Bangkok Bank and Nest unveil fintech start-up programme
Bangkok Bank has launched its fintech accelerator programme, Bangkok Bank InnoHub, in partnership with venture capital firm Nest.
The 12-week programme will take place in the bank’s home market and will cater for eight early-stage companies. Nest has run similar programmes with corporates in Hong Kong, Singapore and Nairobi in Kenya.
Bangkok Bank president Chartsiri Sophonpanich says InnoHub will give local start-ups an opportunity to expand regionally and internationally while offering global start-ups a chance to collaborate with Thai and ASEAN communities.
Sophonpanich adds: “We believe InnoHub will tie in well with the Thai government’s 4.0 policy to build a more innovative, value-added and service-orientated economy.”
InnoHub will also give the bank’s new venture capital company, Bualuang Ventures, the opportunity to explore investment opportunities with these firms.
Bangkok Bank and Nest say they welcome applications from all start-ups, but state the event will particularly benefit firms developing technologies for payments, electronic Know Your Customer (eKYC), machine learning and artificial intelligence (AI).
The global call out is also geared towards companies with technologies that have direct relevance to the Thai market, or potential for adoption in the ASEAN market.
Applications open today (16 March) and close on 10 May. The programme will start in June and conclude with a demo day in September, where the selected start-ups will pitch their business to Thailand and ASEAN’s investment community.
You can get more details and apply here.
