IDC Financial Insights today released the 2020 update of its FinTech Fast 101 research which details a list of fast-growing FinTechs in Asia/Pacific excluding Japan (APEJ) from 11 key markets.
IDC’s FinTech Fast 101 research refers to fast-growing fintech players based on extensive on-ground analysis of fintech players from China, India, Indonesia, Singapore, Hong Kong, Thailand, Malaysia, the Philippines, Vietnam, South Korea, and Australia.
5 Fast Growing FinTechs in Thailand
AIRPAY
AirPay is a popular e-wallet provider operating in Thailand
FINNOMENA
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.
JITTA
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.
OMISE
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.
TRUEMONEY
TrueMoney is a financial technology brand, providing e-payment services in Southeast Asia. In Thailand, the platform includes TrueMoney Wallet, WeCard by MasterCard, TrueMoney Cash Card, Kiosk, Express, Payment Gateway and Remittance.
Note: The list is arranged alphabetically. Source: IDC, 2020
