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Fintech funding round-up: 8 June 2017

Funding concept with smartphone

It felt like only yesterday (7 June) that we published a fintech funding round-up. In fact, we did. But this latest version features Kasikornbank, Lmrkts, International Finance Corporation and Entersekt. Kasikornbank (Kbank), one of the largest banks in Thailand, has launched its “Beacon Venture Capital” investment unit with $30 million on hand to support start-ups […]

Kbank and IBM team up for blockchain in Thailand

Blockchain coming to Thailand

Kasikornbank (Kbank), one of the largest banks in Thailand, is exploring blockchain with IBM, “to save costs and speed up transactions”, the two companies say. The services will be launched in H1 2017, to certify the letters of guarantee (LCs).

Kbank in $142m-a-year digital banking drive

Thailand

Kasikornbank (Kbank), one of the largest banks in Thailand, says it is to spend THB 5 billion ($142 million) per year in a digital banking transformation project. Kbank, the country’s fourth-largest lender by assets (THB 2.5 trillion/$71 billion), says it has the largest share of the digital banking market with 38%. It is now looking […]

Thai bank turns to real time banking

Thailand is one of the more sophisticated markets in the ASEAN region

Young Asian consumers on motorcycles want to be able to start a transaction while riding and finish it at an ATM. For many, that ability is about to become a reality as ASEAN banks switch to real time core banking systems.

@banking
techno