BBL launches international fintech start-up initiative
Bangkok Bank has launched an international accelerator programme for the fast-growing financial technology (fintech) sector. The initiative, Bangkok Bank InnoHub, was announced on Thursday with the bank’s corporate innovation partner Nest.
Both companies will work with up to eight start-ups that are looking to accelerate their growth through the 12-week programme.
The selected companies will gain access to Bangkok Bank’s and Nest’s global network of specialists in technology adoption. They will offer strategic advice to help prepare them for a potential pilot project or integration with the bank’s operations.
Supplementary course material, delivered by a team of innovation experts at Nest, will also help startups make progress on their objectives. Mentors will provide additional guidance.
Bualuang Ventures, the bank’s new venture capital company, can explore new investment opportunities presented by the programme.
Bangkok Bank president Chartsiri Sophonpanich said the accelerator programme will give start-ups an opportunity to expand regionally and internationally, while offering startups overseas an opportunity to collaborate with their Thai and Asean peers.
