🇸🇬🤝🇹🇭 Our mission trip in Thailand continues to deliver valuable connections and insights. Here’s who we met and what we discussed over the past two days:

Thailand Board of Investment (BOI)
➤ Supports innovation-driven projects in targeted digital industry areas, with investment application value hitting its highest in 2025
➤ Startups include financial support of up to 20 million baht for deep tech startups (from approved VC list), focusing on matured Series B startups, plus visa and work permit support (with 51% Thai ownership requirement)
➤ Delegation had networking time with BOI reps for entity-specific insights

KASIKORNBANK
➤ Beacon Venture Capital, investment arm previously backed Singaporean companies including Nium and Aspire
➤ FinTech focus: payments, lending, and wealth. Enterprise focus: data & AI, automation, business resilience, and compliance
➤ Also introduced Orbix Technology & Innovation, digital asset solutions arm and Thailand’s only digital asset license holder

Krungsri Bank
➤ Krungsri Finnovate CVC investment arm interested in FinTech and banking structure solutions
➤ Runs Thailand’s only active banking accelerator program
➤ Plays dual roles as investor and strategic partner – co-creating, not just investing
➤ Delegation pitched directly to the Finnovate team and banking business unit reps

Digital Economy Promotion Agency (depa) of Thailand
➤ Tech builder for digital transformation, running acceleratorations with neighboring countries
➤ Startup fund supports health tech, FinTech, and govtech
➤ Investment opportunities for startups forming an entity in Thailand

Thailand e-Business Centre(TeC)
➤ Bridges entrepreneurs to global markets across three pillars: upskilling, international expansion, and startup growth
➤ Provides consultation on taxation, entity registration, Thai partnerships, market research, and advisory

RISE – Innovation Consulting
➤ Consultancy and accelerator programs for corporates and startups
➤ Keen to work with Singapore FinTechs entering Thailand

Rajah & Tann (Thailand) Limited
➤ Shared insights on Thailand’s FinTech and AI regulatory landscape, including BOT’s AI guidelines
➤ Addressed questions on AI, business registration, and licensing

🙏 Thank you to all our hosts for their openness and insights. We look forward to turning these conversations into tangible opportunities for our members.