 million, according… Read More

March 16, 2017 @ 9:16 am By Erin Hobey  |  

Bangkok Bank Public Company Limited announced its international FinTech accelerator program, Bangkok Bank InnoHub in partnership with corporate innovation partner Nest. The 12-week intensive program will take place in Bangkok, Thailand, aiming to exemplify the bank’s drive to inspire innovation and solidify its commitment to innovative new technologies. As the country’s leading… Read More

February 6, 2017 @ 11:56 pm By Jessica Pham  |  

Bhume Bhumiratana works on blockchain in Thailand and in an interview with the Bangkok Post, he said that the country is poised to see the technology take over banking and financial services in the near future. “The adoption of blockchain technology is expected to be widely… Read More

January 25, 2017 @ 11:43 am By Samantha Hurst  |  

Thai FinTech Association has called upon the Thailand government to assist local tech startups and financial institutions to enhance local competition and prevent foreign companies from monopolizing in the country’s fintech market, according to the Bangkok News. During a recent interview, chairman of the Thai Fintech Association,… Read More

October 10, 2016 @ 11:25 pm By Pawee Jenneeranon  |  

The Peer-to-Peer Lending Industry in Thailand Peer-to-peer lending, which is also known as social lending or crowdlending, has drastically increased in the recent years in many countries around the world. The total volume of peer-to-peer lending activities has been growing rapidly. A good example is… Read More

September 22, 2016 @ 3:58 am By Erin Hobey  |  

Thailand decided to open a fintech regulatory sandbox, with the central bank set to invite firms to participate early next year, according to a release. The sandbox will enable developers working on lending, payment and money-transfer services and products to experiment for up to a year. An… Read More

May 1, 2016 @ 9:25 pm By JD Alois  |  

T2P, creators of the e-Wallet App DeepPocket, has received $1.1 million in funding led by Dave McClure’s 500 startups. The funding round also saw participation from Bechnachinda Holding.  T2P is based in Thailand and the additional capital will be leveraged to expand their services beyond… Read More

March 16, 2016 @ 11:03 am By JD Alois  |  

The Asia-Pacific Alternative Finance Benchmarking Report has just been published and it highlights the largest region in the world for disruptive finance. Entitled, “Harnessing Potential”, this is the first report for the region and has been created by a partnership of researchers, including the Cambridge… Read More

February 19, 2016 @ 6:07 pm By JD Alois  |  

Thai financial regulators including the SEC and the Bank of Thailand (BOT) are moving forward with supporting Fintech initiatives and equity crowdfunding specifically. Somkid Jatusripitak, Deputy Prime Minister in charge of Economic Affairs, recently declared 2016 Thailand’s “Investment Year”, as the southeast Asian country tries… Read More

February 5, 2016 @ 12:16 am By JD Alois  |  

  Fundnel (pronounced like Funnel) is one of several investment crowdfunding platforms that have launched in Singapore over the past year. But even though there are a growing number of sites entering the internet finance space, Fundnel claims the title of Asia’s first collaborative fundraising platform… Read More

January 22, 2016 @ 2:51 pm By JD Alois  |  

The Thai Securities and Exchange Commission has proposed rules for investment crowdfunding including the supervision of the investment portals. The SEC states that the proposed rules aim to establish a standard framework for operating crowdfunding portals. The supervised areas include measures and implementation against conflicts… Read More

January 12, 2016 @ 9:30 am By Benjamin Twoon & Justin Chow  |  

Southeast Asia (SEA) represents a burgeoning regional economy comprising of 11 countries with a consolidated GDP of US$2.57 trillion (that’s approximately 15% the size of the US economy), and a combined population of 620 million people. It’s no wonder that there’s a buzz around the… Read More

November 17, 2015 @ 9:26 am By JD Alois  |  

CrowdPlus.Asia is the first, of the approved platforms, to launch in Malaysia – and across multiple Asian markets. CrowdPlus.asia will focus on the ASEAN market, having established a presence in Malaysia, Thailand and Vietnam, as well as mainland China and Hong Kong where there is a number… Read More

September 3, 2015 @ 8:32 am By JD Alois  |  

Clyde & Co, an international law firm operating mainly in the MENA region, states it has advised Beehive on its Sharia certification.  Beehive announced the receipt of its certification earlier this week. The peer to peer lending platform received approval by the Shariyah Review Bureau (SRB). The certification… Read More

August 17, 2015 @ 5:33 pm By JD Alois  |  

As regional economies slow, policy makers search for new catalysts for growth.  Thailand is one of several countries in southeast Asia eyeing investment crowdfunding to help spur innovation and economic growth.  While several rewards based platforms operate in Thailand now, the country has charted a… Read More

August 17, 2015 @ 12:56 pm By Samantha Hurst  |  

Australian listed crowdfunding platform CoAssets Limited (“CoAssets” or the “Company”) (NSX code: CAX), confirmed on Monday that it has successfully crowdfunded the platform’s first Singapore-based real estate project.  Launched on July 1st, Mountbatten Lights, a boutique cluster bungalow development, managed to raise S$500,000 from more than… Read More

May 25, 2015 @ 11:08 am By Pawee Jenweeranon  |  

The Importance of Equity Crowdfunding in Thailand On 16 May 2015, the notification of the Capital Market Supervisory Board such as the notification no.: TorChor. 7/2558 regarding regulations on offer for sale of securities through electronic system or network TorChor. 8/2558 regarding rules, conditions and… Read More

April 26, 2015 @ 2:49 pm By JD Alois  |  

In today’s world, science & technology has to compete, innovate, vision clarity and install aspiration to serve the demands of industry. Traditional funding limits and challenges the demise of ideas! Crowdfunding offers alternatives and disrupt the traditions; crowdfunding led breakthrough for passionate individual, it bring science… Read More

March 26, 2015 @ 11:43 pm By JD Alois  |  

Crowdfunding Asia will be visiting Jakarta, Indonesia next month delivering its message of the power and potential of crowdfunding to boost economies and create new jobs. Crowdfunding Asia held its first, very successful, conference in Singapore in August of 2014.  Several hundred finance professionals, investors,… Read More