🇹🇭 Kicking off 2025 with a bang in Bangkok! Our first SFA mission trip of the year has been an action-packed whirlwind—filled with insightful conversations, fresh perspectives, and a deep dive into Thailand’s evolving financial landscape. 💰💼✨ Here are some key takeaways from our meetings with Thailand’s top financial players: 🔹 At the Thailand Board of Investment (BOI): 💡 Thailand hit a record-high investment value in 2024, thanks to policies allowing 100% foreign ownership and strong industry support. 💡 High-potential startups can tap into THB 20-50M in matching funds—as long as they secure at least THB 15M from VC/CVCs. 💡 Special visas and work permits are attracting global talent. 💡 Our delegation members had the chance to network with key stakeholders and explore exciting investment opportunities. 🔹 At Bualuang Ventures (Bangkok Bank's Investment Arm): 💡 Bualuang Ventures is fully owned by Bangkok Bank and invests in FinTech, health & wellness, consumer businesses, and IT services. 💡 Their sweet spot? International startups in the USD 5M - 15M range, with a strong focus on regional growth. 🔹 At KASIKORNBANK (KBank) & KASIKORN Business-Technology Group [KBTG] 💡 KBank’s K-strategy is all about innovation and productivity. 💡 KBTG, the bank’s tech arm, is driving digital transformation across the group. 💡 Unita Capital Company Limited, KBank’s digital asset arm, is shaping the future of FinTech in Thailand. 🔹 At Beacon Venture Capital & Fuchsia Venture Capital: 💡 Beacon VC expanded its investment fund to $255M in 2024, focusing on early-to-growth stage tech startups. 💡 Fuchsia VC, Muang Thai Group’s venture arm, remains committed to InsurTech and HealthTech investments. 🔹 At ttb bank: 💡Their latest focus? Consumer-driven digital transformation with a strong retention strategy. 💡 Launched gamification in Q4 2024 to encourage early loan repayments. 💡 Their GenAI chatbot now resolves 50% of consumer queries—a game-changer for AI in banking! 🔹 At Krungsri Bank: 💡 Beyond banking! Krungsri is expanding regionally and diving into tech collaborations. 💡 Stellar by Krungsri is innovating in wealth, AI chatbots, and spam detection—with 2025 goals set on productivity and efficiency. 💡 Krungsri Finnovate, the bank’s CVC arm, is fueling strategic investments. 🔹At SCBX: 💡Our delegates engaged in 1-on-1 deep dives, tailoring discussions to fit each company’s needs. With more exciting days ahead, we look forward to more in-depth conversations and opportunities to connect with Thailand’s top financial players. Stay tuned for more insights! 🤩 Shadab Taiyabi | Khai Lin Sng | Chye Kit Chionh | Scott Krivokopich | Adrian Ang | Adrian Chng | Bernard Chan | Matthew Lovatt | Pauline Sim | Shi Mei Chin | Tan Chun Hao | Reuben Lim | Shakeel Rashid | Swati Sodhani | Adeline, Bee Yen Lau (ACII) | Sylvia Saw McKaige | Gwendolyn Loh | Sheryl A. | Christine Chua | Samantha Soong | Kayleen Tan
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