Toggle Menu
Fintech Singapore Homepage
  • Mobile Payment
  • Remittance
  • Blockchain
  • Virtual Banking
  • Wealthtech
  • Lending
  • InsurTech
  • Regtech
  • Open Banking
  • Digital Assets
  • News Feed
    • Malaysia
    • Philippines
    • Hong Kong
    • Vietnam
    • Indonesia
    • Thailand
    • India
    • Cambodia
    • Australia
    • China
  • Accelerators
  • Online Events
  • Videos
  • Reports
    • Singapore
    • Malaysia
    • Philippines
    • Vietnam
    • Thailand
    • Indonesia
    • Cambodia
    • Myanmar
  • Top Fintechs
    • Singapore
    • Malaysia
    • Indonesia
    • Philippines
    • Thailand
    • Vietnam
    • China
    • India
    • Hong Kong
    • Taiwan
    • Korea
    • Japan
  • Fintech Startups
    • Asia’s Top Funded
    • Singapore
    • Malaysia
    • Philippines
    • Vietnam
    • Thailand
    • Hong Kong
    • Indonesia
    • Cambodia
    • Myanmar
  • Submit
    • Submit Your Startup
    • Submit A Press Release
  • Newsletters
    • Singapore
    • Malaysia
    • Hong Kong
    • Philippines
    • Vietnam
    • Indonesia
    • Cambodia
  • Fintech Jobs
    • Fintech Jobs
    • Submit Your Vacancy
  • Resource Hub
    • Whitepapers and E-books
    • Fintech Books
    • eCommerce Fraud
    • Open Banking
    • Fintech Podcasts
    • Security
Top 10 Fintech Startups and Companies in Thailand to Keep an Eye On in 2019
Various

Top 10 Fintech Startups and Companies in Thailand to Keep an Eye On in 2019

by Fintechnews Singapore April 10, 2019
2238  1      

It would surprise many outside of the kingdom to discover that Thailand is actually a hotbed for fintech today. Without drawing too much attention to itself globally, Thailand has produced quite a big variety of innovative fintechs, whether they are a local reproduction of an international idea tweaked towards the unique local scene, or specific solutions that foreigners won’t quite understand.

With funding activity ramping up in Thailand and an increasingly progressive stance on blockchain and cryptocurrency, it’s only a matter of time before the scene grows into a strong contender, once the seedling Thai scene matures.

In alphabetical order, our ranking of the top 10 fintechs in Thailand to keep an eye on this year are:

1.  2C2P

2c2p top funded fintech thailand startup

2C2P is a payments solution provider that mainly helps e-commerce merchants accept payments online. 2C2P was founded in 2003 by Aung Kyaw Moe, an entrepreneur from Myanmar who is based in Singapore and Thailand.

2C2P is backed by Expara IDM Ventures under the i.JAM Microfunding Scheme, an initiative of the Government of Singapore, Digital Media Partners, a VC fund from Singapore, and GMO Ventures from Japan, and has raised up to US$18 million in funding so far.

2. ClaimDi

claim di top fintech startup thailand

ClaimDi is an insurtech platform that allows drivers to make insurance claims directly at the scene of the accident on their phone, within 15 minutes.

This is done via the platform’s highlighted “shake and go” feature, which allows both parties in the accident to make an insurance claim without having to wait for a surveyor from their insurance companies to arrive at the scene, and thus avoid inconsistent rates by manual claim adjustors. To date, the startup has raised US$2 million.

3. Finnomena

Finnomena top fintechs startups in thailand

Finnomena robo-advisory startup offering investment information and advice. The company was founded by some of Thailand’s acclaimed investment gurus and has a goal of providing knowledge for investing and personal finance planning. Finnomena’s CEO Jessada Sookdhis is the president of the Thai Fintech Association, and experienced fund manager with experience in companies like UOB Asset Management, Krungsri Asset Management, and etc. Finnomena has raised up to US$3.2 million so far.

4. Flow Account

flowaccount fintech top thailand startup 2019

Flow Account offers a cloud-based accounting system geared towards small businesses in Thailand, and one of the pioneering presences to introduce smart fiinancial management systems for enterprises, which has granted it wide usage by Thailand’s local merchants and businesses. Flow Account won 2017’s AIS The StartUp competition over 300 teams. Flow Account is a freemium, with the basic version offering creating quotations, billing notes, invoices, receipts and purchase orders. The premium package, which costs 990 baht a year, has additional functions including sales and client reports, keeping track of expenses, profit and loss statements, withholding tax forms, and 1GB cloud storage.

5. Jitta

jitta top fintech startups in thailand

One of the top funded fintechs in Thailand with a grand total of US$6.5 million at the time of writing, Jitta is an investing solution that aims to simplify financial analysis for value investors and financial investors. Jitta’s stock-analysis platform also offers actionable advice to help investors make better decisions.

A point of pride for the company is Jitta Ranking, a proprietary algorithm that ranks stocks based on their profit potential. In fact, it is the recommendations engine, partly powered by intelligence reports penned by in-house analysts, that helped Jitta gain a core base of paying users in Thailand, Singapore and the U.S.

6. Masii

masii top fintech startup thailand

Masii is an online comparison platform that offers a variety of financial products like car insurances and travel loans, but is is primarily known as a credit card comparison site. And it had a busy 2018, raising US$ 2.4 million in February last year, then utilising that cheddar to acquire One Place, an events discovery and ticketing platform in a bid to boost its credit card business. Masii was founded by Max Meyer and Matthias Jurgens in February 2016. It is based in Bangkok, Thailand.

7. Omise

omise top fintech startups in thailand

Omise is a fintech startup that aims to create solutions to cater to Thailand’s financial inclusion needs, and started out by operating a solution that accepts both online and offline payments. Users are not requires to make minimum monthly commitments, offers lower transaction fees, and even offers payment acceptance via social media networks.

Last year, the Bangkok-based company embarked on an ambitious project: to create a blockchain-based financial infrastructure called OmiseGo, which should be accessible from across the globe to circumvent legacy systems. The ambition allowed them to receive undisclosed funding partly form a Japanese firm, however its altcoin, the OMG coin, may be facing some difficult times with the global slowdown on altcoins.

8. Piggipo

piggipo top fintech fintech startup thailand

Piggipo is a solution for managing multiple credit cards via one interface. The application securely monitors spending and helps with scheduling payments, saving money and time.

Besides convenience, Piggipo is designed to ensure that users can see a real-time all-in-one credit card statement, set spending limits, a spending infograph, and even the due date of each card.

9. Rabbit Finance

rabbit finance top startup fintech thailand

Rabbit Internet is the company behind Rabbit Finance, one of Thailand’s premier comparison portals for insurance and other financial products. Rabbit Finance was previously Ask Hanuman.

Then in 2017, Rabbit Finance launched a B2B branch that services corporations for needs like employee health, motor, fleet, director liability and warehouse insurance solutions. Rabbit Finance is also a holder of non-life and life insurance brokerage license issued by the Office of Insurance Commission.

10. Sunday Insurance

sunday insurance top fintech startups

With US$10 million funding raised so far, Bangkok-based Sunday is an insurtech provider that offers innovative digital based insurance services.

Sunday uses machine-learning algorithms to provide customers with a broader range of insurance policies, covering properties and possessions, and customised premiums.

The company wants to grow its business organically and through partnerships, and it plans to expand its operations to other countries around Southeast Asia. Their services are customisable and useable via its online platform. Sunday Insurance utilises Amazon Web Services (AWS).

 

 

Other resources you might be interested in:

Curious about what are the top fintech startups are in other Asian countries? Here’s a handy guide looking at the top fintech startups in Asia by country.

Top Fintech Startups Asia

Print Friendly, PDF & Email
2c2p claimdi Finnomena Flow Account Jitta Masii Omise Piggipo Rabbit finance sunday insurance
2238  1      

About Author

More info about author
Fintechnews Singapore

Fintechnews Singapore

More by Fintechnews Singapore

Related Various Articles

Similar Posts From Various Category
Fintech Finals 2016 Heads To Hong Kong / The Semi-Final Winners

Fintech Finals 2016 Heads To Hong Kong / The Semi-Final Winners

December 22, 2015
Accenture: Half of the Banks are Not Making Visible Progress in Digital Transformation

Accenture: Half of the Banks are Not Making Visible Progress in Digital Transformation

June 25, 2019
A Look at South East Asia’s Thriving Fintech Cities

A Look at South East Asia’s Thriving Fintech Cities

September 25, 2019

Newsletter

Subscribe to the most important Fintechnews in Singapore

Follow Us

Facebooktwitterlinkedinrssyoutube

Featured Webinar

Reimagining Digital Transformation with Open Banking

Featured Online Event

Automate Your Entire Agreement Process With DocuSign

Featured Fintech Event

Fintech Connect 2022

Featured Program

Global Fast Track

Webinar Replay

How AI is Reshaping Lending in Asia Pacific_YT (1)

White Papers & E-Books

The Future of Digital Banking in Asia 2022
OneSpan
LexisNexis® Risk Solutions Corporate Digital Payments Study
LexisNexis
Is the grass greener on the sustainable side?
Mambu
The Top Data and Technology Challenges in Financial Services Across Asia Pacific
Intersystems

Partner Content

  • BaaS Needs to Double Down on Cross-Industry Partnerships to Fuel Growth
    July 14, 2022
    Cross-Industry Partnerships Crucial for BaaS to Become a US$7 Trillion Industry
  • Demand for Sustainable Finance on the Rise in APAC
    July 7, 2022
    Demand for Sustainable Finance on the Rise in APAC
  • APAC Financial Institutions Struggle to Make Use of Their Data in a Timely and Effective Manner
    June 28, 2022
    APAC Financial Institutions Struggle to Make Use of Their Data in a Timely and Effective Manner

Fintech Jobs

Fintech Jobs
  • Associate Officer, Service Executive, Group Channels & Digitalisation
    UOB, Singapore
  • Fraud Business Consultant
    Provenir, Remote
  • Partnership and Account Manager
    Binance, Remote
  • Senior Writer, Fintech (Full Time)
    Fintech News Network, Remote

Upcoming events:

  • Wed
    17
    Aug
    2022

    Reimagining Digital Transformation with Open Banking

  • Thu
    25
    Aug
    2022

    Virtual Fintech Forum 2022

  • Thu
    25
    Aug
    2022

    Automate Your Entire Agreement Process With DocuSign

  • Thu
    25
    Aug
    2022
    Fri
    26
    Aug
    2022

    Coinfest Asia

Webinar Calendar

fintech webinar

 

Singapore Fintech Report 2022

Startup Accelerator

Startup Accelerator F10

Hong Kong Fintech Report 2022

Philippines Fintech Report 2022

PH fintech Report 2022

Malaysia Fintech Report 2022

MY fintech report 2022

Indonesia Fintech Report 2020

Indonesia Fintech Report 2020

Fintech Resources

Fintech Resources for Asia 300*250

News by country

Australia Australia
Cambodia Cambodia
China China
Hong Kong Hong Kong
Indonesia Indonesia
Malaysia Malaysia
Philippines Philippines
Singapore Singapore
Thailand Thailand
Vietnam Vietnam

Other Fintech News Network Publications

Fintech News Malaysia Fintech News Hong Kong Fintech News Switzerland Fintech News Baltic Fintech News Nordics Fintech News America Fintech News Middle East Fintech News Africa

Twitter

Tweets von @FintechSIN

Navigation

  • About Fintechnews
  • Contact Us
  • Media Kit
  • Work With Us
  • Fintech Singapore Newsletter
    • Cambodia Fintech Newsletter
    • Indonesia Newsletter
    • Philippines Fintech Newsletter
    • Vietnam Fintech Newsletter
  • Fintech Events
  • Fintech Webinars
  • Fintech Books
  • FinTech Podcasts
  • Fintech Startup Reports
  • Privacy Policy / Disclaimer

Other Fintech News Network Publications

Fintech News Singapore
Fintech News Network Malaysia
Fintech News Network Hong Kong
Fintech News Network Switzerland
Fintech News Network Baltic
Fintech News Nordics
Fintech News America
Fintech News Africa

Latest News

LifeSG App Had Close to a Million Transactions Valued at S$41 Million Since Nov 2021
Payments

LifeSG App Had Close to a Million Transactions Valued at S$41 Million Since Nov 2021

Close to 900,000 transactions, totaling over S$41 million, have been

Print Friendly, PDF & Email
August 16, 2022

© 2015 - 2022 Copyright CK Finanzpro GmbH. All Rights reserved.

  Close Window

Loading, Please Wait!

This may take a second or two. Loading