Group Lease on 5-year path to Asian fintech leadership: CEO
Stock Exchange of Thailand-listed digital-finance firm Group Lease is fully committed to turning itself into a leading fintech company in Asia over the next five years, chairman and chief executive officer Mitsuji Konoshita announced on Monday.
The company’s expansion and development towards financial-technology leadership in Asia will be driven by its efficient and cost-effective Digital Finance platform, which is currently being implemented in seven Asian countries, he said.
These markets include its home market in Thailand, plus neighboring Cambodia, Myanmar and Laos, as well as Singapore, Indonesia and Sri Lanka.
Underscoring its emphasis on IT development to support financial services, Group Lease has doubled its IT development staff to about 350 over the past half year and is constantly upgrading its IT capabilities, the CEO said.
The company’s Digital Finance platform encompasses the entire process from the scoring of loan applicants to the payment of monthly instalments by clients.
