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Thailand Approves Three Digital Bank Bids, Targets 2026 Rollout - Fintech Singapore

Summary by Fintech Singapore
Thailand is set to welcome its first digital banks by 2026, following the Bank of Thailand’s (BOT) approval of three consortium-led applications, according to The Nation. The selected groups are anchored by Krungthai Bank, SCB X, and Ascend Money. The decision follows a selection process that ran from March to September last year, during which five applicants submitted proposals. The three approved consortia were evaluated based on their financi…
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Fintech Singapore broke the news in on Thursday, April 17, 2025.
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