5 minutes of wisdom for Thai startups from Peng T. Ong, co-founder of Match.com

We managed to grab a quick interview with Singaporean technology entrepreneur Peng T. Ong, best-known as the co-founder and CTO of Match.com, about his thoughts on Thailand's current startup scene. Now he holds the position of Managing Director at Monk’s Hill Ventures - a Southeast Asian VC bullish enough on Thailand that they have recently put someone on the ground…... read more

Thai Cashback Website Dealcha! raises investment from 500 TukTuks and VC groups

Dealcha!, a Thai e-commerce enabler startup, has secured an undisclosed amount in seed funding from 500 TukTuks, Solera investment, NextTech and angel investor Robert Lomnitz from Bangkok Venture Club. Dealcha! (www.dealcha.com) is Thailand’s first cashback website, launched in 2015, and has since grown to be the country’s No. 1 e-commerce cashback rewards platform. Dealcha.com offers…... read more

Krungsri launches ‘Krungsri Finnovate’ to support fintech startups in Thailand and ASEAN

Krungsri (Bank of Ayudhya Pcl. and its business units) has launched its latest subsidiary Krungsri Finnovate Co., Ltd., with a key focus on three core fintech activities: Accelerator & academic collaboration, startup project management, and venture capital set at USD 30 million in three years. Krungsri Finnovate aims to build fintech unicorns. Integrate innovations to Krungsri’s…... read more

500 Tuk Tuks funds ‘Resulticks’ to boost marketing automation growth in the region

500 Tuk Tuks (500 Startups’ Thai focused fund) announced a brand new entry into its portfolio of investments – this time in the burgeoning space of marketing automation, with Resulticks. Resulticks, is a new generation omnichannel marketing automation platform enabling businesses to better engage their customers  across both the offline and online. With a number…... read more

SCB strategically moves to enhance security with intelligent geo-profiling technology

Siam Commercial Bank (SCB), through its financial technology subsidiary Digital Ventures, announced an investment in PulseiD, a geolocation data startup incorporated in Hong Kong. The company specializes in developing identity solutions used in banking, telco and media industries. The investment is part of SCB’s ambition to expand its FinTech portfolio to enhance security and identification,…... read more