FinTech Ecosystem

Q1 2017
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Featured By
SAMPLE CONTENT
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Communication, photo, music, and book industry
has been disruptive.
Now is the time for the finance industry
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Technology to make financial systems more efficient.
Better Faster Cheaper
What is Fintech?
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Unicorn
http://uk.businessinsider.com/fintech-unicorns-ranked-by-value-2016-7/#3-jd-
finance-online-financial-services-tied-to-online-shopping-25
Alipay, China's biggest mobile payment network
with 450 million users and 170 daily transactions.
Value: $60 billion
Chinese peer-to-peer lender
Value: $18.5 billion
Online financial services.
Value: $7 billion
Online Chinese electronics retailer
that lets buyers pay in monthly installments.
Value: $5.9 billion
Online Payment Processing
Value: $5 billion
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http://uk.businessinsider.com/fintech-unicorns-ranked-by-value-2016-7/#3-jd-
finance-online-financial-services-tied-to-online-shopping-25
A marketplace for student loan refinancing
Value: $4 billion
free credit scores
Value: $3.5 billion
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Bi g B rother FinTech in A s i a
Singapore Hong Kong
Source: Startupbootcamp, FinTech Hong Kong
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http://techsauce.co/news/hong-kong-unveils-fintech-hub-and-regulatory-sandbox/
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DBS Accelerator Maybank #Fintech

Innovation Centre
Fintech
Innovation Lab
Open Vault
Innovation Centre Finlab Incubator
AIA Accelerator
Banking & Fintech Sta rtup program
and
Innovation lab in SG
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Mobile Wallet in Vietnam & Ser i es B f undi ng
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FinTech in Thailand
Funding rounds per year by category
2011 2012 2013 2014 2015 2016 Total #
Deals
Total #
Co. Companies
Ecommerce/
Marketplace
1 3 6 5 5 20 18 Shopspot, WhatsNew Asia, Priceza,
Page365, Pomelo, StylHunt, Yogatrail,
Blisby, Golfdigg, Buzzcommerce, Sellsuki,
Wishbeer, Zilingo, Orami, Fastwork, Fixzy,
Wazzadu,WearYouWant
Fintech
2 4 2 8 5 Piggipo, StockRadars, PeakEngine,

Flowaccount, Finnomena
E-logistics
1 2 4 2 8 6 aCommerce, Rushbike,
Deliveree, Skootar ,GizTix, Sendit
Payment
1 2 2 2 7 3 2C2P, Omise, Deep Pocket
Food &
Restaurant
1 1 1 3 6 3 Wongnai, eatigo, ginja
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http://techsauce.co/news/bank-of-thailand-has-annouced-regulatory-sandbox-rule/
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Bank of Thailand with Regulatory Sandbox
http://www.fintechchallenge.info
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The Security and exchange commission's program
The group of fintech startups aiming to raise
awareness of the Fintech disruptive technology
and its framework to all stakeholders (Financial
Institutions, Private sectors and government
sectors)
Korn Chatikavanij : President of Thai Fintech
Association
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Thai FinTech Association
http://thaifintech.org/th/
Source: http://techsauce.co/en/news-en/big-moves-for-thai-banking-in-fintech/
Thai Banking & FinTech
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Fund of Fund - Golden Gate Ventures ($20M)
nyca
Direct Investment ($28M)
Focusing Areas
- Financial Product: Wallet, Wealth management etc.
- Infrastructure : Blockchain, Credit Scoring etc.
- Core tech : AI, NLP, Data Mining
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DVA
Accelerator
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Ripple
NYCA
http://techsauce.co/news/scb-digital-ventures-invests-in-blockchain-company-ripple/
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Krungsri RISE accelerator ProgramKrungsri Uni Startup

Contest of University students
Set up Venture Capital for Fintech ($10M USD)
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Business partnership with 

Thai Startups : Builk and asiola
KBTG office
KBTG structure
http://techsauce.co/news/kasikorn-partners-with-
ibm-for-blockchain-technology/
Partner with IBM for blockchain technology
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http://techsauce.co/news/bangkok-bank-joins-r3-blockchain-consortium/
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Mobile Operator
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Big Player invests in Thai FinTech Company
http://techsauce.co/en/news-en/invest-in-ascend-money/
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Source:
Global FinTech Ecosystem
Equity
Financing
Business
Tools
(Official)
Coming
Soon
Personal Finance
Crowdfunding
Payments
Retail Investments
Financial
Education
& Research
Financial Comparison
Lending & Credit
InsurTech
Bitcoin
Remittance Institution
Infrastructure
Consumer
Banking
?
Institutional Investment
?
Thai FinTech Ecosystem
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Set up team to support Startups
Investment
Create Program to find new innovation
Open API , Improve Banking Policy
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Collaboration between big enterprises and startups
Thailand FinTech Case Study
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Company Description

StockRadars empowers you by reducing your
sourcing time and mitigating portfolio risk.
They use entire stock market data to analyse
each stock indicates stock matching each
"Radars" criteria, and present in a super user-
friendly way as a game. You can choose
Radars which suitable for you.
Year Founded
2010
Key People
Teerachart Kortrakul, Founder & CEO
Website
http://stockradars.co
Specialisation

Retail Investment

Thailand FinTech Case Study
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Key highlight

• Surpassed the market share stock trading
app within 2 years, now with 23%
penetration rate
• StockRadars went on to become Best
Financial Software Thailand ICT Award
2014 & Best Financial Software Asia
Pacific ICT Award 2014
• Has expanded to China, Taiwan, Hong
Kong, South Korea, Japan, New Zealand,
India and Singapore
• In partnership with Globlex Securities
would allow traders who have accounts
with Globlex to do real-time trading via
the StockRadars app.
• Investors: CyberAgent Ventures, East
Ventures, Watchara Kaewsawang,
Piyaphan Wongyara

Teerachart Kortrakul, Founder & CEO
Thailand FinTech Case Study
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Company Description

Piggipo allows people to better manage credit
cards by allowing them to jot down their credit
card spending details in an app.
Year Founded
2013
Key People
Supichaya Surapunthu (CEO)

Pongchai Tangbowonweerkun (CTO)
Sirarhorn Thamprateep (CMO)
Website
https://www.piggipo.com
Specialisation

Personal Finance

Thailand FinTech Case Study
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Thailand FinTech Case Study
Key highlight

• The winner of dtac accelerate Batch 2
• Piggipo has partnered with Maybank to launch the
ā€œCredit Mavinā€ app in Malaysia
• Piggipo and dtac accelerate have entered a major
partnership agreement with Kasikorn Bank or
KBank in offering a new channel of communication,
providing credit card promotions to target
customers, and sending notifications via Piggipo
application.
• Investors: 500Tuktuks, dtac accelerate,
Ookbee,Golden Gate Ventures, SeedersClub
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Thailand FinTech Case Study
Company Description

Jitta is an intelligent finance platform taking
aim at the S&P 500 as the "new normal" for
trading returns. The practice is simple, "Buy a
Wonderful company at a Fair Price," but the
algorithmic technology behind the tool is
nothing short of inspired. Since 2009, Jitta's
ROI has been 400% greater than the S&P 500.
The kicker: the team and company are
building in Bangkok.
Key People
Trawut Luangsomboon, CEO
Pornthip Kongchun, COO
Sira Sujjinanont, CTO
Website
https://www.jitta.com
Specialisation

Retail Investment

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Thailand FinTech Case Study
Key highlight

• Mary Buffett is an advisor.
• One of top 50 startups in Startup Grind
Global event 2015
• Discover the great stocks with Jitta and
trade on streaming, available at Settrade
Streaming
• SET, Nasdaq, SGX, HKE, Hanoi Stock
Exchange, Hochiminh Stock Exchange are
now available on Jitta for everyone.
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Thailand FinTech Case Study
Company Description

Omise is Thailand's leading online payment
gateway offering a wide range of processing
solutions for any business need. Their
endeavour is to provide the best online
payment experience that works seamlessly on
both the mobile and the web.
Year Founded
2013
Key People
Jun Hasegawa, CEO
Donnie Harinsut, COO
Frederico Araujo, CIO
Robin Clart, CTO
Website
https://www.omise.co
Specialisation

Payment

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Thailand FinTech Case Study
Key highlight

• Omise secures USD$17.5 million in funding
which is one of the largest Series B
investments for a FinTech company in
Southeast Asia and largest investment
round in Thailand
• Investors: East Ventures, 500Startups, 

500 TukTuks, Sinar Mas Indonesia, Ascend
Capital, Golden Gate Ventures, SBI
Investment
Omise Team
http://techsauce.co/en/news-en/omise-secures-usd17-5-million-in-funding-which-is-
one-of-the-largest-series-b-investments-for-a-fintech-company-in-southeast-asia/
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Thank You

Thailand Fintech landscape 2016 special report by techsauce