Thailand’s Q3 2021 tech news
• July, August and September of 2021
• Tech news headlines at a glance
• Quick reference for a time-poor audience
• One-click access to each full tech news article
• Online and drawn from daily tech news
July 2021 | August 2021 | September 2021
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September 2021
- Thailand: An intro to Beam, aiming to create a frictionless customer payments experience on social messaging platforms and websites
- Thailand: SCB Abacus, alternative digital lending platform from Siam Commercial Bank, raises $12M Series A in part with focus on lending to the unbanked
- The Virtual Martech Summit Thailand set for October 20th
- Thailand: Fraction fintech startup clears final regulatory hurdle towards helping property owners fractionalize real estate, enabling sale of ‘pieces’ to small investors
- Thailand: State-owned oil major PTT to invest $16BN over the next decade in electric vehicles and green technologies, aiming to place the country as SE Asia’s EV hub
- Thailand: Ascend Money, TrueMoney e-wallet’s parent firm, raises $150M to expand on 6-country services in digital lending and cross-border remittances
- Thailand: 3 finalist teams unveiled for the Centara x Startup Sandbox by True Digital Park competition, moving on to December competition finals
August 2021
- Thailand: Centrara Startup Sandbox competition launches, offering 3-month incubator support for startups, with co-working, facilities, mentorship and funding
- Thailand: An interview intro to aCommerce, e-commerce enablement giant providing marketing, store operations, fulfilment and delivery in Indonesia, the Philippines, Singapore and Malaysia
- e-news, latest issue: Thailand’s aCommerce, ESG in finance, Indian agri-data, Unicorn Pitch in Malaysia…
- Thailand: A brief overview of the Thai SEC’s proposed ‘SME Board’
- Thailand: Wisesight raises $7M with social media-focused data analytics in round led by Krungsri Finnovate, corporate VC arm of Krungsri bank
- Bank of Thailand to start testing a retail central bank digital currency in Q2 2022 as an alternative payment option for the public
- Thailand: Finnoventure Fund I launched by Bank of Ayudhya’s Krungsri Finnovate for high net worth investors, focusing on Series A tech startup investments
- Thailand: SEC proposes new digital asset rules covering management of fiat money, digital asset lending, and interest rates for platforms that hold customer cryptocurrency
- Taiwan’s Hon Hai manufacturing giant to take EV joint venture with Thailand’s PTT oil supplier public, aiming for nationwide EV ecosystem and 2025 IPO
- Thailand: Bangkok Airways investigating a cyberattack in which some customer personal data may have been compromised
- Ripple adds instant payments from South Korea to Thailand, connecting GME Remittance to Siam Commercial Bank
- Bank Negara Malaysia and Bank of Thailand recently launched cross-border QR-based payments, aiming for real-time consumer and merchant payments between the countries
July 2021
- Thailand: Former president of Thailand Stock Exchange joins board of aCommerce end-to-end ecommerce enabler as it prepares for Thailand IPO
- Thai financial regulators hit Binance cryptocurrency exchange with criminal complaint around digital asset trading, adding to issues in UK, Germany, Japan and the US
- Thailand: An interview-based look at decentralized finance with chief venture and investment officer at SCB 10X, venture arm of Siam Commercial Bank
- Malaysia’s AirAsia to buy Thailand arm of Indonesia’s Gojek ride-hailing and payments firm in a stock swap, boosting realignment to digital as a result of COVID-19 impact
- Malaysia: Speedhome property-tech startup lands $1.7M Series A with sights on Thailand expansion
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