Tag: Thailand

Funding Societies, a leading Southeast Asian FinTech company, has recently secured a substantial investment from Khazanah Nasional Berhad and CGC Digital Sdn Bhd. 

Indonesia’s digital lending giant, Investree, is on the brink of clinching a significant series D funding, amassing up to 220 million euros ($230.8m) via the establishment of a new joint venture based in Doha.

In a recent post by TAINA Technology, the company dug deeper into remaining compliant with FATCA and CRS compliance in APAC.

Announcing its first close of a $40m fund, The Radical Fund, a venture capital firm specialising in early-stage investments in the climate tech sector, has made waves in the FinTech industry.

Thailand-based InsurTech company, Roojai, has strategically acquired the local business of FWD General Insurance from Bolttech.

Bitkub, a flourishing FinTech entity in Thailand's cryptocurrency exchange landscape, was established by Jirayut Srupsrisopa in 2018. The company has successfully carved a space for itself as a platform enabling users to buy, sell, and store their cryptocurrency assets.

Thailand-based B2C InsurTech startup Roojai has closed its Series B funding round on $42m.

The Bank of Thailand has said that it is starting a pilot study of a retail central bank digital currency (CBDC).

Thailand’s Security and Exchange Commission (SEC) has revealed it will introduce a ban on crypto as a method of payment from April 1 this year.

Thailand’s finance ministry has loosened regulations around crypto tax in order to foster investment in the country’s digital asset market.