Tag: Thailand

Thailand bans cryptocurrency use for payments

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 eases crypto tax regulations to promote digital asset investments

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

Bank of Thailand issues consultation on digital repositioning of its financial...

The Bank of Thailand (BOT) has unveiled a public consultation on repositioning Thailand’s financial sector to succeed in a sustainable digital economy.

Ascend Money becomes first Thai FinTech unicorn after $150m funding haul

Ascend Money has raised $150m in funding to become the first Thai unicorn at a $1.5bn valuation.

Thailand-based InsurTech startup Sunday nets Series B round

Thailand-based InsurTech startup Sunday has reportedly collected $45m in its Series B funding round,

Thailand central bank unveils plans for digital currency pilot in 2022

The Bank of Thailand (BOT) has revealed it intends to begin a retail central bank digital currency (CBDC) pilot study in the second quarter of 2022.

Cross-border QR payments introduced in Thailand, Indonesia in pilot trial

A trial conducted by central banks in Thailand and Indonesia will see the implementation of cross-border QR payments across both countries.

Qoala acquires FairDee to help it expand into Thailand

Indonesian InsurTech Qoala has reportedly acquired digital insurance broker FairDee to help it move into Thailand.

InsurTech platform AppMan scores $4.6m in its Series A

AppMan, an InsurTech company based in Thailand, has netted $4.6m in a funding round to help it grow across the APAC region.

InsurTech Sunday has raised $9m to expand its services in Thailand

Thai InsurTech startup Sunday has raised $9m in a pre-Series B round led by SCB 10X, the venture capital arm of the Siam Commercial Bank.

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