Thailand

Funding Societies Thailand joins NCB to strengthen SME access to finance

FS Capital, direct lending arm of Funding Societies, one of Southeast Asia’s largest digital financing platforms for small and medium-sized enterprise (SMEs), has officially become a member of the National Credit Bureau (NCB), Thailand.

Apis Partners’ Funds lead $60M Series C in Thai D2C insurance firm Roojai

Apis Partners Group (UK) Limited, a global private equity firm focused on investments at the intersection of financial services and technology, and Asia Partners, an investor in high-growth companies across Asia, have announced a joint investment in the $60 million Series C fundraise by Roojai, Thailand’s direct-to-consumer (D2C) digital insurer.

Google introduces new TalayLink subsea cable connecting Australia and Thailand

Google Cloud announced Monday TalayLink, a new subsea cable connecting Australia and Thailand to significantly increase the reach, reliability, and resilience of digital connectivity across Asia Pacific and around the world.

Univers and Amcharge partner to drive AI-powered industrial optimization across Malaysia, Thailand

Univers, a global artificial intelligence (AI) and internet of things (IoT) platform firm, and Amcharge Sdn Bhd, a Malaysia-based renewable energy solutions provider, have signed a memorandum of understanding (MOU) to help industrial and commercial customers cut energy costs, integrate cleaner energy, and accelerate their Net Zero progress across Malaysia…

XTransfer partners SCB to boost cross-border payments

XTransfer, the China-based business to business (B2B) cross-border trade payment platform and Siam Commercial Bank (SCB), Thailand's first indigenous bank, announced Monday the signing of a memorandum of understanding (MoU) to improve cross-border payments.

Thailand approves $3.1B data center projects

Thailand Board of Investment (BOI) has approved investment privileges for projects worth a combined 100 billion baht ($3.1 billion) in value, including data center projects by several international investors.

IFC invests $14M in MR. D.I.Y. Thailand IPO to boost access to affordable home improvement

To promote job creation and economic inclusion across Thailand, the International Finance Corporation (IFC) has invested THB 455.7 million ($14 million) as an anchor investor in the initial public offering (IPO) of MR. D.I.Y. Holding (Thailand) Public Company Limited (MR. D.I.Y. Thailand), a home improvement and lifestyle retailer with over 1,000 stores…

Thailand’s Pride Health raises $300,000 to boost LGBTQ+ healthcare across Asia

Pride Health, a Thailand-based company and Asia’s first LGBTQ+ digital healthcare platform, has raised $300,000 in a pre-seed round with A2D Ventures, Enterprise Singapore, First Move, and depa’s Digital Startup Fund (S2).

Thailand and China launch cross-border QR payment linkage

The Bank of Thailand (BOT) has announced the launch of a new initiative, the cross-border QR payment linkage between Thai banks and three Chinese payment service providers (Alipay, UnionPay, and WeChat Pay), on last Thursday.

OpenAI launches AI video creation app Sora in Thailand

OpenAI has on last Thursday launched the Sora app to Thailand, making it one of the first countries in Asia to access its next-generation artificial intelligence (AI) video creation experience.