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15 Top FinTech Companies in Thailand

MEDICI’s recent article on the FinTech landscape in Thailand provided an in-depth analysis of macro drivers, trends, challenges and regulatory developments in Thailand. With internet penetration at 39%, 1.2 mobile phones per person, an urban population of 49%, and one of the lowest unemployment rates among ASEAN nation, Thailand presents a modest market for FinTech innovators. The country’s central bank, Bank of Thailand, has undertaken several initiatives in the last couple of years to motivate FinTech developments in the country, such as Bangkok FinTech Fair 2018, introduction of the National e-Payment Master Plan, launching regulatory sandbox, and more. Payments is one of the most concentrated segments in Thailand, but other areas such as insurance are emerging. Here is a list of the 15 top FinTech startups in Thailand to watch out for:

  1. Kredivo was founded in 2015 and has raised $30 million in total funding. Kredivo is a product of FinAccel. It is engaged in providing retail credit solutions that give users the convenience to buy now and pay later in 30 days with no interest or with 3-month, 6-month, or 12-month ...

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