This article showcases our top picks for the best Thailand based Fintech (Financial Technology) companies. These startups and companies are taking a variety of approaches to innovating the Fintech (Financial Technology) industry, but are all exceptional companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups and companies for exceptional performance in one of these categories:
- Innovative ideas
- Innovative route to market
- Innovative product
- Exceptional growth
- Exceptional growth strategy
- Societal impact
Top Thailand Fintech (Financial Technology) Companies
Omise is an online payment gateway offering a wide range of processing solutions for any business need. Our endeavor is to provide the best online payment experience that works seamlessly on both the mobile and the web.
With a growing dynamic international team, we relentlessly work to set new benchmarks to the industry by optimizing easy-to-integrate functionality for our partners while at the same time, narrowing the gap that staggers between the physical and online market today. Omise now operates in Thailand, Japan, and Singapore.
In Thailand, online stores are still striving to have a proper payment solution because applying and implementing has never been simple and smooth. All of the major PSP’s require cumbersome documentation to apply; monthly commitments, high transaction fees and all take considerable amount of time to gain approval.
Additionally, there is no good online API documentation or sandbox to test. Thus, stores drive their business by offline payment methods such as ATMs, Banks or online banking.
Once shoppers have made their transactions, they have to send a proof of payment to there store via email or other social network channels. Since there is no payment notification, the store has to check the transaction manually which delays the delivery time and increases the chance of fraud.
This fraud may occur by shoppers’ photo shopping their proof of payment. Since a reliable, simple and smooth online payment system has been lacking in Thailand, Omise.co founder, Jun Hasegawa and co-founder Ezra Don Harinsut, recognized the need to bridge the gap between stores and shoppers.
Bitkub Capital Group Holdings
Founded in February 2018, Bitkub is a new generation digital asset and cryptocurrency exchange platform that offers advanced cryptocurrency exchange services to individuals who intend to buy, sell, and store cryptocurrencies. We a re a legally registered company, with a registered capital of 50 million baht and office space based in Bangkok, Thailand.
The blockchain is a game-changing technology for the financial industry. Its ability to remove middlemen in the financial system has revolutionized the way the world interacts by enabling faster, cheaper, and safer borderless payments with cryptocurrency.
But as a disruptive technology, the biggest challenge blockchain has is to cross the chasm and to become mainstream. That’s where we come in place: Bitkub.com aims to bridge the gap between blockchain and cryptocurrency services to “non-tech users” by being the most trusted and easy-to-use cryptocurrency exchange in Thailand.
For the first time ever, our unique cryptocurrency exchange platform provides multi-cryptocurrency wallets, user-friendly technical analysis tools, and alternative cash-out options for businesses willing to improve their payment processing systems.. .
Roojai.com is a digital insurance platform providing new car insurance services for drivers. It has two insurance products car insurance through its partnership with Krungthai Panich Insurance, and big bike insurance for engines sized from 400cc through its collaboration with LMG.
The Roojai Mobile App is easing distress when claiming or asking for emergency assistance in case car breaks down. Roojai.com was founded in 2015 and is headquartered in Sriracha, Chon Buri, Thailand..
Rabbit Internet is a company builder and investor. We focus on sustainable consumer internet business models for South East Asia.
We operate product centric and understand how to grow companies efficiently. We invest into local entrepreneurs early and growth stage..
MoneyTable driver first was formed in late 2016 to become the leading online financial platform to fix the problems with the current. And as a platform for further development, welfare organizations, focusing on facilitating online financial and personnel work.
After VC funding from leading Asian and form a strong team. At present, we have been trusted by many leading companies..
The insurance technology group that is on a mission to hit “ctrl-alt-del” on your healthcare, car, travel and generally your entire experience with your insurer. We believe everyone on this planet earth should have the right to live sustainably with access to quality healthcare and protection for their individual lifestyles and businesses.
At Sunday, we are reinventing the entire insurance offering and experience to ensure that these needs are met anytime, anywhere. We personalize coverages according to your needs.
We simplify your insurance journey so that claiming from us is transparent and easier at all times. More than just your normal insurance that helps protect you financially, we offer healthcare and digital services within our ecosystem because we are also invested in making a positive impact in your health, lifestyle and business..
Masii offers an online platform that enables its users to compare financial products such as car and travel insurance, credit cards, personal loans, mobile packages, and more. Masii was founded by Max Meyer and Matthias Jurgens in February 2016.
It is based in Bangkok, Thailand.. .
SYNQA is a holding company founded in 2015 with expertise in Asia. SYNQA specializes in online payment, blockchain technology for fintech, and digital transformation.
SYNQA connects people, businesses and society in innovative ways that spread the wealth of financial opportunity and provide fair and open access to a growing economic ecosystem.. .
AppMan is a leading technology provider in the life insurance space. It serves top insurers in Thailand and the Asian market by providing its solutions to improve insurance sales experience.AppMan has leveraged all it’s industry expertise to develop AgentMate, an electronic Point of Sale solution that will drive the insured seamlessly throughout the insurance sale.
AgentMate has a modular design with which insurers can select the modules they need to complete through a digital roadmap. ISO/IEC 27001:2013 Certified..
Ascend Group is an information technology company that specializes in the fields of cloud centers, fintech, and E-commerce. It is driven by its mission is to be the leader in digital services and platforms for customers and businesses.
The company was founded in 2015 and headquartered in Krung Thep, Thailand.. .
Credit OK is a FinTech startup committed to solving the problem of financial inclusion and illegal financing. The company builds a credit risk system for supply chain business and B2B marketplace for a better way of assessing risks in the supply chain and B2B marketplace with its proprietary credit scoring.
It customizes the credit scoring model specific to each industry with its capabilities and know-how in preparing data for an automated credit scoring system. Credit OK was founded in 2017 and is headquartered in Chatuchak, Bangkok, Thailand..
Crypto Tron is a blockchain startup with an amazing new vision for the future of cryptocurrency. We are determined to make a place for Thailand in the crypto market.
We will build and integrate a highly sophisticated crypto exchange and a flexible, modern retail platform. We offer our customers and partners who participate in our retail system the most important thing they need – the ability to cash their coins out and buy more coins with their traditional banking in a fully legitimate, high‐speed, secure way.
We want to see crypto cross the barrier from the way it is now to the broad masses of the people.‘’If a business can quickly cash its coins to traditional currencies then there will be more businesses willing to accept them‘’. The company will bring to the crypto market a lot of new solutions and new implementations that will be completely new for crypto users! CRYPTO TRON LICESES Crypto Tron Exchange will operate according to all applicable regulations, set by the Thailand Board of Investment (BOI), the Thailand Securities and Exchange Commission (SEC) and the Bank of Thailand (BOT).
It will be maximally secure compared to most exchanges as most customer funds will be held in offline “cold wallets”, Offline wallets limit access for unauthorized purposes or parties. This decision limits access to potential threats and minimizes risks to customers in today’s cryptocurrency market.
Our exchange platform will be reviewed by Kaspersky Lab to ensure our security is up to standards. Crypto Tron Shop will provide seamless, easy interaction between cryptocurrencies and fiat.
We will operate according to all applicable regulations, set by the Thailand Board of Investment (BOI), the Thailand Securities and Exchange Commission (SEC) and the Bank of Thailand (BOT). Crypto Tron users can count on reasonable fees and stellar service on both Exchange and Shop platforms.
investorZ wants to revolutionize financial product marketplace. Focus on 200M middle class consumers in Southeast Asia who dissatisfied with lack of transparent offering, cold calling, mistrust of internet financial brokers, agents who hard selling or scams.
investorZ provides knowledgeable RoboAdvisor and focus on value-based. With over 60K+ active monthly users, their marketplace platform combines 3 important solutions: First, they provide product comparison–compare all products from all the best providers to guarantee customer highest level of satisfaction.
Second, they provide RoboAdvisor–virtual agent to help guide through customers’ preferences and help personalized services. Third, social recommendation–recommended products including which ones friends, community experts, or advisors are using.
They take % commission from products transaction on their platform. Their core products are insurance, equities, and mutual funds..
Thai Fintech Association
Thai Fintech Association is a non-profit organization focusing on the drive the financial technology industry. The organization reduces the cost of financial transactions, increases accessibility to financial products and services for Thai people, promotes fair competition and transparency for retails, and supports Thai fintech startups to compete and expand to a global market in Thailand.
Thai Fintech Association was established on 2 November 2016 and is based in Bangkok, Thailand.. .
Midas Rezerv, a fintech company has developed the technology to digitize and transact on the (bitcoin) blockchain virtually any physical or electronic asset, such as commodities, securities, and currencies in the form of issued crypto tokens (aka coins). It opens new frontiers for cryptoassets in P2P payments, crowdfunding, fundraising, trading and investments, along with other services.
Creation of blockchain chartered companies with instant registration of cryptoshares, allowing easy equity and ownership management. We work on crypto gold trading via MRgold project, which allows investing, trading, and making payments with physical gold using blockchain technology.
1 MRGold is fully backed by 1 gram of physical gold, stored in secured, fully insured and auditable vaults, auditable 24/7 with the bank guarantees and safekeeping records. MRshares is a crypto equity project designed to hep with crowdfunding, fundraising, and asset management.
MRMoney is fiat currency digitization concept to facilitate complete business transaction cycles on blockchain. We also have the technology to enhance and optimize the online prediction market (e.g.
sports betting) industry by providing transparency and automation using smart contracts. In addition, our solution Chainy.link allows timestamp document management by digitization of records on the blockchain.
Potential applications include legal contracts, patents, medical, government and other records to provide proof of existence, custody and audit.. .
Carboneum is creating a decentralized infrastructure and protocol for social trading, revolutionizing how traders interact with each other and make investments. Leveraging blockchain, Carboneum aims to promote transparency, automation and a fair reward mechanism, which are missing in social trading systems today.
StockRadars , Thailand’s leading online stock trading & analytical platform, is building a democratized social trading platform for digital assets and cryptocurrencies called “Carboneum”. .
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